Posting Description:
Job title: Bilingual (French/English) Senior Associate - Pension Administration
Role Type: New position
Are you looking to join a global leader in professional services? Do you bring experience in defined benefit pension plan calculations? This could be the next step in your career.
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 team, and we are passionate about helping our colleagues and clients succeed
What the day will look like
The Senior Associate handles quality service delivery for clients who have guaranteed retirement income plans. This role requires performing all tasks needed to keep clients' pension plans running efficiently.
- Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
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Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
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Calculation alongside assessment of PAs, PSPAs and PARs and preparation of applicable filing forms;
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Preparation and review of annual pension statements;
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Read and interpret pension plan texts;
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Quality control of year-end data input and verification of computer output;
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Communication with clients regarding data, administration, and interpretation of pension plan text;
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Preparation, review and filing of government forms including Annual Information Return, and PBGF forms;
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Track team progress and coordinate with various departments to ensure service delivered on time;
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Support the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
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Assist with the development/maintenance of standard operation procedures;
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Respond to member calls and facilitate requests;
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Attend client meetings in technical support role;
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Liaise with trust company and plan auditors;
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Maintenance of client records; and
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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
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2+ years working with Defined Benefit Pension Plans, preferred;
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Preferred education in Math, Statistics, Actuarial Sciences and Finance;
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Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
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Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
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French / English bilingualism is required due to the frequent interactions with clients, colleagues, or partners based in Quebec, other Canadian provinces and/or internationally.
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Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
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Detailed with sound pension administration and organizational skills;
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Advanced Excel and a thorough knowledge of Word;
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Client-service demeanour;
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Other assets include the completion of CEBS, PPAC, CHRP designations or actuarial courses.
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.
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