Team Leader – Employee Benefits
Location | Nairobi, Kenya |
Date Posted | October 7, 2021 |
Category |
Human Resource / HR
|
Job Type |
Full-time
|
Currency | KES |
Description
Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
Job Ref. No. JLIL003
We currently have an exciting career opportunity for Team Leader – Employee Benefits, Jubilee Life Insurance
Limited. The position holder will report to the Investment & Client Services Manager and will be based at Head
Office, Nairobi.
Role Purpose
The job holder will provide leadership to the team in handling Corporate Pensions, ensuring conservation and retention of existing business while providing superior service to retirement benefits business clients (deposit administration) in full compliance with the laid down procedures and guidelines as set out in the operations manuals.
Main Responsibilities
Offer Leadership within the corporate pension department towards:
- Ensuring Retirement Benefits business contributions are collected on a timely basis and performing conservation of existing business by offering alternative Jubilee Insurance products to clients where necessary. This includes ensuring that the member contributions and transfers in are updated within the stipulated timelines.
- Ensuring up to date and accurate records are maintained for the retirement benefits clients, preparing summary/statistical reports of the business and submitting to the Management team as and when required.
- Gathering and maintaining accurate and up to date information of market trends, competition, and products in the market. Preparing reports on a regular basis making recommendations for future cause of action for business conservation and growth.
- Ensuring that there is a timely processing of the member benefits.
- Ensuring that there is a timely and regular update to the clients through the relevant reports e.g., Annual member statements, management contributions reports, guaranteed fund reports etc. as and when required.
- Plan and organize for regular clients meeting, reporting thereafter (as well as the timelines for processes and functions) and sharing the same with the Management as may be required.
- Building strong business relationships with our existing clients and intermediaries. This will include marketing Jubilee Life’s pension products as alternatives to transfer of funds out of Jubilee Insurance.
- Providing superior services to retirement benefits clients, exceeding client expectations including client communications, query managements and follow–ups to evaluate customer satisfaction as well as updating clients on the scheme and industry developments.
- Continuous reviews of the team’s workflow and processes to ensure efficiency in the team’s service delivery.
- Ensuring the schemes are managed and administered in full compliance of existing legislation and guidelines.
- Approve payments of service providers & intermediaries out of schemes under management.
- Oversee the fund reconciliations preparation of schemes financial statements and reporting on the performance of the guaranteed fund.
Key Competencies
- Market Awareness
- Visionary Leadership
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Entrepreneurial Spirit
- Team Spirit
Qualifications
- Bachelor’s degree in a business–related field, or any other related field.
- ACII or AIIK (Specialization in Life/Pension Insurance will be an added advantage)
- TDPK
Relevant Experience
Minimum of 5 years relevant experience in a similar position, 2 of which are in a supervisory level.
Applying Instructions
Submit your CV, copies of relevant documents and Application to Recruitment@jubileekenya.com
Use the title of the position and the Job Reference Number as the subject of the email
Closing Date : 14 September. 2021