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Specialist, Defined Benefit Administration

2 months ago


Mississauga, Ontario, Canada Gallagher Full time
Job Title: Specialist, DB Administration Company: Buck Canada About Us

Buck Canada is a leading provider of HR, pensions, and employee benefits consulting services. With a century of experience, we're redefining the landscape of our industry and creating a future where businesses and individuals thrive.

Job Description

We're seeking a highly skilled Specialist, DB Administration to join our team. As a Specialist, you'll play a critical role in performing day-to-day and cyclical defined benefit plan administration services, providing ad hoc client support, and supporting less experienced associates.

Key Responsibilities
  • Collect, manipulate, reconcile, and review participant data, identifying and resolving issues as they arise
  • Calculate various types of benefits and prepare event statements and payment authorizations from a pension administration system or manually
  • Prepare annual member statements
  • Calculate PAs, PARs, and PSPAs
  • Perform all work in accordance with rigorous quality control and audit requirements, maintaining complete audit trails
  • Interpret and apply the provisions of the plans and the various applicable laws
  • Create/update process documentation
  • Produce ad hoc reports
  • Perform user acceptance testing
  • Recognize and raise quality issues to the manager in a timely manner
  • Maintain a high level of professionalism and sense of responsibility to ensure client and participant expectations are consistently met
  • Manage workload and priorities in a high-pressure environment
  • Back up and support other team members as required
  • Coach and train less experienced staff
  • Participate in training, special projects, and other duties as assigned by the manager
Requirements
  • Minimum of three years progressive defined benefit administration experience
  • Demonstrated understanding of defined benefit plan design basics
  • Excellent English-language oral and written communication skills
  • Strong proficiency in Microsoft Excel and Word
  • Strong analytical and problem-solving skills
  • Proven attention to detail
  • Professional client-focused manner and diplomacy
  • Ability to organize, set priorities, manage multiple and changing priorities in a fast-paced and team-oriented environment
  • Bachelor's or Associate's Degree in Math, Business Administration, Statistics, or related field, with a strong academic record
  • French language fluency, CEBS or RPA designation, and completion of PPAC courses are an asset
Compensation and Benefits

We offer a competitive salary, great teams, and exciting career opportunities, as well as a wide range of benefits, including:

  • Flexible medical & dental coverage to meet your household's needs
  • Life, Dependent Life, and AD & D Insurance options
  • Retirement savings, including RRSP, company match, TFSA, pension, and more
  • Employee Stock Purchase Plan

Other benefits include:

  • Educational expense reimbursement
  • Employee assistance programs
  • Discounted gym membership (GoodLife Fitness)
  • Opportunity for flexible work arrangements
  • Paid sick days & personal days
  • Paid Time Off to Volunteer
  • Employee education recognition program
  • Employee referral bonus program
  • LifeWorks Employee Assistance Program
  • Matching Gift Program
Our Commitment to Inclusion and Diversity

We value inclusion and diversity and are committed to creating a workplace that reflects the diversity of our clients and communities. We believe that all persons are entitled to equal employment opportunity and prohibit any form of discrimination based on protected characteristics.