Benerd is an Associate of the Chartered Insurance Institute of UK, and is a member of the Certified Public Accountants of both Kenya and Uganda. He holds a Master’s degree in Business Administration from the Management College of Southern Africa, a Bachelors of Commerce degree in Insurance from Makerere University, and ACCA Advanced Diploma in Accounting and Business. Currently he is pursuing a fellowship of the Chartered Insurance Institute of London

Benerd has 24 years’ experience as a regulator and as a practioner in the Insurance industry .He has held various positions in the Authority ranging from Assistant Commissioner Finance and Investment, Assistant Commissioner Technical and Assistant Director Operations and is currently the Director Supervision . Prior to his employment at the Authority, Benerd was an Insurance practioner with National Insurance Corporation and Jubilee Insurance Company.
Benerd has served in various committees of the Authority and in the Financial Sector and is a Paul Harris Fellow .