Pension Analyst

TELUS; Fredericton; Hybrid; CAD 40,000 - 74,000; Full time

Benefits offered by this job

Total rewards package

Vacation 3 weeks

Flexible benefits plan

Pension match

Job summary

TELUS Health Retirement Consulting seeks a Pension Analyst to deliver quality client-focused administrative services for corporate clients using Ariel, ensuring accurate data handling and timely benefit processing.

You will support actuarial valuations, contribute to year-end statements, and assist in client communications, with opportunities for growth within a global health leader. Based in Fredericton with flexible work options.

Qualifications

• Post-secondary education (Math/Stats/Actuarial) or related courses in Pension Administration.
• Basic knowledge of Defined Benefit pension plans and provincial pension/tax legislation is an asset.
• Strong analytical and mathematical skills; client service focus.

Responsibilities

• Respond to plan inquiries from clients promptly and professionally.
• Assist in calculating and processing payments of termination, retirement, and death benefits.
• Support consulting team in fostering client relationships.
• Coordinate information flow between clients and trustees.
• Assist in reconciling plan assets and memberships and in preparing year-end statements.
• Attend internal trainings and participate in client meetings to add value.

Skills

Pension administration

Analytical skills

Client service

Communication

Multitasking

Teamwork

Education

Post-secondary education in Mathematics/Statistics/Actuarial Science

Tools

Ariel administration system

Job description

TELUS Health is empowering every person to live their healthiest life. Guided by our vision, we are leveraging the power of our leading edge technology and focusing on the uniqueness of each individual to create the future of health. As a global-leading health and well-being provider – encompassing physical, mental and financial health – TELUS Health is improving health outcomes for consumers, patients, healthcare professionals, employers and employees. Join our team and what we’ll accomplish together TELUS Health Retirement Consulting practice brings over 60 years of experience and innovative thought leadership to pension & savings, actuarial, compensation and overall financial well-being consulting and outsourcing. Our purpose is to improve financial outcomes for individuals while managing costs and risks for organizations by leveraging technology and data. We are also one of the largest pension plan administrators in Canada, serving over five million plan participants. We are a diverse organization with unparalleled capabilities for our clients and their people. Join our fantastic team of Defined Benefits (DB) Administration specialists in Retirement Consulting. We are proud to have experts located across the country who are passionate about assisting our clients in improving the financial well-being of their plan members. Our primary focus is administering DB pension plans and we offer a wide range of service models to ensure that we meet the unique needs of each client. If you are looking for a rewarding opportunity to make a positive impact on plan members’ financial well-being, this is the perfect role for you!

The Pension Analyst

The Pension Analyst will work within a team that to provide quality client-focused administrative services for our Corporate clients. Our Ariel administration system is a robust recordkeeping platform that supports membership database updates, and provides electronic data interfaces, calculations, and transactions. Here’s the impact you’ll make and what we’ll accomplish together:

Why TELUS Health?

With us, you’ll experience:

• A vibrant and dynamic team environment where collaboration is key
• Engaging projects and mandates that foster growth and development
• Career opportunities geared toward your professional advancement
• The flexibility to work in the office, remotely, or a hybrid of both
• A flexible schedule and a comprehensive benefits program

What you’ll do

As a Pension Analyst, you’ll play a supportive role in administering pension plans and providing analytical and administration support. Here’s what you’ll do:

• Respond to plan inquiries and requests from clients promptly and professionally
• Assist in calculating and processing timely payment of termination, retirement, and death benefits for simple plans
• Support the consulting team in fostering strong relationships with clients
• Help coordinate information flow between clients and trustees
• Assist in reconciling plan assets and plan memberships
• Support the preparation of year-end annual pension statements
• Assist in preparing membership and asset data for actuarial valuations
• Apply and interpret basic pension benefit calculations in accordance with plan provisions and legislative requirements
• Work with pension databases to ensure data accuracy
• Attend internal training sessions to stay updated on industry trends and topics
• Participate in client meetings and presentations to add value
• Assist with special projects as required to support team goals

What you bring

We’re looking for an enthusiastic and motivated individual with:

• A keen interest in pension administration and a desire to learn
• Post‑secondary education (preferably in Mathematics, Statistics, Actuarial Science) or relevant courses related to Pension Administration
• Basic knowledge of Defined Benefit pension plans and provincial pension and tax legislation (an asset, but not required)
• Strong analytical and mathematical skills
• A strong client service focus with exceptional professional acumen
• The ability to manage multiple tasks simultaneously with ease
• Excellent communication and interpersonal skills

Salary Range

Salary Range: $39,900 - $74,100 CAD Annual Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience.

Benefits

TELUS offers rewarding benefits, which may vary per job function, such as:

• Comprehensive total rewards package highlighting competitive salary and bonus structures, minimum 3 weeks of vacation, and flexible benefits plan to meet the needs of you and your family
• Flexibility to work in-office, virtually or a combination of both
• Generous company matched pension
• Opportunity to give back to communities in which we work, live and serve
• Career growth and learning & development opportunities to develop your skills
• And much more…

Job Type

Job Type: This is for a current vacancy

A bit about us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world. TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment. We offer accommodation for applicants with disabilities, as required, during the recruitment process. Disclaimer: In accordance with the TELUS Health Solutions Data Center Security Policy, as a condition of employment, all team members whose job functions require they work at a Data Center and/or have access to detailed knowledge of technology related to client service delivery, are subject to a Personnel Security Screening conducted through the Government of Canada. Note for Quebec candidates: if knowledge of English is required for this position, it is because the team member will be asked, on a regular basis, to interact in English with external or internal parties or to use English applications or software as part of their tasks. By applying to this role, you understand and agree that your information will be shared with the TELUS Group of Companies’ Talent Acquisition team(s) and/or any leader(s) who will be part of the selection process. Being part of the team at TELUS Health is more than a job; it’s a career-defining experience. It allows you to do innovative and meaningful work with talented and collaborative teams. It’s an opportunity to improve businesses and lives by building healthier, happier workplaces. And it’s a chance to build genuine, long-term relationships along the way. A place to experience more Find the support and encouragement to consistently push boundaries and deliver impactful solutions. Our collaborative culture means your ideas will be heard and your hard work will be rewarded. You will be leveraging our world-leading technology, products, clinical services and passionate team members to revolutionize access to health care and wellbeing, and drive remarkable experiences for the benefit of all the clients and individuals we serve around the world. Talented people who care Coming to work each day is an opportunity. It’s a chance for you to work with a multidisciplinary global team of nearly 10,000 smart and driven members whose passion for their work matches your own, resulting in helping create a healthier future for everyone. Work that matters Make a difference in the lives of our clients and their employees every day – by providing meaningful solutions in more than 160 countries, that help people and businesses perform at their best by delivering both digital innovation and clinical services to improve total physical, mental and financial health and wellbeing across the full spectrum of primary and preventative care.

Disclaimer

By applying to this role, you understand and agree that your information will be shared with the TELUS Group of Companies’ Talent Acquisition team(s) and/or any leader(s) who will be part of the selection process.