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Early Careers: Pension Associate, Defined Benefit Pension Administration
2 months ago
Join a global leader in Pension Administration and take your career to the next level. As an Associate, you will play a key role in delivering high-quality service to our Defined Benefit Pension clients.
About the Role- Provide exceptional service to clients, ensuring the efficient operation of their pension plan arrangements.
- Calculate benefit entitlements on retirement, termination, death, and marriage breakdown.
- Conduct calculations on PAs, PSPAs, and PARs, and prepare applicable filing forms.
- Prepare indexation and annual pension statements.
- Perform year-end updates of plan records, including the reconciliation of membership, contributions, and trust fund.
- Prepare government forms, including Annual Information Return, Form 7, and PBGF forms.
- Assist with testing the pension system for new and existing clients according to plan provisions and administrative requirements.
- Assist with maintaining standard operation procedures.
- Respond to member calls and facilitate requests.
- Maintain members' records.
- A dynamic and inclusive work environment where you can grow and develop your skills.
- A comprehensive benefits package that supports your wellbeing and work-life balance.
- Opportunities for continuous learning and professional development.
- A collaborative team environment where you can make a real impact.
- 1+ year of experience working with Defined Benefit pension plans.
- Preferred education in Math, Statistics, Actuarial Sciences, and Finance.
- Previous experience in calculating complex benefit entitlements on retirement, termination, death, and marriage breakdown.
- Experience in year-end tasks, including PAs, PARs, indexation, and annual statements.
- Knowledge of related provincial and federal pension legislation and Income Tax Act provisions.
- Good oral and written communication skills and ability to work in a team.
- Experience with pension administration systems, strong spreadsheet competencies, and math proficiency.
- Meticulous with sound pension administration and organizational skills.
- Advanced Excel and a thorough knowledge of Word.
- Client-service demeanor.
Aon is a global leader in risk, retirement, and health solutions. We help our clients make better decisions to protect and enrich the lives of people around the world.
We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
