Group Annuity Administration Manager

2 days ago

Mississauga, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

The Group Annuity Administration Manager is responsible for the effective administration of the group annuity business line ensuring adherence to pension plan and contractual requirements. They will work with internal stakeholders, plan sponsors and pension consultants to successfully onboard and implement group annuity deals demonstrating their strong pension background.

**What will you do?**
- Act as Subject Matter Expert on Pension Administration for all activities involving calculations, statements and annuitant questions
- Ensure adherence to regulatory and contractual requirements in partnership with legal, compliance and finance
- Contribute to process improvement initiatives, including testing of system upgrades and documentation of processes and enhancements
- Maintain up-to-date knowledge of pension legislation and lead training on legislative changes and their operational impact
- Support integration and review of new annuity client data and ensure plan provisions are set up appropriately into administration system
- Co-ordinate and participate in kick-off meetings with clients and internal stakeholders and ensure implementation timelines are met

**What will you need to succeed?**
- Minimum 5 years of pension administration/consulting experience
- Strong understanding of pension legislation and commuted value calculations
- Excellent analytical, organizational and communication skills
- Strong data background

**What's in it for you?**
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your career
- Flexible work/life balance options
- RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values - including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives - so you can focus on what you can do best - putting clients first.

**Job Skills**

**Additional Job Details**

**Address**:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

**City**:
MISSISSAUGA

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
INSURANCE

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-06-17

**Application Deadline**:
2025-07-03

**I**nclusion** and Equal Opportunity Employment**

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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