Pension Administration Specialist

4 weeks ago

Montreal, Quebec, Canada Aon Hewitt Full time
Pension Administration Specialist

We are seeking a highly skilled Pension Administration Specialist to join our team at Aon Hewitt. As a key member of our pension administration team, you will be responsible for delivering high-quality service to our clients, ensuring the efficient operation of their pension plan arrangements.

Key Responsibilities:
  • Calculate and authorize benefit entitlements on retirement, termination, death, and marriage breakdown
  • Year-end update of plan records, including reconciliation of membership, contributions, and trust fund
  • Calculation and review of PAs, PSPAs, and PARs, and preparation of applicable filing forms
  • Preparation and review of annual pension statements
  • Read and interpret pension plan texts
  • Quality control of year-end data input and verification of computer output
  • Communication with clients regarding data, administration, and interpretation of pension plan text
  • Preparation, review, and filing of government forms, including Annual Information Return, Form 7, and PBGF forms
  • Track team progress and coordinate with various departments to ensure service delivered on time
  • Assist with the set-up and testing of the system for new and existing clients according to plan provisions and administrative requirements
  • Assist with the development/maintenance of standard operation procedures
  • Respond to member calls and facilitate requests
  • Attend client meetings in a technical support role
  • Liaise with trust company and plan auditors
  • Maintenance of client records
Requirements:
  • Minimum of 2 years working with Defined Benefit pension plans preferred
  • Preferred education in Math, Statistics, Actuarial Sciences, and Finance
  • 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
  • French/English 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
  • Client-service attitude
  • Other assets include a relevant degree and the completion of CEBS, PPAC, CHRP, or actuarial courses
About Aon Hewitt:

Aon Hewitt is a global leader in the professional services space, dedicated to shaping decisions for the better to protect and enrich the lives of people around the world. We are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

We offer a comprehensive benefits package, encourage a diverse workforce, and provide a continuous learning culture that inspires and equips you to learn, share, and grow. We also recognize the importance of work-life balance and offer flexible working arrangements to support your wellbeing.

Aon Hewitt is proud to be an equal opportunity workplace and values an innovative, diverse environment where all colleagues feel empowered to be their authentic selves.

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