Pension Administration Specialist
2 months ago
About the Role
This is a hybrid role with the flexibility to work both virtually and from our office.
We are seeking a highly motivated and diligent individual to join our team as a Defined Benefit Pension Administration Associate.
Key Responsibilities
- Calculate benefit entitlements on retirement, termination, death, and marriage breakdown;
- Conduct calculations on PAs, PSPAs, and PARs and preparation of applicable filing forms;
- Prepare indexation and annual pension statements;
- Perform year-end update of plan records, including the reconciliation of the membership, contributions, and trust fund;
- Prepare government forms, including Annual Information Return, Form 7, and PBGF forms;
- Assist with testing the pension system for new and existing clients according to the plan provisions and administrative requirements;
- Assist with maintaining standard operation procedures;
- Respond to member calls and facilitate requests;
- Maintenance of 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 demeanor;
- 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 passionate about helping our colleagues and clients succeed.
We offer a comprehensive benefits package, a diverse workforce, and an agile, inclusive environment that allows you to manage your wellbeing and work/life balance.
We recognize that flexibility goes beyond just the place of work, and we offer a variety of working style solutions.
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