Group Annuity Administration Manager

RBC; Mississauga; On-site; CAD 80,000 - 110,000; Full time

Job summary

RBC is seeking a Group Annuity Administration Manager to oversee the effective administration of group annuity business lines. The role involves collaborating with stakeholders to ensure compliance and drive process improvements while providing expertise in pension administration.

Benefits

Flexible benefits

Work/life balance

Career development programs

Investment and retirement savings plans

Competitive pay

Qualifications

• Minimum 5 years of pension administration/consulting experience.
• Strong understanding of pension legislation and commuted value calculations.

Responsibilities

• Act as Subject Matter Expert on Pension Administration.
• Ensure adherence to regulatory and contractual requirements.
• Contribute to process improvement initiatives.

Skills

Analytical skills

Organizational skills

Communication skills

Data analysis

Job description

Job Summary

Job Description

What is the opportunity?

The Group Annuity Administration Manager is responsible for the effective administration of the group annuity business line ensuring adherence to pension plan and contractual requirements. They will work with internal stakeholders, plan sponsors and pension consultants to successfully onboard and implement group annuity deals demonstrating their strong pension background.

What will you do?

•Act as Subject Matter Expert on Pension Administration for all activities involving calculations, statements and annuitant questions

•Ensure adherence to regulatory and contractual requirements in partnership with legal, compliance and finance

•Contribute to process improvement initiatives, including testing of system upgrades and documentation of processes and enhancements

•Maintain up-to-date knowledge of pension legislation and lead training on legislative changes and their operational impact

•Support integration and review of new annuity client data and ensure plan provisions are set up appropriately into administration system

•Co-ordinate and participate in kick-off meetings with clients and internal stakeholders and ensure implementation timelines are met

What will you need to succeed?

•Minimum 5 years of pension administration/consulting experience

•Strong understanding of pension legislation and commuted value calculations

•Excellent analytical, organizational and communication skills

•Strong data background

What's in it for you?

• A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

• Competitive pay and high-earning potential

• All the tools, training, and team support you need to grow your career

• Flexible work/life balance options

• RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

MISSISSAUGA

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-17

Application Deadline:

2025-07-03

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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