Senior Pension Administration Associate
3 weeks ago
Senior Associate - Pension Administration
Are you ready to take the next step in your career with a leading global firm in professional services? This position offers a unique opportunity for growth.
We are looking for a dedicated, motivated, and detail-oriented professional to become a vital part of our Pension Administration division.
This role provides a hybrid work environment, allowing flexibility to operate both remotely and from our office.
Applicants must possess legal authorization to work in Canada. This position does not qualify for sponsorship, and we are unable to assist with visa or work permit applications.
Aon is committed to making informed decisionsAt Aon, we are dedicated to enhancing decisions that safeguard and enrich lives globally.
As a unified organization, we embrace trust and inclusivity, and we are passionate about empowering our colleagues and clients to thrive.
Key ResponsibilitiesThe Senior Associate will ensure exceptional service delivery for Defined Benefit Pension clients, requiring proficiency in various operational functions to maintain the seamless functioning of our clients' pension plans.
- Calculate, review, and authorize benefit entitlements for retirement, termination, death, and marriage breakdown;
- Conduct year-end updates of plan records, including reconciling membership, contributions, and trust funds;
- Calculate and review PAs, PSPAs, and PARs, preparing necessary filing forms;
- Prepare and review annual pension statements;
- Interpret pension plan texts accurately;
- Oversee quality control of year-end data input and verify computer outputs;
- Communicate with clients regarding data, administration, and pension plan text interpretation;
- Prepare, review, and file government forms, including Annual Information Returns and Form 7;
- Monitor team progress and collaborate 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 needs;
- Contribute to 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 accurate client records;
- Perform additional duties as required.
- Minimum of 2 years of experience with Defined Benefit pension plans is preferred;
- Educational background in Mathematics, Statistics, Actuarial Sciences, or Finance is preferred;
- Experience in reviewing calculations and year-end tasks (PAs, Indexation, Annual Statements, etc.);
- Familiarity with 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;
- Experience with pension administration systems, strong spreadsheet skills, and mathematical aptitude are essential;
- Detail-oriented with solid organizational skills in pension administration;
- Proficient in advanced Excel and knowledgeable in Word;
- Client-focused attitude;
- Additional qualifications such as a relevant degree and completion of CEBS, PPAC, CHRP, or actuarial courses are advantageous.
Alongside a comprehensive benefits package, we promote a diverse workforce. Our flexible, inclusive environment enables you to prioritize your wellbeing and work-life balance, allowing you to excel at Aon. All colleagues benefit from two "Global Wellbeing Days" each year, encouraging personal time.
Our culture of continuous learning inspires and equips you to grow, share, and develop, helping you reach your full 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.
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