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Pension Advisor

6 months ago

Toronto, Canada Canadian National Railway Full time

At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you’re part of making sure our business is running optimally and safely―helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us

Job Summary

CN sponsors some of the largest corporate DB and DC pension plans in Canada. The Pension Advisor ensures the administration of CN’s Canadian and US Defined Benefit (DB) and Defined Contribution (DC) pension plans and Executive plans (SERP). The incumbent will work closely with the pension managers to ensure that the plans are appropriately administered, governed and kept compliant.

Main Responsibilities
- Responsible for the administration and monitoring of the various pension plans, including review of retirement calculations and oversight of monthly reports and reconciliations and annual processes
- Responsible for regulatory filings
- Provide support during plan audits
- Participate in the governance of all plans
- Coordinate the various pension committees and their agenda
- Support internal stakeholders with respect to pension-related situations
- Act as a resource contact for Senior Management, Executive and/or Cross Border employees
- Ensure that plan documents are up-to-date and in compliance with applicable legislation
- Assist with the management of the resolution of special or complex administration matters

Assist in the management of services and fees of providers such as actuarial consultants, third party administrators and pension trustees
- Collaborate in the development and creation of communication and education strategies for plan participants
- Support team members on special projects and involved in the implementation of changes related to plan design

Working Conditions

The role has standard working conditions in an office environment with a regular workweek[PC1] from Monday to Friday. Due to the nature of the role, the incumbent must be able to meet tight deadlines and handle pressure. The role requires mínimal travel (approximately once per year) in Canada or US.

**Requirements**:
Experience

Specialty Pension Management
- Minimum 5 years of experience in pension administration

Training, certification and designation
- Bachelor’s degree in actuarial science or equivalent
- Associate or fellow of the Society of Actuaries (SOA) and the Canadian Institute of Actuaries*

Competencies
- Follows safety procedures, information security instructions and Environmental, Social and Governance (ESG) principles to lead by example
- Develops solutions that aligns with customers’ expectations to increase satisfaction
- Shares timely information within and across functions to get things done effectively
- Collaborates with key internal stakeholders to enable higher productivity
- Makes informed and timely decisions to get things done
- Attention to detail and ensures proper follow ups
- Applies analytical thinking to make recommendations that pursue sustainable performance
- Deals with pressure and change by staying calm to quickly adapt to changes
- Fluently bilingual both written and verbal (English, French)

Technical Skills/Knowledge
- Knowledge of Microsoft Office : Excel, Word, PowerPoint and Outlook

About CN

CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.