Benefits Administration Specialist

1 week ago

Toronto, Ontario, Canada NielsenIQ Full time
About NielsenIQ

NielsenIQ is a leading consumer intelligence company that delivers comprehensive understanding of consumer buying behavior, revealing new pathways to growth. The company combines advanced analytics through state-of-the-art platforms with holistic retail read and the most extensive consumer insights.

Job Overview

We are seeking a Benefits Administration Specialist to join our team in CANADA. As a key member of our benefits administration team, you will be responsible for the day-to-day administration of Canadian retirement plans and benefit plans. This role will support initiatives related to DC pension/RRSP/TFSA plan management and administration, including reconciling and submitting payroll contribution files and demographic data files to service providers.

Responsibilities
  • Retirement Plans: Support compliance-related activities such as annual pension audit, regulatory filings, and pension committee meetings. Coordinate DB pension activities with service providers, including preparation of terminated member settlement option packages, annual plan member statements, annual pensioner indexing adjustments, quarterly PAR filings, as well as payment set-up for new pensioners, and transfer of pension benefits for terminated members.
  • Benefits Plans: Support annual benefit plan renewal, biennial healthcare/dental plan re-enrolment, new member enrolments, member terminations, member coverage changes, member premium deduction set-up/changes through payroll, and payment of monthly service provider invoices.
  • Leave of Absences: Communicate leave of absence process with employees and their managers when a leave is requested. Track start date and end date of leaves. Update leave status in Workday and inform Payroll of impact to employees' pay. For disability leaves, partner with service provider to ensure accurate data, clear employee communication, and excellent service to employees on leave.
  • Communications: Prepare communication materials as needed, including periodic newsletters; post Canada benefits information and benefit booklets on the company intranet site.
Requirements
  • Post-secondary degree.
  • 4+ years of experience in supporting the administration of benefit plans, including retirement plan administration, annual and other periodic audits, partnering with vendors, leave of absence processes and communications, and educating employees on company benefits and services.
  • Strong Excel and analytical skills and a proven track record of using Excel to analyze and compare datasets and identify discrepancies.
  • Understanding of Employment Standards Administration, pension legislation, compliance, and other related regulations.
  • Superior attention to detail and focus on accuracy.
  • Proven ability to take initiative, resolve problems, and drive execution of deliverables.
  • Ability to prioritize work and adjust priorities as needed, with strong organizational and follow-up skills.
  • Ability to work with and maintain confidential information.
Benefits
  • Flexible working environment.
  • Volunteer time off.
  • LinkedIn Learning.
  • Employee-Assistance-Program (EAP).

Estimated Salary Range: $80,000 - $110,000 per annum, depending on qualifications and experience.

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