Pension Administration - Senior Analyst

Marsh McLennan•Montreal, QC

3d•Hybrid

About The Position

We are seeking a talented individual to join our Pension Administration team at Mercer as Pension Administration - Senior Analyst. This role will be based in Montreal or Quebec City. This is a hybrid role that has a requirement of working at least one day a week in the office. The Senior Analyst works in a team environment as part of Mercer’s pension administration Centre of Excellence. You will be part of a team who provide high quality administration service to a portfolio of clients, demonstrating outstanding and timely customer service in all dealings with client contacts. You will also be part of a company committed to enhancing the health, wealth, and careers of the clients we serve and their employees and will work for a company equally invested in the development of our own people.

Requirements

Bachelor's degree in a related field such as finance, actuarial science, mathematics, or business administration
Financial and/or mathematics background.
Great verbal and written communication skills in English and French are required.
Strong analytical and organization skills, thoroughness, and attention to detail
Excellent written and verbal communication skills
Ability to work in teams; accountable and resourceful
Strong proficiency in Excel and working knowledge of the MS Office suite

Nice To Haves

1-3 years of pensions experience
Prior experience working with defined benefit pension plans
Prior experience working in an actuarial firm

Responsibilities

Calculate pension benefits and prepare statements resulting from various events (termination of employment, retirement, death, marriage breakdown, transfer, etc.)
Update client's database (data request and validation, use of various systems/databases, data processing and accrual of benefits and other pertinent information, reconciliation of membership, etc.)
Prepare annual statements for plan members and annual information returns
Understand the provisions of the plans and the various applicable laws
Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA)
Respond to clients and members’ inquiries
Administer plans that may contain complex features (flexible plans, executive plans, hybrid plans, etc.)
May be involved in various special projects, including plan termination, early-retirement program, pension indexation, implementation of new plan provisions, etc.