Pension Analyst

LifeWorks; Halifax; On-site; CAD 55,000 - 75,000; Full time

Job summary

A leading health and well-being provider seeks a Pension Analyst to join their Defined Benefits Administration team. The role focuses on administering pension plans and supporting clients with financial well-being solutions. Ideal candidates will demonstrate strong analytical skills, client-focused service, and effective communication abilities in both English and French.

Qualifications

• 1-2 years of experience in customer-focused role in the pension industry.
• Knowledge of provincial pension and tax legislation.
• English and French skills are an asset.

Responsibilities

• Process interfund transfers, contributions, and withdrawals.
• Provide regular and ad hoc reports for clients.
• Respond to plan member and client inquiries.

Skills

Problem-solving

Analytical skills

Communication

Time management

Education

Relevant university degree

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!

Here’s the impact you’ll make and what we’ll accomplish together:

As a Pension Analyst, you will work within a team that to provide quality client-focused administrative services for our Corporate clients.

Responsibilities

• Processes interfund transfers, contributions, withdrawals and terminations for clients.

• Provides regular and ad hoc reports for clients.

• Receives and responds to plan member and client inquiries and requests.

• Enters, updates and audits information; performs and proofs transactions on in-house software.

• Liaises with consultants, trust companies and investment manager representatives concerning clients’ DC plans.

• Performs reconciliations on a monthly basis.

• Keeps apprised of applicable new and existing pension, tax and securities legislation; shares knowledge with the team.

• Attends internal training sessions to build knowledge of industry topics and trends.

• Ensures that quality control and service standards are attained with every transaction.

• Understands the client’s perspective and priorities.

• Acts as a back-up, responding to in-bound calls from members and clients.

• Participates on special projects as required.

Succeeding as a Pension Analyst will require the following core qualifications and skills:

• Excellent written and oral English and French skills are an asset.

• Knowledge of group benefits (DB and DC pension or group insurance) an asset.

• Relevant university degree

• Have, or be in progress of completing a CSC or IFIC designation is considered an asset.

• 1-2 years’ experience working in a customer-focused role in the pension industry, and a foundation of knowledge in provincial pension and tax legislation.

• Excellent problem-solving and analytical skills, along with a strong professional acumen and the desire to take the initiative in helping clients find solutions.

• Our strongest analysts have excellent communication and time management skills, and the ability to manage multiple assignments.

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.

The health and safety of our team, customers and communities is paramount to TELUS. Accordingly, we require anyone joining our TELUS Health Care Centres to be fully vaccinated for COVID-19.

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.