Associate, Defined Benefit Pension Administration

at  Aon Corporation

ASSOCIATE, PENSION ADMINISTRATION

Are you looking for an opportunity to join a global leader in Pension Administration? Are you a hardworking, motivated, diligent and career-minded individual? This could be the opportunity for you!
This is a hybrid role with the flexibility to work both virtually and from our Toronto or Vancouver office.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

SKILLS AND EXPERIENCE THAT WILL LEAD TO SUCCESS

If this role appeals to you but you don’t meet all the requirements listed below, please do express your interest. Applicants who do not have the industry experience but have the required education and skills will also be considered.

• 1+ year working with Defined Benefit pension plans preferred;
• Preferred education in Math, Statistics, Actuarial Sciences and Finance;
• Previous work experience in calculating complex benefit entitlements on retirement, termination, death and marriage breakdown;
• Experience in yearend tasks (PAs, PARs, Indexation, Annual Statements, etc.); calculating and reporting PAs, PSPAs and PARs;
• Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
• Good oral and written communication skills and ability to work in a team;
• Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
• Meticulous, with sound pension administration and organizational skills;
• Advanced Excel and a thorough knowledge of Word;
• Client-service demeanour; and
• Other assets include fluency in French, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses

This role is tasked with quality service delivery for their Defined Benefit Pension clients. The Associate will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients’ pension plan arrangements.

• Calculate benefit entitlements on retirement, termination, death and marriage breakdown;
• Conduct calculations on PAs, PSPAs and PARs and preparation of applicable filing forms;
• Prepare indexation and annual pension statements;
• Perform year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
• Prepare government forms including Annual Information Return, Form 7 and PBGF forms;
• Assist with testing the pension system for new and existing clients according to the plan provisions and administrative requirements;
• Assist with maintaining standard operation procedures;
• Respond to member calls and facilitate requests;
• Maintenance of members’ records; and
• Other duties as required

If this role appeals to you but you don’t meet all the requirements listed below, please do express your interest. Applicants who do not have the industry experience but have the required education and skills will also be considered.

• 1+ year working with Defined Benefit pension plans preferred;
• Preferred education in Math, Statistics, Actuarial Sciences and Finance;
• Previous work experience in calculating complex benefit entitlements on retirement, termination, death and marriage breakdown;
• Experience in yearend tasks (PAs, PARs, Indexation, Annual Statements, etc.); calculating and reporting PAs, PSPAs and PARs;
• Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
• Good oral and written communication skills and ability to work in a team;
• Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
• Meticulous, with sound pension administration and organizational skills;
• Advanced Excel and a thorough knowledge of Word;
• Client-service demeanour; and
• Other assets include fluency in French, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial course