Senior Associate - Pension Administration

at  Aon Corporation

SENIOR ASSOCIATE - PENSION ADMINISTRATION

Are you looking for an opportunity to join a global leader in the professional services space? This could be the opportunity for you!
We are seeking a hardworking, motivated, diligent and career-minded individual to join our Pension Administration team.
This is a hybrid role with the flexibility to work both virtually and from our Toronto 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

• Minimum of 2 years working with Defined Benefit pension plans preferred;
• Preferred education in Math, Statistics, Actuarial Sciences and Finance;
• Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
• 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 environment;
• Experience with pension administration systems, strong spreadsheet competencies and math aptitude required;
• Detail-oriented with sound pension administration and organizational skills;
• Advanced Excel and a thorough knowledge of Word;
• Client-service attitude; and
• Other assets include fluency in French, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.

• Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
• Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
• Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
• Preparation and review of annual pension statements;
• Read and interpret pension plan texts;
• Quality control of year-end data input and verification of computer output;
• Communication with clients regarding data, administration, and interpretation of pension plan text;
• Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
• Track team progress and coordinate with various departments to ensure service delivered on time;
• Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
• Assist with the development/maintenance of standard operation procedures;
• Respond to member calls and facilitate requests;
• Attend client meeting in technical support role;
• Liaise with trust company and plan auditors;
• Maintenance of client records; and
• Other duties as required