Key Roles and ResponsibilitiesResponsible to the Board of Trustees, the Trust Secretary/Administrator shall be the Secretary to the Board. He or she shall be the head of the Secretariat and shall ensure Implementation of the Board decisions, policies and programmes. In addition he/she should offer administration service in line with the provisions of the Retirement Benefits Act, particularly the Administrators regulations. Scope of Work for the Dust Secretary/Administrator • Providing leadership to the Secretariat • Formulating and implementing approved policies that will ensure that the investment aspirations of the pension schemes are attained • Articulating the policies of the Board of Trustees and ensuring appropriate strategies are developed and implemented • Developing and delivering strategic objectives agreed with the trustees • Recommending to the trustees significant operational changes and major capital expenditure • Ensuring effective communication is sustained • Computation of benefits accurately and paying the right person in time • Ensuring compliance with the Retirement Benefits Act and other legal requirements. •Liaise with Fund Managers, custodian and other professional service providers in ensuring efficient operation of the scheme. Qualification/Persons Specifications The person to be appointed as Trust Secretary/administrator shall be academically and professionally qualified in matters relating to insurance. law, accounting, actuarial science, economics, banking, finance, investment of scheme funds. The applicant should possess the following qualifications: • Bachelor’s degree in any of the following fields: Commerce, Economics, Business, Law, Mathematics, Actuarial Science or has more than five years’ experience in matters relating directly to pensions and administration of schemes. • Master’s degree in any one of the above fields or a field related to investment of scheme funds will be an added advantage.• Membership of a relevant professional body and Trustees certification will be an added advantage • Minimum of ten years relevant work experience. • Demonstrated knowledge in pensions administration and investments • Excellent communications skills.
