Director, Pension and Benefits
3 weeks ago
Organization: Toronto Metropolitan University
About the RoleWe are seeking an experienced and strategic Director, Pension and Benefits to lead the administration and management of our defined benefit (DB) pension plan and group benefit programs. This pivotal leadership role involves overseeing the development, implementation, and management of policies and procedures that ensure our pension plans—both registered and non-registered—along with group benefits, are administered efficiently and in strict compliance with legal and contractual obligations.
Key Responsibilities- Manage day-to-day pension and benefits plan administration, including monitoring plan performance, vendor management, contract negotiation, and regulatory compliance.
- Develop and implement pension and benefits policies, and procedures in accordance with regulatory requirements, industry best practices, and organizational objectives.
- Develop a high-performing Pension & Benefits team, fostering a culture of trust, accountability, collaboration, and results-oriented delivery.
- Develop and execute comprehensive short to long term strategies for the university's benefits programs aligned with the university's objectives and support union collective agreements.
- Lead the design, evaluation, and modification of benefit plans to ensure market competitiveness, cost-effectiveness, meet employee needs, and align with compliance requirements and collective agreements.
- Ensure that all regulatory requirements related to the pension plan are complied with, including annual actuarial valuations, regulatory filings, cost certificates, plan amendments and member statements.
- Collaborate with internal and external partners to streamline processes and leverage technology, enhancing service delivery efficiency and improving the employee and pensioner experience.
- Provide strategic advice, guidance and recommendations to senior management and stakeholders on pension and benefits related developments, best practices, trends and potential issues.
- Collaborate with external advisors and consultants to develop and coordinate materials for internal stakeholder pension committee and the board pension committee, in ensuring pension governance and approvals are obtained as needed.
- Participate in arbitration as related to pension and benefits, and ensure compliance with applicable laws and regulations and university principles.
- Bachelor's Degree in Commerce, Business Administration or related fields.
- Seven (7) years of progressive relevant work experience managing a defined benefit pension and benefits function, including administration, policy development and pension administration system changes and implementation, with a demonstrated track record of success in a complex environment.
- Minimum five (5) years of people management experience, with a proven ability to lead and create a high-performing team environment focused on achieving outstanding results while motivating and developing team members.
- Certification in Pension and Benefits (CEBS or equivalent).
- Strong working knowledge of current pension and benefits legislation, regulations, compliance, and industry best practices.
- Understanding of the pension & benefits implications to collective agreements, and experience supporting the bargaining process, unions and negotiations, relevant to pension & benefits.
- Proven experience in managing pension stakeholder committees.
- Exceptional interpersonal and influencing skills to build strong relationships and collaborate effectively with diverse internal & external stakeholders across all levels.
- Excellent (oral/written) communication and presentation skills, with the ability to effectively convey complex information to a variety of stakeholders.
- Analytical skills to review and analyze complex data and information.
- High level of professionalism, integrity, and confidentiality. Ability to handle sensitive information with discretion.
- Proficiency in common office applications (e.g., Google Suite, Excel). Experience with HRIS or other relevant software (e.g., PeopleSoft and Service Now) is a plus.
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Director, Pension and Benefits
1 month ago
Toronto, Ontario, Canada Organization: Toronto Metropolitan University Full timeJob Title: Director, Pension and BenefitsOrganization: Toronto Metropolitan UniversityWe are seeking an experienced and strategic Director, Pension and Benefits to lead the administration and management of our defined benefit (DB) pension plan and group benefit programs.Key Responsibilities:Oversee the development, implementation, and management of policies...
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Director of Pension and Benefits
3 weeks ago
Toronto, Ontario, Canada Organization: Toronto Metropolitan University Full timeJob Title: Director of Pension and BenefitsOrganization: Toronto Metropolitan UniversityWe are seeking an experienced and strategic Director, Pension and Benefits to lead the administration and management of our defined benefit (DB) pension plan and group benefit programs.Key Responsibilities:Oversee the development, implementation, and management of...
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1 month ago
Toronto, Ontario, Canada Organization: Toronto Metropolitan University Full timeJob Title: Director, Pension and BenefitsOrganization: Toronto Metropolitan UniversityWe are seeking an experienced and strategic Director, Pension and Benefits to lead the administration and management of our defined benefit (DB) pension plan and group benefit programs.Key Responsibilities:Oversee the development, implementation, and management of policies...
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Toronto, Ontario, Canada Organization: Toronto Metropolitan University Full timeJob Title: Director of Pension and BenefitsOrganization: Toronto Metropolitan UniversityWe are seeking an experienced and strategic Director, Pension and Benefits to lead the administration and management of our defined benefit (DB) pension plan and group benefit programs.Key Responsibilities:Oversee the development, implementation, and management of...
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