Pension Administration Specialist
4 weeks ago
We are seeking a highly skilled and motivated Senior Associate to join our Pension Administration team. As a key member of our team, you will be responsible for delivering high-quality service to our Defined Benefit Pension clients.
Key Responsibilities- Calculate and authorize benefit entitlements on retirement, termination, death, and marriage breakdown;
- Year-end update of plan records, including the reconciliation of membership, contributions, and trust fund;
- 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;
- Assist with the set-up and testing of the system for new and existing clients according to plan provisions and administrative requirements;
- Attend client meetings in a technical support role;
- Minimum of 2 years working with Defined Benefit pension plans preferred;
- Previous work experience in reviewing calculations and year-end tasks (PAs, Indexation, Annual Statements, etc.);
- Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
- French/English bilingualism required due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces, and/or internationally;
- Experience with pension administration systems, strong spreadsheet competencies, and math aptitude required;
- Detail-oriented with sound pension administration and organizational skills;
- Advanced Excel and a thorough knowledge of Word;
- Other assets include a relevant degree and the completion of CEBS, PPAC, CHRP, or actuarial courses.
Aon Hewitt is a global leader in the professional services space. We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.
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