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Pension Benefits Analyst

2 months ago

Winnipeg, Manitoba, Canada Mercer Full time

About Mercer

Mercer is a leading professional services firm that helps clients navigate an increasingly dynamic and complex environment. Our team of experts provides innovative solutions to enhance the health, wealth, and careers of our clients and their employees.

Job Summary

We are seeking a highly skilled Pension Administration Specialist to join our team. As a Pension Administration Specialist, you will be responsible for providing high-quality administration services to our clients, demonstrating outstanding and timely customer service in all dealings with client contacts.

Key Responsibilities

  • Calculate pension benefits and prepare statements resulting from various events (termination of employment, retirement, death, marriage breakdown, transfer, etc.)
  • Update client's database (data request and validation, use of various systems/databases, data processing and accrual of benefits and other pertinent information, reconciliation of membership, etc.)
  • Prepare annual statements for plan members
  • Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA) and pension indexation
  • Respond to clients and members' inquiries

Requirements

  • 1-3 years of pensions experience
  • Financial and/or mathematics background
  • Strong analytical and organization skills, thoroughness, and attention to detail
  • Excellent written and verbal communication skills
  • Ability to work in teams; accountable and resourceful
  • Strong proficiency in Excel and working knowledge of the MS Office suite

Preferred Qualifications

  • Bachelor's degree in a related field such as finance, actuarial science, mathematics, or business administration
  • Prior experience working with defined benefit pension plans
  • Prior experience working in an actuarial firm

About Our Company Culture

Mercer is committed to building a diverse, inclusive, and flexible work environment. We believe in fostering a culture of belonging, innovation, collaboration, and internal mobility. Our company values diversity and inclusion, and we strive to create a workplace where everyone feels valued and respected.

What We Offer

  • Competitive pay (salary and bonus potential), full benefits package – effective starting Day 1 (Medical, dental, vision, STD/LTD, life insurance, RSP (Retirement Savings Plan) or TFSA (Tax Free Savings Account))
  • Generous paid time off for vacation, sick days, company holidays (with early dismissal), floating holidays, and time to give back to your community; flexible work culture
  • Employee Resource Groups which provide access to leaders, relevant volunteer, and mentoring opportunities, and interactions with counterparts in industry groups and client organizations