The Deputy Director, Supervision (Scheme Risk Management & Actuarial Services) is responsible for risk assessment of schemes and service providers to ensure stability of the retirement benefits industry.
- Bachelors Degree in any of the following disciplines: finance, law, economics, commerce, business administration, social security or its equivalent qualification from a recognized institution;
- Masters Degree in any of the following: finance, law, economics, commerce, actuarial science, business administration, social security or its equivalent qualification from a recognized institution;
- Relevant professional qualification and membership to a professional body, in good standing, where applicable;
- At least ten (10) years’ relevant work experience with at least five (5) years’ experience in a managerial role;
- A certificate in a management course lasting not less than four (4) weeks;
- Demonstrated merit and ability as reflected in work performance
- Proficiency in computer applications; and,
- Fulfills the requirements of Chapter 6 of the Constitution
- Ensuring the execution of compliance report findings in compliance with the statutory requirements and preparing management reports.
- Follows through on recommendations on reserves and surplus distribution strategies and preparing reports.
- Ensuring inspection of retirement benefits schemes and service providers and providing appropriate interventions;
- Managing and mitigating risks faced by retirement benefits schemes to enable prompt intervention and corrective action;
- Reporting on amalgamations, transfers and restructures to ensure that retirement benefits schemes remain financially sound and member benefits are protected;
- Preparing advisory to trustees and members on issues relating to benefits computation;
- Reviewing independent actuarial valuations of retirement benefits schemes or cohort of members on need basis to support decision making;
- Reviewing prudential guidelines for the retirement benefits industry and recommending as appropriate;
- Managing the process of review, development and implementation of the Standard Operating Procedures in Quality Management Systems of audit recommendations; and
- Monitoring and reporting on performance progress and risk mitigation activities.
Key Competencies and Skills
- Strategic thinking and analytical skills;
- Writing, communication and reporting skills;
- Managerial skills and ability to lead teams;
- Mentoring and coaching skills;
- Interpersonal skills; and
- Team player.
Terms of Offer
These positions offer a competitive remuneration package, excellent opportunity to make a contribution to the performance of the Authority.
RBA is an Equal opportunity employer, employer of choice, and all qualified Kenyans are encouraged to apply.
Note: Only shortlisted candidates will be contacted and canvassing will result in automatic disqualification.