Pension Administrator

Our Toronto-based client, a major third party administrator of union negotiated benefit and pension plans, is in need of a Pension Administrator. 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.
Prepare payment of benefit entitlements
Preparation of client administration reports
Preparation and filing of government forms
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
University/College degree preferred, CEB 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.