Analyst, Pension Plans

**Job Type**:
Employee

**Duration in Months**(for fixed-term jobs):
N/A

**Job Family**:
Total Compensation

**# of Open Positions**:
1

**Faculty/Service - Department**:
Pensions

**Campus**:
Main Campus

**Union Affiliation**:
N/A

**Date Posted**:
April 14, 2025

**Applications must be received**BEFORE**:
April 28, 2025

**Hours per week**:
35

**Salary Grade**:
Non-Union Grade NC6 - 35 hrs

**Salary Range**:
$73,178.00 - $90,821.00

About Human Resources

Our Human Resources team is recognized for its collaboration and service excellence. Through the development of strategic partnerships, our dynamic team supports uOttawa’s vision and strategic plan by creating and delivering high-quality, innovative, and client-centered HR programs and services. Our focus is to attract, develop, retain, and inspire a talented, diverse, healthy, and engaged workforce. If you want to be part of an impactful team, work in a rewarding and enriching environment and have an innovative mindset, our HR team is the place where you belong

**Position purpose**:
Reporting to the Manager, Pension Plans, the incumbent is responsible for calculating retirement benefits, pension monthly payment activations and generating other reports or statements pertaining to pension plan administration.

Provides information to plan members about their rights and responsibilities with respect to the pension plan and responds to inquiries or complaints. Produces and analyses the monthly benefit payments, year-end reconciliations, and prepares information for the financial statements for approval by the Pension Plans Team Leader and for wider use by other members of the pension team in their functions.

Prepares and submits all monthly payment and lump sum payment authorizations to the Plan Trustee and prepares analysis and financial reports or statements pertaining to pension plan administration.

Ensures effective administration of pension plan enrolment in accordance with the Pension Plan text, collective agreements, administrative policies and related legislation and regulations.

Provides a high level of customer service with diplomacy, compassion, tact, efficiency and flexibility in order to better serve the needs of a challenging clientele.

Supports various projects, initiatives, and daily and annual activities of the pension sector by ensuring that the necessary information, materials, logístical details and records are accurate and timely.

**In this role, your responsibilities will include**:
**Pension Plan Administrative system (pension payment interfaces and retired members’ information)**:

- Responsible to prepare and complete all transaction activities relating to monthly payment requests and ensures accurate processing of monthly interfaces with the Pension Plan Trustee, in accordance with strict legislated deadlines, established service standards, procedures and policies.
- Administers, analyses and controls change to pension data and personal information pertaining to retirees and survivors/beneficiaries’ life events (marriage, marriage breakdown, death, dependent child, etc.). Communicates changes and/or corrections to the Plan Trustee in a timely manner.
- Identifies irregularities, technical issues, systemic problems and addresses or escalates issues by working in close collaboration with the Senior pension specialists and the Pension management system Administrator.

**Pension Plan Administration - Retirement and death benefits and retirees’ group insurance coverage**:

- Calculates retirement pension benefit entitlements and prepares statements resulting from various events that may contain complex mathematical calculations (retirement, death, divorce, transfer, etc.) in accordance with the Pension Plan text, Pension Regulations, and Tax Legislation, for all members of the pension plan. financial institutions..
- Determines eligibility and calculates death and survivor pension benefits.
- Calculates and administers retired members Life Insurance.

**Administer enrolment**:

- Confirms and processes employee’s enrolment.

**Administrative support**:

- Provides to operational needs and a high level of customer service with members, employers, insurance carriers and pension trustee regarding pension and benefit entitlements, administration procedures or interpretations of plan provisions.
- Revises and maintains an effective procedures and records management system to preserve the confidentiality of the records in compliance with applicable privacy laws (FIPPA) and University policies and procedures.
- Controls data accuracy by performing various audits, reconciliations, and quality control checks to detect any anomalies that may result in financial repercussions for members, the pension plans and/or the credibility of the University.

**What you will bring**:

- Knowledge and experience relating to defined benefit pension plans and defined contribution pension plans, human resources administration, group benefits administra