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Pension Administration Associate

2 months ago

Montreal, Quebec, Canada Aon Full time
About the Role

Aon is seeking a highly skilled Pension Administration Associate to join our team. As a key member of our pension administration team, you will be responsible for delivering high-quality service to our Defined Benefit Pension clients.

Key Responsibilities
  • Calculate benefit entitlements on retirement, termination, death, and marriage breakdown
  • Conduct calculations on PAs, PSPAs, and PARs, and prepare applicable filing forms
  • Prepare indexation and annual pension statements
  • Perform year-end updates of plan records, including the reconciliation of membership, contributions, and trust fund
  • Prepare government forms, including Annual Information Return, Form 7, and PBGF forms
  • Assist with testing of the pension system for new and existing clients according to plan provisions and administrative requirements
  • Assist with maintaining standard operation procedures
  • Respond to member calls and facilitate requests
  • Maintain members' records
  • Other duties as required
Requirements
  • Minimum of 1 year working with Defined Benefit pension plans preferred
  • Preferred education in Math, Statistics, Actuarial Sciences, and Finance
  • Previous work experience in calculating complex benefit entitlements on retirement, termination, death, and marriage breakdown
  • Experience in year-end tasks (PAs, PARs, Indexation, Annual Statements, etc.)
  • Calculating and reporting PAs, PSPAs, and PARs
  • Knowledge of related provincial and federal pension legislation and Income Tax Act provisions
  • Good oral and written communication skills and ability to work in a team
  • Experience with pension administration systems, strong spreadsheet competencies, and math proficiency required
  • Meticulous, with sound pension administration and organizational skills
  • Advanced Excel and a thorough knowledge of Word
  • Client-service demeanour
  • Other assets include fluency in French, a relevant degree, and the completion of CEBS, PPAC, CHRP, or actuarial courses
About Aon

Aon is a global leader in pension administration, and we are committed to delivering exceptional service to our clients. We offer a comprehensive benefits package, a diverse workforce, and a flexible work environment that allows you to manage your wellbeing and work/life balance. We are passionate about helping our colleagues and clients succeed, and we are united through trust as one inclusive, diverse team.