Pension Administration
5 days ago
Job Description For Posting
At Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally - regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here.
Pension Administration Specialist
**What can you expect?**
- Opportunity to work in a team environment as part of Mercer’s pension administration Client Services.
- You will provide high quality administration service to a portfolio of clients, demonstrating outstanding and timely customer service in all dealings with client contacts.
**What is in it for you?**
- A company with a strong brand and strong results to match
- Culture of internal mobility, collaboration and valued partnership with HR from the business
- Employee Resource Groups which provide connections to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
**We will count on you to**:
- Calculate pension benefits and prepare statements resulting from various events (termination of employment, retirement, death, divorce, transfer, etc.);
- Update client's database (data request and validation, use of various systems/databases, data processing and accrual of benefits and other pertinent information, reconciliation of membership, etc.);
- Prepare annual statements for plan members;
- Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA);
- Understand the provisions of the plans and the various applicable laws;
- Create or modify calculation programs in order to respect the provisions of the relevant plans, laws, and administrative procedures.
**What you need to have**:
- Bachelor's degree in actuarial sciences, mathematics, administration, or another related field
- Strong analytical and organization skills with high attention to detail
- Excellent written and oral communication skills
- Proficient with Microsoft Office Suite, particularly Excel and Word
**What makes you stand out**:
- Work experience with defined benefit pension plans is a strong asset
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.
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