Pension Administration Lead

2 weeks ago

Burnaby, British Columbia, Canada Bilsland Griffith Benefit Administrators Full time

Bilsland Griffith Benefit Administrators is a third party pension and benefit plan administrator based in Burnaby. We work closely with the members and Trustees of negotiated cost pension and benefits plans in delivering superior member service and accurate plan administration.

Our clients, the trustees of health and welfare trusts, defined benefit and defined contribution plans, value our breadth of experience and attention to detail and service in administering their plans.

Our team is made up of pension and benefit administrators, data analysts, accountants, support staff and consultants, focusing on making sure that plan members understand the benefits that have been negotiated on their behalf.

This is a senior position, where the successful candidate will be responsible for the overall administration of various multi-employer pension and benefit plans. As well, they will mentor and review the work of junior administrators ensuring accurate data and calculations are delivered and that all regulatory requirements are satisfied.

Responsibilities will include:

Plan Administration

  • Peer review pension calculations for various multi-employer target benefit, defined benefit and defined contribution plans.
  • Primary peer review on calculations for multiple clients.
  • Expert in FLA calculations for all clients, providing guidance and peer review.
  • Peer review and guidance on all complex, large amount and special case calculations.
  • Create templates for various calculations and update as needed.
  • Assist in preparation of annual filings.
  • Draft member communication from time to time.
  • Be available to meet with members in person / virtually and respond to inquiries and discuss options and answer questions.
  • Assist with plan member calls as needed.
  • Review and drafting member correspondence.
  • Identify opportunities for process efficiencies across all plans.

Leadership

  • Provide leadership to plan administrators for the plans and identify training needs, resourcing needs, mentorship and performance management.
  • Collaborate with management to develop staff and to identify opportunities for business improvement.
  • Cultivate relationships within the pension industry to support business development.
  • Provide backup to Team Leads.

Special Projects

  • Coordinate with team(s) on projects relating to wind-ups, missing member searches and new client implementation
  • Train team(s) as required on matters related to legislative changes, Plan document changes etc.

What We Offer:

  • Competitive Compensation Package
  • Bonus program that rewards performance and contributions to the company's success
  • Flexible Work Arrangement
  • Spend 4 days per week working in our office in British Columbia, fostering collaboration and teamwork.
  • Enjoy 1 day of remote work per week, providing flexibility and work-life balance.
  • Opportunity to work with experienced professionals in a specialized field.
  • Continuous learning and growth opportunities within the company.
  • Collaborative and supportive work environment.
  • Focus on work-life balance and career satisfaction.

Competencies and Skills:

Work Experience

  • Post-secondary education or formal training in actuarial work.
  • At least 5 years' previous experience in the actuarial or pension consulting field OR completion of some actuarial exams

Knowledge, Skills and Abilities

  • Understand and be familiar with pension legislation including Family Law Act and Pension Benefits Standards Act .
  • Demonstrated organizational skills to effectively prioritize workload and meet deadlines.
  • Strong mathematical abilities with the ability to explain complex calculations.
  • Effective interpersonal and organizational skills and the ability to maintain effective working relationships. 
  • Ability to communicate effectively both verbally and in writing. 
  • Ability to handle confidential information with tact and discretion. 
  • Intermediate skills using a variety of computerized software packages such as Microsoft Office Suite (e.g., Excel, Access, PowerPoint, Outlook), related databases and Internet.

Our office is centrally located near the Brentwood Sky Train station for an easy commute from around the Lower Mainland. The successful candidate will be provided with a competitive salary, benefits and vacation package, along with opportunity for continuous growth within their career.

The salary range for the successful candidate is $80,000 to $100,000, plus a generous bonus and competitive benefits package/RRSP plan. Bilsland Griffith offers continuous growth and supports employees personal and professional development.

Interested applicants should provide a letter, stating experience, interest in the company and position, along with salary expectations and resume to:

We thank everyone for their interest in this role at Bilsland Griffith Benefit Administrators. Only the most suitable candidates will be contacted.

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