Pension Calculations Specialist
2 weeks ago
Pacific Blue Cross is a leading benefits provider in British Columbia, with a strong commitment to keeping healthcare sustainable for all British Columbians. As a not-for-profit society, we have been serving the community for over 80 years, providing health, dental, life, disability, and travel coverage to 1 in 3 British Columbians through employee group plans and individual plans.
Job SummaryWe are seeking a highly skilled Pension Calculations Specialist to join our team at Pacific Blue Cross. As a key member of our D.A. Townley team, you will be responsible for providing complex technical analysis and pension calculations services for members of our administered pension plans. Your expertise will be essential in ensuring the accuracy and efficiency of our pension administration processes.
Key Responsibilities- Provide complex technical analysis and pension calculations services for members of our administered pension plans.
- Reconcile pension payments, lump sum payouts, and transfers against the custodial pension registers and financial statements.
- Determine eligibility for transfer deficiency payments and prepare information packages for members.
- Calculate pension adjustment (PA)/pension adjustment reversal (PAR) amounts and report to plan custodians.
- Prepare year-end pension reconciliations and generate contributor statements of status and amounts paid into the plan.
- Calculate annual cost of living adjustments for pensioners and forward required adjustments to the plan custodian.
- Prepare data for tri-annual actuarial valuation and reconcile membership, hours, contributions, and pension benefits since the last valuation.
- Completion of a bachelor's degree in Actuarial Sciences or an equivalent discipline.
- 2 years of previous related experience in an actuarial or pension administration environment analyzing and producing complex pension calculations.
- Demonstrated mathematical skills and critical thinking skills gained through the successful application of problem-solving methods.
This is a permanent, full-time position with a competitive salary and benefits package. As a member of our team, you will have the opportunity to work in a dynamic and supportive environment, with a focus on delivering exceptional service to our members.
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Pension Calculations Specialist
2 days ago
Burnaby, British Columbia, Canada Pacific Blue Cross Full timeAbout Pacific Blue CrossPacific Blue Cross is a leading benefits provider in British Columbia, dedicated to keeping health care sustainable for all British Columbians. With over 80 years of experience, we provide health, dental, life, disability, and travel coverage to 1 in 3 British Columbians through employee group plans and individual plans.Job SummaryWe...
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Pension Calculations Specialist
2 days ago
Burnaby, British Columbia, Canada Pacific Blue Cross Full timeAbout Pacific Blue CrossPacific Blue Cross is a leading benefits provider in British Columbia, dedicated to keeping health care sustainable for all British Columbians. With over 80 years of experience, we provide health, dental, life, disability, and travel coverage to 1 in 3 British Columbians through employee group plans and individual plans.Job SummaryWe...
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Burnaby, British Columbia, Canada Pacific Blue Cross Full timeAbout Pacific Blue CrossPacific Blue Cross is a leading benefits provider in British Columbia, dedicated to keeping health care sustainable for all British Columbians. With a strong commitment to making a difference, we're seeking a skilled Pension Calculations Specialist to join our team.Job SummaryAs a Pension Calculations Specialist, you will provide...
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Burnaby, British Columbia, Canada Pacific Blue Cross Full timeAbout Pacific Blue CrossPacific Blue Cross is a leading benefits provider in British Columbia, with a strong commitment to keeping healthcare sustainable for all British Columbians. As a not-for-profit society, we have been serving the community for over 80 years, providing health, dental, life, disability, and travel coverage to 1 in 3 British Columbians...
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Pension Calculations Specialist
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Burnaby, British Columbia, Canada Pacific Blue Cross Full timeAbout Pacific Blue CrossPacific Blue Cross is a leading benefits provider in British Columbia, with a strong commitment to keeping healthcare sustainable for all British Columbians. As a not-for-profit society, we have been serving the community for over 80 years, providing health, dental, life, disability, and travel coverage to 1 in 3 British Columbians...
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