Pension Administrator

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

Benefits offered by this job

Extended health care and dental

Retirement savings plan with company**

Mental health programs

Alumni/industry designation support

Health & Wellness offerings

Employee assistance programs

Job summary

Global Benefits is seeking a Pension Administrator to process plan member pension benefits and maintain records for multiple Multi-Employer Pension Plans. The role reports to the Pension Manager and requires strong MS Word/Excel/Outlook skills, organization, and accuracy.

The position is 100% in-office at the Etobicoke location with responsibilities spanning member support, data upkeep, and contributions reconciliation.

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 and basic math skills.
• Strong computer skills with MS Word, Excel, Outlook.

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

Skills

Microsoft Word

Microsoft Excel

Microsoft Outlook

Finance skills

Basic math skills

Organization

Adaptability

Self management

Teamwork

Accountability/Ownership

Trustworthy

Collaboration

Education

University/College education in a related field

Tools

Microsoft Office

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.

The Pension Administrator will:

• 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

To be successfulas a Pension Administratorwith Global Benefits, you will need:

• 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

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 employeehas the opportunity toreach 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.