Senior Associate, Defined Benefit Pension Administration

Aon; Montreal; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A global professional services leader in Montreal seeks a Senior Associate to provide quality service delivery for Defined Benefit Pension clients. This hybrid position involves calculating benefits, year-end updates, and client communication. Ideal candidates will have 2+ years of experience in pension plans and must be fluent in both French and English. A strong client-service attitude and relevant education in Mathematics or Finance are preferred.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Inclusive workforce

Agile work environment

Qualifications

• 2+ years working with Defined Benefit pension plans preferred.
• Knowledge of pension legislation and Income Tax Act provisions.
• Previous experience in reviewing calculations and year-end tasks.

Responsibilities

• Calculate and peer review benefit entitlements.
• Year-end update of plan records.
• Communicate with clients regarding data and administration.

Skills

Experience with Defined Benefit pension plans

Bilingual in French/English

Strong spreadsheet competencies

Pension administration systems knowledge

Client-service attitude

Organizational skills

Education

Education in Math, Statistics, Actuarial Sciences or Finance

Tools

Advanced Excel

Microsoft Word

Job description

Are you looking for an opportunity to join a global leader in the professional services space? Are you experienced with defined benefit plan calculations? This could be the opportunity for you!

This is a hybrid role with the flexibility to work both virtually and from our Montreal office.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The Senior Associate is responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.

• Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
• Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
• Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
• Preparation and review of annual pension statements;
• Read and interpret pension plan texts;
• Quality control of year-end data input and verification of computer output;
• Communication with clients regarding data, administration, and interpretation of pension plan text;
• Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
• Track team progress and coordinate with various departments to ensure service delivered on time;
• Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
• Assist with the development/maintenance of standard operation procedures;
• Respond to member calls and facilitate requests;
• Attend client meeting in technical support role;
• Liaise with trust company and plan auditors;
• Maintenance of client records; and
• Other duties as required

How this opportunity is different

As part of a market-leading team, you will contribute to the creation of concrete results for our

clients by applying innovative and effective solutions to support the pension administration team.

Skills and experience that will lead to success

• 2+ years working with Defined Benefit pension plans preferred;
• Preferred education in Math, Statistics, Actuarial Sciences and Finance;
• Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
• Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
• French / English bilingualism required due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally.
• Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
• Thorough with sound pension administration and organizational skills;
• Advanced Excel and a thorough knowledge of Word;
• Client-service attitude;
• Other assets include a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

#LI-AM3

#LI-HYBRID

2564100

Are you looking for an opportunity to join a global leader in the professional services space? Are you experienced with defined benefit plan calculations? This could be the opportunity for you!

This is a hybrid role with the flexibility to work both virtually and from our Montreal office.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The Senior Associate is responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.

• Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
• Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
• Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
• Preparation and review of annual pension statements;
• Read and interpret pension plan texts;
• Quality control of year-end data input and verification of computer output;
• Communication with clients regarding data, administration, and interpretation of pension plan text;
• Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
• Track team progress and coordinate with various departments to ensure service delivered on time;
• Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
• Assist with the development/maintenance of standard operation procedures;
• Respond to member calls and facilitate requests;
• Attend client meeting in technical support role;
• Liaise with trust company and plan auditors;
• Maintenance of client records; and
• Other duties as required

How this opportunity is different

As part of a market-leading team, you will contribute to the creation of concrete results for our

clients by applying innovative and effective solutions to support the pension administration team.

Skills and experience that will lead to success

• 2+ years working with Defined Benefit pension plans preferred;
• Preferred education in Math, Statistics, Actuarial Sciences and Finance;
• Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
• Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
• French / English bilingualism required due to frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally.
• Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
• Thorough with sound pension administration and organizational skills;
• Advanced Excel and a thorough knowledge of Word;
• Client-service attitude;
• Other assets include a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

#LI-AM3

#LI-HYBRID