Senior Pension Associate, Defined Benefit

3 weeks ago


Toronto, Canada Aon Full time

Senior Associate - Pension AdministrationAre you looking for an opportunity to join a global leader in the professional services space? This could be the opportunity for you We are in search of a motivated, diligent, and career-minded individual to join our Pension Administration team. Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit. Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed. What the day will look like The Senior Associate will be responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;Preparation and review of annual pension statements;Read and interpret pension plan texts;Quality control of year-end data input and verification of computer output;Communication with clients regarding data, administration, and interpretation of pension plan text;Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;Track team progress and coordinate with various departments to ensure service delivered on time;Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;Assist with the development/maintenance of standard operation procedures;Respond to member calls and facilitate requests;Attend client meetings in a technical support role;Liaise with trust company and plan auditors;Maintenance of client records; andOther duties as required..How this opportunity is different As part of a market-leading team, you will contribute to the creation of concrete results for our clients by applying innovative and effective solutions to support the pension administration team. Skills and experience that will lead to success 2+ years working with Defined Benefit pension plans preferred;Education in Math, Statistics, Actuarial Sciences and Finance;Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;Oral and written communication skills and ability to work in a team environment;Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;Thorough with sound pension administration and organizational skills;Advanced Excel and a thorough knowledge of Word;Client-service approach; andOther assets include knowledge of the French language, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.How we support our colleagues In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions for our colleagues as well.  Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.  Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.  #LI-RC2#LI-Hybrid  2563039



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