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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.

We are committed to creating a workplace that is inclusive, diverse, and respectful. We believe that our differences are what make us stronger, and we are dedicated to fostering an environment where everyone feels valued, supported, and empowered to succeed.