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Pension Administration Intern

1 month ago

Toronto, Ontario, Canada Aon Full time

Pension Administration Internship Opportunity

Aon is seeking a highly motivated and detail-oriented individual to join our team as a Pension Administration Intern. As an intern, you will have the opportunity to gain hands-on experience in a dynamic and fast-paced environment, working on a variety of tasks related to pension administration.

Key Responsibilities:

  • Calculate benefit entitlements on retirement, termination, death, and marriage breakdown;
  • Calculate PAs, PSPAs, and PARs and prepare applicable filing forms;
  • Prepare annual pension statements;
  • Year-end update 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;
  • Maintenance of members' records;
  • Other duties as required.

Requirements:

  • Good oral and written communication skills and ability to work in a team environment;
  • Thorough and good organizational skills;
  • Good knowledge of Excel and Word;
  • Previous work experience or actuarial co-op experience in a consulting/insurance environment is an asset;
  • Students should be enrolled in Actuarial Sciences, Mathematics, Statistics, Finance, or Business Administration;
  • Applicants should preferably be in 2nd work term or above.

About Aon:

Aon is a global professional services firm that helps clients make better decisions to protect and enrich the lives of people around the world. We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. 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.