Senior Pension Administrator

3 weeks ago


Mississauga, Ontario, Canada https:www.pcrecruiter.netsitemap Full time
Senior Pension Administrator Job Description

We are seeking a highly skilled Senior Pension Administrator to join our team at People Corporation. As a Senior Pension Administrator, you will play a critical role in the administration of our clients' pension plans, ensuring compliance with plan rules, legislative requirements, and internal practices.

Key Responsibilities:
  • Communicate and coordinate with various stakeholders, including members, employers, union representatives, actuaries, auditors, custodians, and other third-party representatives, regarding benefit entitlements, data, administration procedures, and interpretations of plan provisions.
  • Determine entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific plan provisions, government legislation requirements, and current service standards.
  • Peer review of pension calculation, authorizations, and other documents prepared by junior team members.
  • Participate in year-end activities, including data updates, validations, reconciliations, annual pension statements, and actuarial valuation data.
  • Perform reconciliation of monthly contributions postings and reports.
  • Prepare and file government forms, including Annual Information Returns, PAs, PARs, etc.
  • Participate in ad-hoc projects, such as pensioner audits and data cleanups.
  • Organize workload to ensure client and regulatory deadlines are met.
  • Mentor junior team members.
Requirements:
  • Good understanding of actuarial concepts related to pension administration.
  • Good understanding of legislative requirements related to pension administration.
  • Good understanding of legislative requirements related to pension administration (ITA, PBA, Family Law, PIPEDA).
  • Intermediate to Expert MS Excel skills (formatting, build/interpret pension calculators, data analysis functions).
  • High School Graduation Diploma, Bachelor's degree in business or mathematics preferred.
  • 2+ years of pension administration/analyst experience.

We offer a competitive compensation package, including extended health care and dental benefits, a retirement savings plan with company contributions, and opportunities for professional growth and development.



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