Senior Benefits Specialist

7 days ago

Oakville, Ontario, Canada Siemens Full time

Do you want to join us in helping to fight the world's most threatening diseases and enabling access to care for more people around the world? At Siemens Healthineers, we pioneer breakthroughs in healthcare.

We offer you a flexible and dynamic environment with opportunities to go beyond your comfort zone to grow personally and professionally.

Then come and join our global team as a Pension and Benefits Specialist to work in a team environment which includes USA and Canada colleagues, will be responsible for the ongoing governance, administration and operations of flexible benefits, defined contribution and defined benefit pension plans.

This includes peer review, data analysis and the development of process improvements to ensure accuracy and gain efficiencies.


We are a team of 70,000 highly dedicated employees across more than 70 countries passionately pushing the boundaries of what's possible in healthcare to help improve people's lives around the world.

We are part of an incredible community of scientists, clinicians, developers, researchers, professionals, and skilled specialists pushing the boundaries of what's possible, to improve people's lives around the world.

Check our Careers Site at .

As a Pension and Benefits Specialist, you will be responsible for:

Overall governance and administration of all pension and benefits activities in Canada
Communicating and coordinating with members, employers, union representatives, actuaries, auditors, custodians and any other third-party representative regarding benefit entitlements, data, administration procedures and interpretations of plan provisions
Determining entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, government legislation requirements and current service standards
Conducting peer reviews of pension calculation, authorizations and other documents prepared by vendor
Ensuring monthly, quarterly, yearly reporting is completed including monthly financial reconciliations
Participating in year-end activities, including annual enrollment, data updates, validations, reconciliations, annual pension statements, and actuarial valuation data
Performing reconciliation of monthly contributions postings and reports
Providing service support to internal customers - responding to benefits and pension inquiries from internal accounting, auditors, employees, retirees on plan provisions, status changes and other general inquiries
Supporting and prepare Pension Committee materials (quarterly)
Participating in ad-hoc projects such as audits and data clean ups
Organizing workload to ensure services and regulatory deadlines are met
Additional tasks and projects for CAN and USA benefits as assigned
Working independently and cooperatively as a member of country HR team to provide superior customer service in all benefits and pension matters to both, internal and external stakeholders
Coordinating with benefits vendors, pension fund custodian, plan actuaries, plan auditors, lawyers, unions, employers, and other third-party representatives
Dealing directly with Plan participants/members, spouses and beneficiaries regarding pension entitlements and Plan information
Working cooperatively with co-workers in other administrative departments
Using your expertise in pension and benefits to support governance and administration of all pension and benefits activities in Canada
Minimum 5 years of benefits and pension administration/analyst experience
Post-secondary education (preferably in Mathematics, Statistics, Actuarial Science) or completed courses related to benefits and pension administration
Pension Plan Administration Cert (PPAC) is an asset
Intermediate to advanced knowledge of Health and Flexible Benefits, Defined Contribution and Defined Benefit pension plans and provincial and tax legislation
Experience reviewing pension calculations and member transactions
Ability to lead projects by taking ownership and being accountable for assigned tasks
Good understanding of actuarial concepts related to pension administration
Good understanding of legislative requirements related to benefit and pension administration
Intermediate to expert MS Excel skills (formatting, build/interpret pension calculators, data analysis functions)
Experience with Workday and Ceridian Dayforce, implementation experience a plus
Bilingualism (English and French) is preferred

To innovate for healthcare, building on our remarkable legacy of pioneering ideas that translate into even better healthcare products and services.

We offer you a flexible and dynamic environment and the space to move beyond your comfort zone to grow both personally and professionally.

If you want to join us in transforming the way healthcare is delivered, visit our career site at:

If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Career site:


Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process.

By submitting personal information to Siemens Canada Limited or its affiliates, service providers and agents, you consent to our collection, use and disclosure of such information for the purposes described in our Privacy Notice available at .


Sur demande, Siemens Canada prendra des mesures d'accommodement raisonnables pour les personnes handicapées, dans le but de soutenir la participation des candidats dans tous les aspects du processus de recrutement.

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