Pension Administration Specialist

3 weeks ago

Halifax, Nova Scotia, Canada LifeWorks Full time

LifeWorks is dedicated to empowering individuals to achieve their optimal health and well-being. With a focus on innovation and technology, we are committed to transforming the future of health for everyone. As a leading provider in health and wellness, LifeWorks is enhancing the health outcomes for consumers, patients, healthcare professionals, employers, and employees alike.

Our Retirement Consulting division boasts over 60 years of expertise in pension and savings, actuarial services, compensation, and overall financial wellness consulting and outsourcing. Our mission is to elevate the financial well-being of individuals while strengthening the organizational resilience of employers and fiduciaries. We proudly serve millions of plan participants across Canada, providing unparalleled capabilities to our clients and their workforce.

As a valued member of our Defined Benefits (DB) Administration team, you will collaborate with experts nationwide who are passionate about improving the financial well-being of plan members. Your primary focus will be on administering DB pension plans, utilizing a variety of service models tailored to meet the distinct needs of each client. This role offers a fulfilling opportunity to positively impact the financial health of plan members.

Your Contributions and Impact

In the role of Pension Administration Specialist, you will deliver analytical and administrative support to clients, plan members, and the team. Your responsibilities will encompass a range of pension calculations and administrative initiatives, including Pension Indexation, Pension Adjustments, Valuation Data Extracts, and Annual Statements.

Key Responsibilities
  • Utilize our proprietary administration system and pension databases to conduct data reconciliations, contribution reconciliations, and benefit calculations.
  • Address routine inquiries and requests from clients and plan members.
  • Assist in the preparation of year-end annual pension statements.
  • Collaborate within a team environment, supporting senior team members to deliver quality, client-focused administrative services.
  • Enhance your industry knowledge through participation in internal training sessions.
  • Contribute to special projects and tasks as needed.
Qualifications
  • Recent graduate with a College diploma or Bachelor's degree in business, mathematics, statistics, or a related field.
Skills and Attributes
  • Strong analytical and mathematical abilities.
  • Excellent oral and written communication skills.
  • Proven experience in customer service.
  • Exceptional organizational and time management skills.
  • Proficiency in Microsoft Office.
  • Ability to work both independently and as part of a team.
  • Keen interest in problem-solving and continuous learning.
Preferred Qualifications
  • Coursework in Pension Administration.
  • Bilingual proficiency in English and French.

About Us

At LifeWorks, we are a people-focused, customer-centric, purpose-driven organization that collaborates daily to innovate and create positive change. Our technology solutions enhance lives, and we cultivate a culture of innovation that empowers team members to tackle complex challenges and deliver exceptional outcomes in a digital landscape.

LifeWorks is committed to fostering an inclusive culture that values diversity. We adhere to fair employment practices, ensuring that all qualified applicants receive consideration for employment. We provide accommodations for applicants with disabilities as needed throughout the recruitment process.

Please note that all team members whose roles require access to sensitive information or data centers are subject to a Personnel Security Screening conducted through the appropriate governmental authorities.

The health and safety of our team and communities are paramount at LifeWorks. Therefore, we require all individuals joining our organization to be fully vaccinated against COVID-19.

By applying for this position, you acknowledge and agree that your information will be shared with the LifeWorks Talent Acquisition team and relevant leaders involved in the selection process.

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