Associate, Defined Benefit Pension Administration

Aon Hewitt; Montreal; Hybrid; CAD 50,000 - 80,000; Full time

Job summary

Join a forward-thinking company as a Pension Administration Associate, where you will play a vital role in delivering quality service for Defined Benefit Pension clients. This hybrid position offers the flexibility to work both virtually and from the Montreal office. You will be responsible for calculating benefit entitlements, preparing pension statements, and assisting with pension system testing. The ideal candidate will possess a strong background in mathematics and finance, along with excellent communication skills. Embrace the opportunity to grow in an inclusive environment that values your contributions and supports your professional development.

Benefits

Comprehensive Benefits Package

Global Wellbeing Days

Flexible Working Style Solutions

Continuous Learning Opportunities

Qualifications

• 1+ years of experience with Defined Benefit pension plans preferred.
• Strong background in Math, Statistics, and Actuarial Sciences required.
• Experience in calculating complex benefit entitlements.

Responsibilities

• Calculate benefit entitlements for retirement, termination, and other events.
• Prepare government forms and assist with pension system testing.
• Respond to member inquiries and maintain records.

Skills

Defined Benefit Pension Plans

Mathematics

Statistics

Actuarial Sciences

Finance

Communication Skills

Client Service

Bilingual (French/English)

Education

Post-secondary Degree

CEBS, PPAC, CHRP or Actuarial Courses

Tools

Pension Administration Systems

Advanced Excel

Microsoft Word

Job description

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 Montreal 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 the sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

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 calculation 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 of the pension system for new and existing clients according to the plan provisions and administrative requirements;
• Assist with maintaining of standard operation procedures;
• Respond to member calls and facilitate requests;
• Maintenance of members’ records; and
• Other duties as required.

How this opportunity is different

As part of a market-leading team, you will contribute to the creation of concrete results for our clients by applying innovative and effective solutions to support the pension administration team.

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+ years of working with Defined Benefit pension plans preferred;
• Education background 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
• French / English bilingualism required due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally
• A post-secondary degree or equivalent experience and the completion of CEBS, PPAC, CHRP or actuarial courses

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

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