Rwanda Social Security Board Head, Pension And Pre-Retirements Benefits Jobs in Rwanda

Rwanda Social Security Board Head, Pension And Pre-Retirements Benefits Jobs in Rwanda

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 1.9 trillion Rwf, which is equivalent to 17% of the country's GDP, RSSB invests in key sectors of the economy and plays a crucial role in providing up to 20% of liquidity for the financial sector. With approximately 12 million members in the above six schemes, encompassing close to 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.

Key Duties and Responsibilities

Ensure the review of the schemes’ projection of members, collections, benefit pay-outs and expenses to ascertain the schemes financial soundness

In collaboration with strategy department, participate in the preparation and implementation of actuarial valuation reviews of the schemes under management

Take stock of the schemes’ trends and advise the management on strategies and policies of improving social security coverage both vertically and horizontally.

Provide instructions to carry out investigations on occupational risks, ensure fraud cases are properly conducted, and analyse and approve investigation reports

Ensure compliance with established policies and objectives of the institution

Detect and prevent frauds and malpractices in the three schemes

Follow up pension benefits of Rwandans who worked abroad

Ensure availability of periodical statistics of the injuries

Make recommendations for improving matters affecting operations of the department, identify gaps and propose training needs

Ensure availability and implementation of policies guiding operations of the department

Ensure provision of

quality services to beneficiaries in accordance with standards set

Approve pension, occupational hazards, and maternity leave benefits files before payment

Establish the strategic and operational plans of the department and prepare its budget

Oversee the institution's operations regarding Pension and Pre-retirement Benefits to ensure efficiency, quality services and cost-effective management of resources

Review activity reports to determine progress and status in attaining objectives

Engage with relevant internal and external stakeholders in the course of work while upholding and promoting RSSB’s image

Oversee staff under his/her supervision for compliance and evaluate the performance of staff in the department

Perform any other duties related to the Pension and Pre-Retirement department as may be assigned by the supervisor

Key Qualifications and Experience

The successful candidate must have at least:

Master’s Degree in Business Management, Business Administration, Social Sciences, Medicine, public health, Social Protection Financing, Economics, Actuarial science, Insurance, or a relevant field with at least 6 years’ experience, 2 of which should have been in a managerial role.
OR

Bachelor’s Degree in Business Management, Business Administration, Social Sciences medical sciences, public health, Economics, Actuarial science, Insurance, or a relevant field with at least 8 years’ experience, 2 of which should have been in a managerial role.

Key Competencies

Technical Competencies:

The incumbent must have in-depth knowledge in pension administration

The role holder must have sound understanding in benefit calculation and cost benefits analysis

The incumbent must have a strong knowledge in portfolio performance management

The role holder should have good working knowledge and understanding in basic actuarial methods and ability to analyse data and draw inferences

The role holder must have sound knowledge and understanding on labour legislation

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

How to Apply

For more information and job application details, see; Rwanda Social Security Board Head, Pension And Pre-Retirements Benefits Jobs in Rwanda

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