Senior Defined Benefit Pension Administration Specialist

Overview

BUCK - A 104 - year - old firm that is JUST GETTING STARTED.

Sr. Defined Benefit Administration Specialist

Location: Mississauga, Montreal or Remote / home based with travel.

At Buck, we’re focused on helping our clients create a culture of wellbeing, centered around the evolution of each person’s health, wealth, and career.

Leveraging strong client relationships with key decision makers, our teams deliver exceptional results that confidently push the envelope with unexpected solutions to help our clients accomplish their objectives faster and keep them ahead of the curve.

Not surprisingly, we embrace inventive thinkers, who make original contributions to the team. We put people first — our people and our clients’ people, and our inclusive and welcoming culture celebrates diversity and individuality.

Explore your next career move with Buck today!

Responsible for the day-to-day and cyclical administration processes for one of our largest clients. In this role, you will have the opportunity to manage projects, develop test plans and use your superior analytical thinking and problem solving skills. If you enjoy working in a fast-paced environment with competing priorities, this position is for you! You will also be exposed to excellent growth and development opportunities when partnering with others in the overall planning of new projects and processes.

Responsibilities

• Monitor and address quality issues as they arise
• Develop and maintain checklists, procedures and plan documentation
• Oversee project plans to ensure timely and accurate delivery for year-end processes such as PAs and annual pension statements as well as adhoc projects
• Act as a role model for less experienced team members regarding service delivery and professional behaviour
• Work with business partners to apply appropriate solutions to complex issues
• Produce complex and/or ad hoc reports
• Prepare the cyclical deliverables processing calendar
• Analyze business needs and apply appropriate administration solutions in a cost-effective way
• Assist in preparing cost estimates for client projects
• Perform user acceptance testing for client specific systems
• Arrange and/or conduct information sharing sessions with team; coach team members to enhance their knowledge
• Review test plans and/or control groups
• Assist in preparing monthly client invoices
• Document issues and provide status updates
• Act as final reviewer for day-to-day, periodic and annual administration tasks including but not limited to marriage breakdown calculations, Payrolls, PAs, PARs, valuation data extracts, and annual pension statements (active and inactive).
• Work with Client Service Manager to set up working procedures and ensure all administration documents are up-to-date and meet quality standards – including plan text, administrative forms
• Review specifications
• Act as a source of expertise to others including assisting colleagues with the application tools and procedures
• Create networks outside of one’s own functional area
• Develop detailed project plans by breaking down into manageable tasks and delegate assignments to appropriate team members

Qualifications

• Demonstrates strong mentoring and training skills
• High ethical standards
• Client satisfaction focus and team-oriented work style
• Solid oral and written communication skills - with particular emphasis on articulation and grammar
• Minimum of 5 years of experience in Defined Benefit pension plan administration
• Proven relationship building skills
• Strong working knowledge of Income Tax Act as it applies to defined benefit pension plans
• Ability to deliver on time and with quality in a fast paced environment with competing priorities
• Proficient in other MS Office applications and essential computer functions
• Strong mathematical/analytical skills and problem solving skills
• Proven project management skills and proactive ability to handle and manage multiple tasks simultaneously
• Enjoy working in a fast-paced environment
• Ability to remain poised, patient, empathetic, tactful and composed while handling client staff and plan participants
• Strong working knowledge of Excel functions used in data analysis
• Strong working knowledge of defined benefit pension plan administration, policy and applicable multi-provincial and federal government legislation.
• University degree or college diploma with demonstrable mathematical aptitude (actuarial science/mathematics degree is an asset) and/or related work experience

Note: Only candidates authorized to work for any employer in Canada will be considered for this position

At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable law.

Buck welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

At Buck, we’re exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realize the best organizational performance for their businesses while driving positive health, wealth, and career outcomes for their people.