Total Rewards Specialist

4 weeks ago

Toronto, Canada Lead Search Group Inc. Full time

We are recruiting for a Total Rewards Specialist (1 year contract) to join our client in Toronto Reporting to a Senior Manager, this role will play a critical role in organization and work as a key member of the HR team. The successful candidate will be responsible for administering the organization's Pension and Benefits programs, and will demonstrate a high level of professionalism, composure, flexibility, and confidentiality.


Key Responsibilities:

  • Collaborate with the HR team to achieve strategic priorities and provide integrated HR solutions


Pension Administration

  • Manage member enrolments, retirement, leave, employment status changes, terminations, etc.
  • Track plan membership information and update the pension plan custodian of changes.
  • Calculate annual Pension Adjustment calculations annually.
  • Maintain member personal data in Dayforce for pension administration.
  • Assist in compiling information for the annual pension financial statement audit.
  • Assemble and distribute annual statements and other information to pension members.
  • Provide support to Finance regarding pension administration.
  • Track staff reaching age 65 and 71 and those on LTD eligible for pension.
  • Coordinate with CAAT and life insurance/benefits providers upon a retiree's death.
  • Assist in preparing material for annual pension statements.


Benefits Administration

  • Administer current Group Benefits enrolments, changes, and terminations.
  • Ensure benefit rates in HRIS are current, and accurately calculate benefit deductions.
  • Prepare monthly reconciliations and remittances for benefit providers.
  • Use HRIS to monitor retirement dates and contract terms.
  • Calculate benefits for new hires, salary changes, leave, etc.
  • Communicate with Benefit Providers regarding employee coverage changes and personal information updates.
  • Assist employees with benefit plan cost inquiries and changes to their information/coverage.
  • Investigate and respond to inquiries from benefit providers.
  • Administer Post-Retirement Benefits.
  • Process group benefits monthly billing.
  • Report earnings to insurance carriers for employees on LTD
  • Assist retirees with changes in plan coverage.
  • Provide annual medical benefits information to retirees for tax purposes.


Additional Responsibilities:

  • Identify continuous improvement opportunities.
  • Provide administrative support for special projects as needed.
  • Represent the department on committees.
  • Perform other duties as required.


Qualifications:

  • Bachelor’s Degree in Business Administration, Commerce (or related field OR equivalent education and experience).
  • 5+ years of related experience in pension and benefits administration.
  • Experience with Defined Benefit pension plans.
  • CEBS and/or PPAC certification would be an asset.
  • Strong attention to detail and organizational skills.
  • Excellent interpersonal, oral, and written communication skills.
  • Ability to handle confidential information with discretion.
  • Proficiency in Microsoft Office applications and HR systems.
  • French language skills considered an asset.

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