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Senior Pension Analyst
4 months ago
We are seeking a Senior Pension Analyst to join our BPA team in Mississauga.
A Senior Pension Analyst works in a team environment and acts as a senior pension, actuarial and technical resource who is responsible for accurate reviews and outputs in compliance with plan rules, legislative requirements, and internal practices. A Senior Pension Analyst also works with the team to meet client deliverables within deadlines.
The Senior Pension Analyst will:- Review Defined Benefit (DB) and Defined Contribution (DC) pension entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, actuarial assumptions, government legislation requirements and current service standards.
- Review monthly bulk authorization payment files for review by team using data extracts from case management system and database.
- Maintain accurate and up-to-date records for members and client, including daily updates, disability credits and monthly forfeited benefits.
- Reconcile and validate database on an ongoing basis.
- Produce client and team administrative reports with use of data extracts in Excel.
- Participate in yearend activities, including data updates, validations, reconciliations, annual pension statements, fillings, and peer reviews.
- Prepare and review valuation data and coordinate with Third-Party Actuary to complete process.
- Lead team project work.
- Maintain and troubleshoot administrative macros/tools, Microsoft Excel calculators and Word Merge templates.
- Assist in technical training of administrative team.
- Support administration team with actuarial concepts and plan text interpretations.
- Work with IT department and administration team to develop, implement and test database enhancements.
- Participate in analysis and implementations of new clients.
- Expert-level understanding of pension administration and actuarial concepts related to DB entitlements.
- Expert-level skill in Excel (must be able to build, analyze, troubleshoot, and resolve issues independently).
- Intermediate knowledge of MS Word-Merge.
- Familiarity with Visual Basics preferred.
- Strong mathematical and analytical abilities.
- Strong organizational skills.
- Excellent attention to detail.
- Strong communication skills, written and oral.
- Excellent work ethic and accountability.
- Works well with others.
- Bachelor’s degree in business, computer science or mathematics preferred.
- ASA designation and/or DB pension actuarial background preferred.
- 5-8 years of pension administration, analyst, and/or implementation experience.
- Learn by working alongside our experts
- Extended health care and dental benefits
- A retirement savings plan with company contributions
- A suite of Health & Wellness offerings
- Mental Health programs and support for you and your family
- Assistance for the completion of industry designations
- Competitive compensation
At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.
About BPA:
BPA is a division of People Corporation and has served members and beneficiaries in their local communities since 1958. BPA is dedicated to providing a superior benefits experience to our members, businesses, and trusts in the local communities in which they live and operate.
Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employeehas the opportunity toreach their potential. If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com
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