Senior Associate

4 weeks ago

Old Toronto Ontario, CA Aon Full time
Senior Associate - Pension Administration

Are you looking for an opportunity to join a global leader in the professional services space? This could be the opportunity for you

We are in search of a hardworking, motivated, diligent, and career-minded individual to join our Pension Administration team.

This is a hybrid role with the flexibility to work virtually and from our Toronto or Vancouver office.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over the sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The Senior Associate will be responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.

  • Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
  • Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
  • Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
  • Preparation and review of annual pension statements;
  • Read and interpret pension plan texts;
  • Quality control of year-end data input and verification of computer output;
  • Communication with clients regarding data, administration, and interpretation of pension plan text;
  • Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
  • Track team progress and coordinate with various departments to ensure service delivered on time;
  • Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
  • Assist with the development/maintenance of standard operation procedures;
  • Respond to member calls and facilitate requests;
  • Attend client meetings in a technical support role;
  • Liaise with trust company and plan auditors;
  • Maintenance of client records; and
  • Other duties as required.
Skills and experience that will lead to success
  • 2+ years working with Defined Benefit pension plans preferred;
  • Education in Math, Statistics, Actuarial Sciences and Finance;
  • Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
  • Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
  • Oral and written communication skills and ability to work in a team environment;
  • Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
  • Thorough with sound pension administration and organizational skills;
  • Advanced Excel and a thorough knowledge of Word;
  • Client-service approach; and
  • Other assets include knowledge of the French language, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.
How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

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