Pension Administrator

People Corporation; Canada; On-site; CAD 48,000 - 55,000; Full time

Benefits offered by this job

Health & dental benefits

Retirement savings plan

Health & Wellness offerings

Mental Health support

Industry designations assistance

Competitive compensation

Job summary

People Corporation in Etobicoke is seeking a Pension Administrator to process member pension benefits and maintain records for multiple plans. You will support members, administer plan provisions, and respond to internal inquiries about pension administration.

The role is 100% in-office with a base salary in the 48k–55k CAD range, plus potential bonuses. You will report to the Pension Manager and assist with audits and year-end activities.

Qualifications

• Minimum 1 year experience in a pension administrative role.
• University/College education in a related field.
• Previous leadership or management experience an asset.
• Finance/ math education and/or experience an asset.
• Strong computer skills with working knowledge of Microsoft Word, Excel, Outlook Finance and basic math skills.

Responsibilities

• Assist members with pension and termination applications with a customer focused approach.
• Process member applications and option forms in a timely and organized manner.
• Maintain the member database and ensuring it is up to date and accurate.
• Accurately apply pension plan provisions and related regulations to member pension benefits.
• Post and allocate monthly pension payments to CRA and ensuring that all payments are balanced and reconciled.
• Assist the Pension Manager with any plan adjustments.
• Contact retired/active/inactive union members regarding their pension benefits.
• Provide support in annual Pension audits, year-end balancing, and T4A summaries.

Skills

Pension administration

Customer service

Education

University/College education in a related field

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

This role is 100% in-office. The office location is Etobicoke. Reporting to the Pension Manager, the Pension Administrator’s primary responsibility is to process plan member pension benefits and maintain records for several Multi-Employer Pension Plans, including: providing support to members, accurately administering pension plan provisions and, responding to internal enquiries regarding pension administration.

Role Responsibilities

• Assist members with pension and termination applications with a customer focused approach
• Process member applications and option forms in a timely and organized manner
• Maintain the member database and ensuring it is up to date and accurate
• Accurately apply pension plan provisions and related regulations to member pension benefits
• Post and allocate monthly pension payments to CRA and ensuring that all payments are balanced and reconciled
• Assist the Pension Manager with any plan adjustments
• Contact retired/active/inactive union members regarding their pension benefits
• Provide support in annual Pension audits, year-end balancing, and T4A summaries
• Provide team support across all areas of the company including but not limited to the Pension Department
• Respond to member data clarification questions and other internal enquiries and team support to other departments as needed

Required Qualifications

• Minimum 1 year experience in a pension administrative role
• University/College education in a related field
• Previous leadership or management experience an asset
• Finance/ math education and/or experience an asset
• Strong computer skills with working knowledge of Microsoft Word, Excel, Outlook Finance and basic math skills

Organization: Can establish and prioritize tasks and objectives to manage time and resources effectively and efficiently. Maintains logical file and follow up systems in order to balance multiple activities at once and accomplish goals in an organized way. Adaptability: Effectively responds to changing business needs, conditions, and work responsibilities. Self Management: Manages own time, priorities, and resources to achieve goals. Excellent Teamwork & Relationship Building skills: Builds constructive working relationships characterized by a high level of acceptance, cooperation, and mutual respect. Accountability/Ownership: Assumes responsibility and takes accountability for their own actions and the actions of their team. Trustworthy: Is widely trusted and is seen as a direct, truthful individual that is counted on by others as a reliable resource and earns the confidence of clients and team members by consistently meeting or exceeding expectations. Collaboration: Works in partnership with others to achieve common goals. Respects other people’s viewpoints. Seeks win/win solutions.

What's in it for you

• Learn by working alongside our experts
• Extended health care and dental benefits
• A retirement savings plan with company contributions
• A suite of Health & Wellness offerings
• Mental Health programs and support for you and your family
• Assistance for the completion of industry designations
• Competitive compensation

Company Overview

Global Benefits has over 50 years experience providing high quality and cost effective administration for Multi-Employee Trusteed plans and single employer benefit plans.

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

If you require an accommodation or an alternative format of any posting please reach out to [e-mail].

The base salary for this position is between $48,000 - $55,000 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.

We know that it's the vast expertise and commitment of our teams in People Corporation and our Partner Firms that have put us where we are today. We value our employees and provide competitive salaries, a comprehensive group benefits plan, and a generous retirement savings plan. And we're in it for the long haul - once you join us, we want you to thrive.