Pension Analyst

Ellement Consulting Group•Ottawa, ON

5d•Onsite

About The Position

As a Pension Analyst, you will be a key member of an administration team that delivers high-quality pension administration services to multiple clients while ensuring outstanding and timely customer service. You will be responsible for administering member transactions, maintaining accurate records, and supporting regulatory and client reporting requirements. A Pension Analyst must have strong analytical and organizational skills, excellent attention to detail, and the ability to work both autonomously and collaboratively within a team.

Requirements

Post-secondary diploma in a related field, such as business administration, or equivalent training obtained through a combination of relevant work experience and education.
Attentive to detail
Strong analytical skills
Minimum two years’ experience of pension benefits administration
Understanding of group pension and benefits plan designs, strong analytical and mathematic abilities
Candidate must be attentive to detail, and have the ability to prioritize and multi-task in a fast-paced environment
Excellent written and verbal communication skills for effective communication with internal and external stakeholders
Ability to respond effectively to challenging and time sensitive situations and deadline
Successful completion of a cleared criminal background check is required.

Nice To Haves

Certified Employee Benefit Specialist (CEBS) designation would be considered an asset
Preference will be given to those individuals who are proficient in French.

Responsibilities

Process cases for events such as retirement, termination of employment, death, relationship breakdown, etc.
Accurately maintain and update client databases on a regular basis
Quality control of year-end data input and verification of program output, including Annual Benefit Statements
Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA)
File the Annual Information Return (AIR) and other regulatory forms with the applicable legislating body
Interpret and apply the provisions of the pension plans and various applicable provincial and federal legislation
Respond to inquiries from clients and plan members regarding data, and administration
Develop and present solutions and improved processes for various plan issues to consultants and internal partners
Coordinate new business implementation with account management and implementation teams
Perform other tasks as assigned to assist in the overall team effort