60 Yonge Street
Job Family Group:
Wealth Sales & Service
Reporting to the Head, Client Relations & Operations, Group Retirement Solutions, the Group Annuity Analyst will support administrative requirements and collaborate with different teams to ensure the smooth operation of the group annuity business.
What will you do?
Answer annuity inquiries and provide accurate information to annuitants regarding their pension entitlements (annuity certificate)
Answer annuity inquiries and provide accurate information to various internal parties (Finance, Pricing, CSD, External vendor) regarding annuitant payments and/or pension entitlement, plan provision, etc.
Prepare data requests for plan sponsors and pension consultants
Monthly reconciliation of premium deductions, secondary insurer payments, etc.
Monthly reconciliation of buy-in payments, and prepare and submit monthly wire payment requests
Responsible for ensuring annuitant records are up-to-date by working with third party vendor
Conduct critical errors check on bimonthly payment files
Support for onboarding of new pension plans
Assist with all other administrative requirement to ensure smooth operation
Feed suggestion regarding ways to improve and automate administrative processes and implementing process-oriented solutions
Typically between 1-2 years of relevant pension administration experience
Knowledge of pension regulations is an asset
Strong knowledge of SQL and Excel VBA is a requirement
Knowledge of Python is an asset
English/French bilingualism is an asset
Excellent verbal & written communication skills
Is self motivated and organized
We’re here to help
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/ca/en .
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.