Pension Administrator
4 weeks ago
About the Role
We are seeking a highly skilled Pension Administrator to join our team at People Corporation. As a Pension Administrator, you will play a critical role in the administration of client pension plans, ensuring compliance with plan rules, legislative requirements, and internal practices.
Key Responsibilities
- Communicate and coordinate with members, employers, union representatives, actuaries, auditors, custodians, and other third-party representatives regarding benefit entitlements, data, administration procedures, and interpretations of plan provisions.
- Maintain up-to-date records for members and clients.
- Determine entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific plan provisions, government legislation requirements, and current service standards.
- Authorize payment of benefit entitlements and plan expenses from Custodian.
- Participate in year-end activities, including data updates, validations, reconciliations, annual pension statements, and actuarial valuation data.
- Perform reconciliation of monthly contributions postings and reports.
- Prepare and file government forms, including Annual Information Returns, PAs, PARs, etc., as applicable.
- Participate in ad-hoc projects, such as pensioner audits and data cleanups.
- Organize workload to ensure client and regulatory deadlines are met.
- Identify process improvements and work with the team to implement new procedures.
- Mentor junior members of the team.
- Attend client meetings, as applicable.
Requirements
- Excellent organization skills.
- Excellent attention to detail.
- Strong mathematical and analytical abilities.
- Strong communication skills, written and oral.
- Excellent work ethic and accountability.
- Good understanding of actuarial concepts related to pension administration.
- Good understanding of legislative requirements related to pension administration.
What We Offer
- Learn by working alongside our experts.
- Extended health care and dental benefits.
- A retirement savings plan with company contributions.
- A suite of Health & Wellness offerings.
- Mental Health programs and support for you and your family.
- Assistance for the completion of industry designations.
- Competitive compensation.
About People Corporation
We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members, and stakeholders.
About BPA
BPA is a division of People Corporation and has served members and beneficiaries in their local communities since 1958. BPA is dedicated to providing a superior benefits experience to our members, businesses, and trusts in the local communities in which they live and operate.
Our Commitment
We are committed to providing an inclusive, accessible environment, where all employees and clients feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
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