Pension Advisor - Montréal, Canada - Canadian National Railway

Canadian National Railway

Verified Company

Montréal, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

At CN, everyday brings new and exciting challenges.

You can expect an interesting environment where you are part of making sure our business is running optimally and safely―helping keep the economy on track.

We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference.

You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us

Job Summary

CN sponsors one of the largest corporate DB pension plans in Canada.

The Pension Advisor is involved with the management of CN's Canadian and US Defined Benefit (DB) and Defined Contribution (DC) pension plans.

The incumbent will work closely with the pension managers to ensure that the plans are appropriately funded, governed, administered, and kept compliant.

The Pension Advisor will also support any work done around plan design and risk management strategies.

Main Responsibilities

Involved in the general management of DB and DC pension plans
Participates in the governance of all plans
Responsible for regulatory filings
Coordinates the various pension committee meetings and their agenda
Responsible to ensure that plan documents are uptodate and in compliance with applicable legislation
Assist in the management of services and fees of providers such as actuarial consultants, third party administrators and pension trustees
Involved in retirement calculations and annual processes
Involved with the monitoring of plan administration
Assist with the management of the resolution of special or complex administration matters
Prepare internal actuarial valuation estimates, pension costings and liability analysis for review by the pension managers
Closely involved with the analysis, pricing and implementation of changes related to plan design
Involved with the development and creation of communication and education strategies for plan participants
Participate in pension funding decisions, plan design reviews and risk management strategies with Human Resources, Finance and Treasury functions and with the CN Investment Division
Provides support with the review of fund managers and investment fund line up for DC plans
Participates in the development of longterm pension strategy

Working Conditions

The role has standard working conditions in an office environment with a regular workweek from Monday to Friday. Due to the nature of the role, the incumbent must be able to meet tight deadlines and handle pressure. The role requires mínimal travel (approximately once per year) in Canada or US.

Requirements:

Experience

Specialty Pension Management

Minimum 5 years of experience in pension management

Education/Certification/Designation

Bachelor's Degree in Actuarial Science or equivalent
Associate or Fellow of the Society of Actuaries (SOA) and the Canadian Institute of Actuaries (CIA)
Any designation for these systems above would be considered as an asset

Competencies

Follows safety procedures, information security instructions and Environmental, Social and Governance (ESG) principles to lead by example
Develops solutions that aligns with customers' expectations to increase satisfaction
Shares timely information within and across functions to get things done effectively
Collaborates with key internal stakeholders to enable higher productivity
Makes informed and timely decisions to get things done
Applies analytical thinking to make recommendations that pursue sustainable performance
Deals with pressure and change by staying calm to quickly adapt to changes
Fluently bilingual both written and verbal (English, French)

Technical Skills/Knowledge

Knowledge of Microsoft Office : Excel, Word, PowerPoint and Outlook

About CN
CN is a world-class transportation leader and trade-enabler.

Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.

As the only railroad connecting Canada's Eastern and Western coasts with the Southern tip of the U.S.

through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919.

CN is committed to programs supporting social responsibility and environmental stewardship.

At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.