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Madison Group Limited, a locally owned financial services holding company specializing in insurance and wealth management, is seeking qualified professionals to join its team. The Group comprises Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in 1988 as Madison Insurance Company Limited (MICK) after a successful merger between Crusader Plc (1974) and Kenya Commercial Insurance Corporation.
Open Jobs: Senior Supervisor – Pensions Administration and Assistant Portfolio Manager.
Senior Supervisor – Pensions Administration
Job Type: Full Time
Qualification: BA/BSc/HND, Professional Certificate
Job Field: Insurance
Key Responsibilities:
Oversee the end-to-end administration of a portfolio of pension schemes including onboarding, contributions, benefit payments, and exits.
Verify and approve complex fund updates, scheme valuations, member statements, and regulatory filings.
Authorize escalated withdrawal requests and high-value transactions within the set approval matrix.
Monitor compliance with statutory obligations and support internal/external audits.
Lead and coordinate trustee and member meetings, AGMs, and training sessions.
Prepare and review quarterly and annual scheme performance and compliance reports for management and regulatory bodies.
Provide mentorship, technical guidance, and performance oversight for junior staff and scheme supervisors.
Drive innovation through automation of operational processes and continuous improvement initiatives.
Liaise with external stakeholders, including clients, intermediaries, custodians, and regulators, to resolve complex scheme matters.
Contribute to the preparation of scheme-specific board papers and performance dashboards for leadership review.
Other duties as may be assigned by the Line Manager from time to time.
Academic and Professional Qualifications required:
Bachelor’s degree in Economics, Insurance, Actuarial Science, Statistics, Mathematics, or a related field.
Professional qualification in retirement benefits, insurance, marketing, or business development (e.g, FSRI, CPSP, AIIK, CPAM, CIM).
Minimum of 5 years’ experience in pension administration with at least 2 years in a supervisory or team-lead capacity.
Strong understanding of the Retirement Benefits Act and the regulatory framework in Kenya.
Proficiency in Microsoft Excel and Microsoft Office Suite.
Key Competencies:
Proven leadership and team management skills.
Advanced technical competence in pension administration.
Strong analytical skills and attention to detail.
Excellent communication and stakeholder engagement skills.
Ability to manage multiple priorities and meet strict deadlines.
High level of integrity, professionalism, and ethical conduct.
Assistant Portfolio Manager
Job Type: Full Time
Qualification: BA/BSc/HND, MBA/MSc/MA, Professional Certificate
Experience: 4 - 6 years
Location: Nairobi
Job Field: Finance / Accounting / Audit
Purpose of the Role:
The Assistant Portfolio Manager provides comprehensive support to the Investment Manager in the day-to-day management of client portfolios and the overall operations of the Investments Department. The role is crucial for ensuring the smooth execution of investment strategies, timely and accurate reporting, and adherence to all regulatory guidelines set by the Capital Markets Authority and the Retirement Benefits Authority.
Key Responsibilities:
Support the Investment Manager in developing and implementing asset allocation strategies for client portfolios.
Monitor investment dealing and trading activity, and prepare portfolio performance reports against benchmarks.
Conduct fundamental and technical research to generate investment ideas and macroeconomic perspectives.
Prepare and consolidate investment, fund, and compliance reports for management, clients, trustees, and regulators (CMA, RBA).
Liaise with stockbrokers, custodians, and other third-party service providers.
Support client communication, presentations, and marketing initiatives.
Qualifications, Experience, and Competencies:
Bachelor’s degree in Business, Finance, Economics, or a related field; demonstrable progress toward a Master’s degree is an added advantage.
A professional qualification such as CISI, CIFA, or progress towards the CFA program is highly desirable.
4 – 6 years’ experience in the investment or fund management industry.
Strong analytical and quantitative skills with a solid understanding of financial modelling and valuation.
Proficiency in investment software and data platforms.
Excellent communication and report writing skills, with a high level of attention to detail and accuracy.
Demonstrated high ethical standards and impeccable integrity.
Method of Application:
Qualified candidates are requested to forward their CV and Cover letter to [Click the Apply button below to apply, and Create my CV to build a CV tailored to this offer, professionally] not later than 16th September 2026 stating the Role as the Subject of the email.
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