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Pension Administration Manager

1 month ago

Ottawa, Ontario, Canada Scotiabank Full time
Job Overview

This role is responsible for the overall success of the Medicus Pension Plan by managing pension administration services, ensuring specific goals and plans are executed to support business strategies and objectives.

About Scotiabank

Scotiabank provides banking and credit products and services. The Medicus Pension PlanTM is a trademark of The Bank of Nova Scotia (Scotiabank), used under licence.

Key Responsibilities:
  • Support day-to-day administration of pension benefits for members of the Plan.
  • Work closely with the third-party pension administrator to manage member data and support services.
  • Understand and document processes, including developing job aids and training materials, to ensure administrative tasks are performed efficiently and accurately.
  • Facilitate sessions between Medicus leadership and the third-party pension administrator to elicit requirements and solution options.
  • Ensure all processes follow established protocols and regulatory guidelines while seeking opportunities for operational improvements.
Requirements:
  • Undergraduate university degree with at least 5 years' experience in pension benefit administration or other highly analytical position.
  • Strong mathematical aptitude and analytical skills.
  • Strong Microsoft Excel, Word, and PowerPoint skills. Experience with Salesforce and/or OneSpan would be an asset.
  • Strong interpersonal and communication skills, both written and oral, with demonstrated expertise in interacting with all levels of management.
  • Demonstrate effective time management and priority setting skills.
  • Demonstrate sound judgment, flexibility, resourcefulness, and problem-solving capabilities.
Estimated Salary: $85,000 - $110,000 per year

This salary range is based on industry standards and location (Toronto or Ottawa, Canada). The actual salary may vary depending on individual qualifications and experience.