Pension Administrator

People Corporation•Toronto, ON

5d•CA$50,000 - CA$60,000•Onsite

About The Position

Reporting to the Pension Manager, the Pension Administrator’s primary responsibility is to process plan member pension benefits and maintain records for several Multi-Employer Pension Plans. This includes providing support to members, accurately administering pension plan provisions, and responding to internal inquiries regarding pension administration. The company, Global Benefits, has over 50 years of experience providing high-quality and cost-effective administration for Multi-Employee Trusteed plans and single employer benefit plans. People Corporation is a national provider of benefits, retirement, wealth, wellness, and human resource solutions, serving over 20,000 clients representing nearly 3 million Canadians.

Requirements

Minimum 1 year experience in a pension administrative role
University/College education in a related field
Excellent skills in mathematics
Strong computer skills with working knowledge of Microsoft Word, Excel & Outlook
Sound accuracy & attention to detail
Excellent time management skills
Strong adaptability skills and can effectively respond to changing business needs
Excellent verbal & written communication skills
The ability to multi-task

Nice To Haves

educational background in finance and/or mathematics is a strong asset

Responsibilities

Assist members with pension and termination applications with a customer focused approach
Process member applications and option forms in a timely and organized manner
Maintain the member database and ensuring it is up to date and accurate
Accurately apply pension plan provisions and related regulations to member pension benefits
Post and allocate monthly pension payments to CRA and ensuring that all payments are balanced and reconciled
Assist the Pension Manager with any plan adjustments
Contact retired/active/inactive union members regarding their pension benefits
Provide support in annual Pension audits, year-end balancing, and T4A summaries
Provide team support across all areas of the company including but not limited to the Pension Department
Respond to member data clarification questions and other internal enquiries and team support to other departments as needed