Senior Pension Policy Strategist

Ontario Pension Board; Toronto; On-site; CAD 99,000 - 121,000; Full time

Job summary

The Ontario Pension Board (OPB) is seeking a Senior Pension Policy Strategist to lead the design, development and implementation of leading-edge pension policy that supports OPB’s administration of the Public Service Pension Plan (PSPP).

Reporting to the Manager, Strategic Policy, this role requires strategic thinking, collaboration with internal partners, and the ability to translate complex legislation into actionable guidance for plan members and stakeholders.

Qualifications

• Proven strategic thinking and ability to see the big picture
• Ability to assess how policies may be affected by future developments
• Ability to assess stakeholders’ needs and propose creative solutions
• Excellent written and verbal communication translating complex material
• Sound judgment and advanced critical thinking and problem solving
• Effective project management coordinating with multiple stakeholders
• Strong relationship-building and collaborative work style
• Ability to work independently in a fast-paced, changing environment
• Familiarity with defined benefit pension plans and related legislation is a strong asset

Responsibilities

• Conduct research and develop pension policy recommendations for Senior Management
• Interpret legislation and analyse impact to OPB and the PSPP
• Provide policy guidance to internal partners and assist with escalated client issues
• Review client communications for alignment with legislation and OPB mission
• Proactively analyse and influence legislative and regulatory developments
• Build and maintain partnerships across the organization, government and pension industry

Skills

Strategic thinking

Policy analysis

Stakeholder management

Written communication

Verbal communication

Project management

Relationship building

Independent work

Pension legislation familiarity

Job description

Senior Pension Policy Strategist

Policy, Plan Management

Full-Time Permanent

About us:

The Ontario Pension Board (OPB) administers the Public Service Pension Plan (the PSPP), a major defined benefit pension plan sponsored by the Government of Ontario. With over 106,000 members and almost $40 billion in assets, the PSPP is one of Canada’s largest pension plans. It is also one of the country’s oldest, successfully delivering the pension promise since the early 1920s. Learn more about OPB.

About the role:

Reporting to the Manager, Strategic Policy, the Senior Pension Policy Strategist is a trusted advisor and thought leader who applies their expertise to the design, development, and implementation of leading-edge pension policy that supports the business and strategic priorities of the Ontario Pension Board (OPB) in the administration of the Public Service Pension Plan (the Plan).

With a strong policy background and an appreciation for varied and exciting work, the Senior Pension Policy Strategist thrives in a collaborative environment. If you are an innovative, strategic and critical thinker, this is a wonderful opportunity to join a high-performing team of policy professionals.

Key Responsibilities:

• Conducting research and developing pension policy recommendations for Senior Management.


• Interpreting applicable legislation and analysing its impact to OPB and the Public Service Pension Plan (PSPP).


• Delivering policy guidance to internal business partners including Client Services and assisting with resolving escalated client issues.


• Reviewing client communications to ensure alignment with applicable legislation, and OPB’s organisational mission to Advise & Protect plan members.


• Proactively analyse and influence legislative and regulatory developments.


• Building and maintaining strong partnerships across the organization, government and the pension industry to inform and influence strategic policy priorities.

Key Qualification:

• Proven strategic thinking skills and the ability to understand the broad picture, consider consequences, and identify key issues and opportunities.


• An ability to assess how current policies, processes and methods may be affected by future developments and trends.


• An ability to assess internal and external stakeholders’ needs and to propose creative solutions for meeting those needs.


• Excellent written and verbal communication skills, including an ability to translate technical material into a format that can be understood by a wide audience.


• Sound judgment and advanced critical thinking and problem-solving skills.


• Effective project management skills and the ability to coordinate with multiple internal and external stakeholders.


• Strong relationship-building skills and the ability to work collaboratively.


• An ability to work independently and be adaptable in a fast paced, rapidly changing environment in which managing multiple competing time-sensitive priorities.


• Familiarity with the administration of defined benefit pension plans and their governing legislation, including the Pension Benefits Act, the federal Income Tax Act, the Employment Standards Act, 2000, and/or the Family Law Act would be a strong asset.

Compensation:

• The target hiring salary for this position is $110,000. A candidate’s placement in the range is based on skills, knowledge, experience, and internal equity, with consideration for how the candidate is developing, meets, or exceeds the role’s requirements. This position is eligible to participate in OPB’s Annual Incentive Program, subject to its terms and conditions.

Additional Information:

• This posting is for an existing vacancy.


• This competition is open to all employees of OPB.


• The competition will remain open until a successful candidate is selected or until the competition is closed.


• No artificial intelligence tools are used to screen, assess, or select applicants for this position.


• The identified final candidate will be required to complete a background screening.


• OPB is committed to providing accommodation for people with disabilities in its recruitment process. Please advise OPB if you require an accommodation and we will work with you to meet your needs. OPB is committed to fostering a culture of diversity, equity and inclusiveness that reflects the diverse communities we serve. We welcome and encourage applications from those who may contribute to the further diversification of ideas.