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Pension Calculations Specialist
2 months ago
About Pacific Blue Cross
Pacific Blue Cross is a leading benefits provider in British Columbia, offering health, dental, life, disability, and travel coverage to 1 in 3 British Columbians. We are an independent, not-for-profit society with strong roots in BC's health care system.
We are seeking a highly skilled Pension Calculations Specialist to join our team. As a key member of our D.A. Townley team, you will provide complex technical analysis and pension calculations services for members of our administered pension plans.
Key Responsibilities
- Reconcile pension payments, lump sum payouts, and transfers against custodial pension registers and financial statements.
- Determine eligibility for transfer deficiency payments and prepare information packages.
- Calculate pension adjustment (PA)/pension adjustment reversal (PAR) amounts and report to plan custodians.
- Prepare year-end pension reconciliations and contributor statements.
- Calculate annual cost of living adjustments for pensioners and forward required adjustments to plan custodians.
- Prepare data for tri-annual actuarial valuation and reconcile membership, hours, contributions, and pension benefits.
Requirements
- 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.
- Demonstrated mathematical skills and critical thinking skills.
What We Offer
- A competitive salary and benefits package.
- A hybrid work environment with flexible working hours.
- Opportunities for professional growth and development.
How to Apply
Please submit your application, including your resume and cover letter, to [insert contact information].
