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Pension Administrator
7 days ago
A Pension Administrator works in a team environment and is responsible for the ongoing administration of their client's pension plans in compliance with plan rules, legislative requirements, and internal practices
The Pension Administrator will:
- Communicate and coordinate with members, employers, union representatives, actuaries, auditors, custodians and any other thirdparty representative regarding benefit entitlements, data, administration procedures and interpretations of plan provisions.
- Maintain uptodate records for members and clients.
- Determine entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, government legislation requirements and current service standards.
- Authorize payment of benefit entitlements and plan expenses from custodian.
- Work with senior members of the team during peer review process.
- Participate in yearend activities, including data updates, validations, reconciliations, annual pension statements, and actuarial valuation data.
- Prepare of client administration reports, if applicable.
- Identify process improvements and work with team to implement new procedures.
- Participate in other duties and projects, as assigned.
To be successful as a Pension Administrator with BPA, you will need**:
- Excellent and proven organization skills
- Strong mathematical and analytical.
- Excellent attention to details.
- Strong communication skills, written and oral.
- Excellent work ethic and accountability.
- Intermediate to Expert MS Excel skills (formatting, build/interpret pension calculators, data analysis functions).
- Intermediate to Expert MS Word skills (formatting, word merge and conditional wording).
What's in it for you:
- Learn by working alongside our experts
- Extended health care and dental benefits
- A retirement savings plan with company contributions
- A suite of Health & Wellness offerings
- Mental Health programs and support for you and your family
- Assistance for the completion of industry designations
- Competitive compensation
About BPA:
BPA is a division of People Corporation and has served members and beneficiaries in their local communities since 1958.
BPA is dedicated to providing a superior benefits experience to our members, businesses, and trusts in the local communities in which they live and operate.
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