Associate, Defined Benefit Pension Administration

Aon; Montreal; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A global leader in Pension Administration is seeking a dedicated Associate in Montreal, offering a hybrid work model. Responsibilities include calculating benefit entitlements and maintaining client records. Candidates should have strong communication skills and experience with Defined Benefit pension plans. A supportive workplace offering comprehensive benefits and a focus on wellbeing is provided.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Flexible working environment

Qualifications

• 1+ year working with Defined Benefit pension plans preferred.
• Experience in calculating complex benefit entitlements.
• Knowledge of provincial and federal pension legislation.

Responsibilities

• Calculate benefit entitlements on retirement and termination.
• Prepare government forms for pension plans.
• Respond to member calls and facilitate requests.

Skills

Communication skills

Client-service demeanour

Meticulousness

Math proficiency

Bilingualism (French/English)

Education

Relevant degree or equivalent experience

Completion of CEBS, PPAC, CHRP, or actuarial courses

Tools

Pension administration systems

Excel

Word

Job description

Overview

Are you looking for an opportunity to join a global leader in Pension Administration? Are you a dedicated, driven, meticulous, and ambitious individual? This might be the perfect 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

Responsible for providing high-quality service to Defined Benefit Pension clients, the Associate will perform all the functions necessary to ensure the continuous efficient operation of our clients\' pension plan arrangements.

• Calculate benefit entitlements on retirement, termination, death and marriage dissolution;
• 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 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.

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 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;
• Experience in calculating complex benefit entitlements on retirement, termination, separation, death and marital dissolution;
• 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;
• Excellent verbal and written communication and adept at working collaboratively;
• 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 preferred due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally
• A relevant degree or equivalent experience, and the successful 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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