Our north Toronto-based client, a major third party administrator of union negotiated benefit and pension plans, is in need of a Pension Specialist. The successful candidate should demonstrate strong attention to detail, excellent organizational skills and an in-depth understanding of the Pension Benefits Act.
Responsibilities:
- Communicate with members, employers, union representatives, plan actuaries and custodians regarding benefit entitlements; administration procedures or interpretations of plan provisions.
- Enrol employees in the pension plan by processing applications and calculations
- Determine plan beneficiaries’ entitlements under the pension plan in accordance with specific Plan provisions, government legislation requirements and current service standards
- Maintain up-to-date records both paper and electronic of all transactions processed.
- Authorize payment of benefit entitlements and plan expenses
- Preparation of client administration reports
- Preparation and filing of government forms including Annual Information Returns, etc.
- Preparation and validation of actuarial data being used in actuarial valuations.
- Preparation of member annual pension statements.
- Respond to inquiries or complaints from plan beneficiaries
Qualifications:
- Minimum 3+ years’ experience in pension administration and direct benefits
- CEBS designated an asset
- Strong computer proficiency in MS Office (Word, Excel, PowerPoint, etc.)
- Excellent knowledge and understanding of the Pension Benefits Act
- Strong English communication skills (written, verbal)
Compensation:
- Salary: commensurate with experience
- Vacation: 2 weeks
- Medical & Dental Benefits
We thank all those who apply however, only applicants chosen for an interview will be contacted. Candidates must be legally eligible to work in Canada without sponsorship. Please send applications to [email protected] and quote job ref #GBPENAD160718.