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Senior Pension Administration Associate
2 months ago
Senior Associate - Pension Administration
Are you seeking a chance to become part of a global leader in professional services? This opportunity may be the right fit for you.
We are looking for a dedicated, motivated, and career-oriented individual to join our Pension Administration division.
This position offers a hybrid work model, allowing flexibility to operate both remotely and from our office.
Applicants must possess legal authorization to work in Canada. This role does not qualify for sponsorship, and we are unable to provide sponsorship for an employment visa or work permit.
Aon is dedicated to making better decisionsAt Aon, we influence decisions positively to safeguard and enhance the lives of individuals globally.
As a unified organization, we thrive on trust as one inclusive and diverse team, passionate about fostering success for our colleagues and clients.
Key ResponsibilitiesThe Senior Associate is accountable for delivering high-quality service to Defined Benefit Pension clients and must be capable of executing all necessary functions to ensure the seamless operation of our clients' pension plans.
- Calculate, review, and authorize benefit entitlements related to retirement, termination, death, and marriage breakdown;
- Conduct year-end updates of plan records, including membership, contributions, and trust fund reconciliations;
- Calculate and review PAs, PSPAs, and PARs, and prepare the necessary filing forms;
- Prepare and review annual pension statements;
- Interpret pension plan texts;
- Ensure quality control of year-end data input and verify computer outputs;
- Communicate with clients regarding data, administration, and interpretation of pension plan texts;
- Prepare, review, and file government forms including Annual Information Return, Form 7, and PBGF forms;
- Monitor team progress and coordinate with various departments to ensure timely service delivery;
- Assist in setting up and testing systems for new and existing clients based on plan provisions and administrative requirements;
- Support the development and maintenance of standard operating procedures;
- Respond to member inquiries and facilitate requests;
- Participate in client meetings in a technical support capacity;
- Liaise with trust companies and plan auditors;
- Maintain client records; and
- Perform other duties as required.
- Minimum of 2 years of experience working with Defined Benefit pension plans is preferred;
- Educational background in Mathematics, Statistics, Actuarial Sciences, or Finance is preferred;
- Prior experience in reviewing calculations and year-end tasks (PAs, Indexation, Annual Statements, etc.);
- Knowledge of relevant provincial and federal pension legislation and Income Tax Act provisions;
- Bilingual in French and English is required due to frequent interactions with clients and colleagues across Canada and internationally;
- Experience with pension administration systems, strong spreadsheet skills, and mathematical aptitude are essential;
- Detail-oriented with strong organizational skills in pension administration;
- Proficient in advanced Excel and knowledgeable in Word;
- Client-service oriented;
- Additional assets include a relevant degree and completion of CEBS, PPAC, CHRP, or actuarial courses.
Alongside our comprehensive benefits package, we promote a diverse workforce. Our agile and inclusive environment allows you to manage your well-being and work-life balance, ensuring you can perform at your best. Additionally, all colleagues benefit from two "Global Wellbeing Days" each year, encouraging personal time. We offer various working style solutions, recognizing that flexibility extends beyond just the workplace.
Our culture of continuous learning inspires and equips you to learn, share, and grow, helping you reach your fullest potential. At Aon, you will feel more connected, relevant, and valued.
Aon values an innovative and diverse workplace where all colleagues are empowered to be their authentic selves. We are proud to be an equal opportunity employer.
