Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Manager,Pension Benefits
Are you ready to embark on a transformational journey? We are seeking a dynamic and forward-thinking leader to join us as Manager,Pension Benefits . If you thrive in dynamic environments and are committed to innovation and transformation, this is the opportunity for you!
If you have experience in handling pension benefits issues, development of related internal policies and regulations, and risk management in pension benefits process, then we are looking for you. In this pivotal role, you will manage RSSB’s Pension Benefits Scheme for our members by ensuring quality services and client satisfaction.
Reporting to the Head Pension and Pre-retirement Benefits, the Manager, Pension Benefits will be responsible for all aspects of administering pension schemes, from liaising with pension scheme members to developing new pension policies and ensuring that service delivery standards are adhered to
About RSSB
The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB’s vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realising Vision 2050 and the National Strategy for Transformation (NST1). RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Term Saving Scheme).
As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 2.06 trillion Rwf , which is equivalent to over 15% of the country’s GDP, RSSB invests in key sectors of the economy and plays a crucial role in growing the country’s financial sector. With approximately 12 million members in the above six schemes, encompassing over 90% of Rwanda’s population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.
To achieve its important mandate, RSSB is embarking on a transformative journey, aiming to become a modern, data-driven, and high-performing institution. As part of this ambitious initiative, we are seeking highly motivated individuals who are results-oriented and uphold the highest standards of professionalism and integrity. By joining RSSB, you will have the opportunity to actively contribute to the advancement of social security and overall transformation of Rwanda.
If you are passionate about making a meaningful impact, ready to embrace innovation and change, and eager to work in a dynamic and collaborative environment, then RSSB is the place for you.
Roles & Responsibilities
- Ensure the review of the pension schemes’ projection of members, collections, benefit pay-outs and expenses to ascertain the schemes financial soundness
- Oversee accuracy of pension benefits and timely payment to eligible beneficiaries
- Head investigations on Pension benefit risks; ensure they are effectively conducted and approve risk reports
- Attend to internal and external Audit queries
- Develop pension rules and policies; and ensure their application throughout the scheme.
- Participate in Actuarial valuation of the schemes
- Implement measures towards beneficiary’s satisfaction, treating members fairly and overall good governance
- Prepare periodical statistics of the scheme and ensure their availability to senior management
- Ensure availability of periodical statistics of the injuries
- Establish the strategic and operational plan of the scheme and prepare its budget
- Evaluate performance of staff under his/her supervision for compliance with established policies and objectives of the institution and contribute to attaining objectives
- Oversee staff management under his/her supervision
- Suggest recommendations for improvement in matters affecting the operations of the scheme
- Identify all risks in pension operations, maintain risk register and put in place control measures
- Engage with relevant internal and external stakeholders in the course of work while upholding and promoting RSSB’s image
- Prepare and present daily/ weekly/ monthly performance reports for senior management use
- Perform any other duties related to the department as may be assigned by supervisor
Key Requirements
The successful candidate must have at least:
- Master’s Degree in Finance, Economics, Actuarial science, Social Protection Financing, Accounting, Business Management, Social Sciences, or a relevant field with at least 4 years’ relevant experience, 2 of which should have been in supervisory role
OR
- Bachelor’s Degree in Finance, Economics, Actuarial science, Accounting, Business Management, Social Sciences, or a relevant field with at least 6 years’ relevant experience, 2 of which should have been in supervisory role
Key competencies
Technical Competencies:
- The role holder should have strong knowledge in pension
- The incumbent must be familiar with retirement provision
- Must possess benefits analysis and planning skills
- Must be conversant with social security legislation and other relevant laws
Behavioral Competencies:
- Must demonstrate impeccable customer service focus, strategic thinking, and strong ethical background with an ability to resist and zero tolerance for corrupt, political and other undesirable influences;
- Must be able to establish and maintain constructive and effective relationships with key stakeholders and staff alike;
- Must be open to change and adapt established methods for new uses within the institution;
Additional Information
The position is based in Kigali, Rwanda and applicants must be willing to relocate outside their countries of domicile.
RSSB reserves the right to appoint or to issue an employment contract to the successful candidate.
Interested candidates are advised to visit the RSSB website for a more detailed job description for the role, and submit your application online by Thursday, 22 August 2024.
In addition, please attach a curriculum vitae that contains details of your qualifications, experience and positions held relevant to this role. Include your day and evening telephone numbers, email address, names and address of three professional referees. Also, attach copies of your academic and professional qualifications.
Any form of canvassing will lead to automatic disqualification.
Only short-listed applicants will be contacted.
Shortlisted candidates will be required to submit a valid Criminal Clearance Certificate.
RSSB is an Equal Opportunity Employer
Click here to visit the website source & Apply
