Hybrid DB Pension Administrator – Toronto

Marsh; Toronto; Hybrid; CAD 56,000 - 84,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

Retirement programs

Employee assistance programs

Job summary

Mercer in Toronto is seeking a Defined Benefit Pension Administrator to join our team in a hybrid role, requiring in-office presence three days a week. You will support a pension administration centre of excellence handling client portfolios with emphasis on accurate benefit calculations and timely customer service.

Ideally you have a financial or mathematical background, DB pension experience, and strong Excel/MS Office skills.

Qualifications

• Financial and/or mathematics background.
• Hands-on experience in a Defined Benefit (DB) pension administration role.
• Strong analytical and organization skills, thoroughness, and attention to detail.
• Excellent written and oral communication skills.
• Ability to work in teams, accountable, and resourceful.
• Strong proficiency in Excel and working knowledge of the MS Office suite.

Responsibilities

• Calculate pension benefits and prepare statements resulting from various events (termination of employment, retirement, death, marriage breakdown, transfer, etc.).
• Update client's database (data request and validation, use of various systems/databases, data processing and accrual of benefits and other pertinent information, reconciliation of membership, etc.).
• Prepare annual statements for plan members.
• Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA) and pension indexation.
• Respond to clients and members’ inquiries.

Skills

Analytical skills

Excel

MS Office

Communication skills

Teamwork

Education

Bachelor's degree in finance/actuarial/science/business

Tools

MS Excel

Job description

Mercer in Toronto is seeking a Defined Benefit Pension Administrator to join our team in a hybrid role, requiring in-office presence three days a week. You will support a pension administration centre of excellence handling client portfolios with emphasis on accurate benefit calculations and timely customer service.

Ideally you have a financial or mathematical background, DB pension experience, and strong Excel/MS Office skills.