Pension Administration Expert

6 days ago

Montreal, Quebec, Canada Aon Hewitt Full time

As a Pension Administration Expert at Aon Hewitt, you will contribute to the creation of concrete results for our clients by applying innovative and effective solutions to support the pension administration team.

The estimated salary range for this role is $60,000 - $80,000 per year, depending on experience and qualifications.

Job Description

The Senior Associate is responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.

  • Pension Plan Operations: Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
  • Year-End Updates: Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
  • Annual Statements: Preparation and review of annual pension statements;
  • Pension Plan Text Interpretation: Read and interpret pension plan texts;
  • Data Quality Control: Quality control of year-end data input and verification of computer output;
  • Client Communication: Communication with clients regarding data, administration, and interpretation of pension plan text;
  • System Setup and Testing: Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
  • Technical Support: Attend client meeting in technical support role;
Required Skills and Qualifications

To succeed in this role, you will need:

  • Minimum 2 years working with Defined Benefit pension plans preferred;
  • Previous work experience in reviewing calculations and year-end tasks (PAs, Indexation, Annual Statements, etc.);
  • Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
  • Bilingualism required due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally;
  • Experience with pension administration systems, strong spreadsheet competencies and math aptitude required;
  • Detail-oriented with sound pension administration and organizational skills;
  • Advanced Excel and a thorough knowledge of Word;
  • Other assets include a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.
Benefits

Aon Hewitt offers a competitive benefits package that includes:

  • Medical and Dental Coverage for you and your family;
  • Retirement Savings Plan with employer matching contributions;
  • Generous Time Off policy allowing you to recharge and maintain a healthy work-life balance;
  • Ongoing Professional Development opportunities to enhance your skills and career prospects;
  • Diverse and Inclusive Workplace Culture where everyone is valued and respected.

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