Group Annuity Analyst - Toronto, Canada - BMO Financial Group

BMO Financial Group

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

60 Yonge Street Toronto Ontario,M5E 1H5

Reporting to the Head, Client Relations & Operations, Group Retirement Solutions, the Group Annuity Analyst will support administrative requirements and collaborate with different teams to ensure the smooth operation of the group annuity business.

What will you do?

Answer annuity inquiries and provide accurate information to annuitants regarding their pension entitlements (annuity certificate)
Answer annuity inquiries and provide accurate information to various internal parties (Finance, Pricing, CSD, External vendor) regarding annuitant payments and/or pension entitlement, plan provision, etc.
Prepare data requests for plan sponsors and pension consultants
Monthly reconciliation of premium deductions, secondary insurer payments, etc.
Monthly reconciliation of buyin payments, and prepare and submit monthly wire payment requests
Responsible for ensuring annuitant records are uptodate by working with third party vendor
Conduct critical errors check on bimonthly payment files
Support for onboarding of new pension plans
Assist with all other administrative requirement to ensure smooth operation
Feed suggestion regarding ways to improve and automate administrative processes and implementing processoriented solutions

Qualifications:

Typically between 12 years of relevant pension administration experience
Knowledge of pension regulations is an asset

PPAC

Pension Plan Admin Certificate is an asset
Strong knowledge of SQL and Excel VBA is a requirement
Knowledge of Python is an asset
English/French bilingualism is an asset
Excellent verbal & written communication skills
Is self motivated and organized

We're here to help
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact.

We strive to help you make an impact from day one - for yourself and our customers.

We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.