Pension Administration

3 months ago

Montreal, Canada Mercer Full time

At Mercer, weâre creating a culture where you can bring your authentic self to work.  When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally â regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are.  You are welcome here. 

Mercer is seeking candidates for the following position:

Pension Administration - Senior Analyst (French Bilingual)

What can you expect?

  • The Senior Analyst works in a team environment as part of Mercerâs pension administration Centre of Excellence
  • You will be part of a team who provide high quality administration service to a portfolio of clients, demonstrating outstanding and timely customer service in all dealings with client contacts
  • You will be part of a company committed to enhancing the health, wealth, and careers of the clients we serve and their employees â and will work for a company equally invested in the development of our own people
  • You can rest assured a high value is placed on diversity and we work to foster understanding, inclusion, and innovation in the workplace
  • You will be doing meaningful, challenging work, and can look forward to a career with many opportunities to learn, grow, and advance

What is in it for you?

  • A company with a strong brand and strong results to match, and are committed to making a difference in the lives of people
  • A culture of belonging, innovation, collaboration, internal mobility, and extraordinary career opportunities through our four businesses: Marsh, Mercer, Guy Carpenter, and Oliver Wyman, each consistently ranked the industry leader in their fields
  • Competitive pay (salary and bonus potential), full benefits package â effective starting Day 1 (Medical, dental, vision, STD/LTD, life insurance, RSP (Retirement Savings Plan) or TFSA (Tax Free Savings Account))
  • Generous paid time off for vacation, sick days, company holidays (with early dismissal), floating holidays, and time to give back to your community; flexible work culture
  • Employee Resource Groups which provide access to leaders, relevant volunteer, and mentoring opportunities, and interactions with counterparts in industry groups and client organizations

We will count on you to:

  • Calculate pension benefits and prepare statements resulting from various events (termination of employment, retirement, death, marriage breakdown, transfer, etc.)
  • Update client's database (data request and validation, use of various systems/databases, data processing and accrual of benefits and other pertinent information, reconciliation of membership, etc.)
  • Prepare annual statements for plan members and annual information returns
  • Understand the provisions of the plans and the various applicable laws
  • Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA)
  • Respond to clients and membersâ inquiries
  • Administer plans that may contain complex features (flexible plans, executive plans, hybrid plans, etc.)
  • May be involved in various special projects, including plan termination, early-retirement program, pension indexation, implementation of new plan provisions, etc.

What you need to have: 

  • Bilingual (French & English)
  • Bachelor's degree in a related field such as finance, actuarial science, mathematics, or business administration
  • Financial and/or mathematics background
  • Strong analytical and organization skills, thoroughness, and attention to detail
  • Excellent written and verbal communication skills
  • Ability to work in teams; accountable and resourceful
  • Strong proficiency in Excel and working knowledge of the MS Office suite

What makes you stand out:

  • 1-3 years of pensions experience
  • Prior experience working with defined benefit pension plans
  • Prior experience working in an actuarial firm

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercerâs more than 20,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the worldâs leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and X. 

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. 

In accordance with applicable legislation, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individualâs particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact TANA@mmc.com. 

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one âanchor dayâ per week on which their full team will be together in person. 

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