Analyst, Pension Administration - Toronto, Canada - WTW

WTW

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Our Retirement team provides expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.

The complexity, costs and risks associated with employee benefits pose an increasing threat to business performance.

An enterprise-wide strategy for managing benefits gives our clients the framework to develop programs that work in concert to help attract and retain top talent in a cost-effective manner so they can offer benefits that give them a competitive edge while meeting the needs of their employees.

Note:
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

As a Pension Administration Analyst, you will contribute as part of a team to provide general administration support and basic pension administration tasks.

You will perform recurring plan administration services and work assignments for clients' defined benefit plans under the supervision of senior analysts and work with the client service delivery team as well as interface with clients to answer questions, resolve issues and complete projects.

Perform with guidance from other team members, routine and recurring plan administration tasks for clients' defined benefit plans (e.g., benefit calculations, annual data updates, assist with preparation of benefit statements)
Work cooperatively with other team members (WTW plan administrators, actuaries) to complete tasks and to ensure unified delivery of services
Gain a thorough understanding of the plan design (e.g., benefit formulas, options, eligibility)
Follow and update documentation materials as directed to maintain complete accurate work papers and audit trails
Learn and use Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
Serve as a contact with clients' human resources personnel
Adhere to plan documents and government regulations in administering plans
Actively participate in team meetings and training activities
Be accountable to team members for agreements and commitments

The Requirements

Bachelor's or Master's degree in mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
Solid mathematical and analytical skills
Work experience that demonstrates strong technical and/or client service skills
Passion for solving problems and sharing solutions to exceed the standards of the client
Ability to be a selfstarter and work independently, but also cooperatively in a close team environment
Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
Excellent Microsoft Office skills, particularly in Excel

**Equal Opportunity Employer