- Communicate and coordinate with members, employers, union representatives, actuaries, auditors, custodians and any other third-party representative regarding benefit entitlements, data, administration procedures and interpretations of plan provisions.
- Maintain up-to-date records for members and clients.
- Determine entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, government legislation requirements and current service standards.
- Authorize payment of benefit entitlements and plan expenses from custodian.
- Work with senior members of the team during peer review process.
- Participate in yearend activities, including data updates, validations, reconciliations, annual pension statements, and actuarial valuation data.
- Prepare of client administration reports, if applicable.
- Identify process improvements and work with team to implement new procedures.
- Participate in other duties and projects, as assigned.
- Excellent and proven organization skills
- Strong mathematical and analytical.
- Excellent attention to details.
- Strong communication skills, written and oral.
- Excellent work ethic and accountability.
- Intermediate to Expert MS Excel skills (formatting, build/interpret pension calculators, data analysis functions).
- Intermediate to Expert MS Word skills (formatting, word merge and conditional wording).
- Learn by working alongside our experts
- Extended health care and dental benefits
- A retirement savings plan with company contributions
- A suite of Health & Wellness offerings
- Mental Health programs and support for you and your family
- Assistance for the completion of industry designations
- Competitive compensation
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Pension Administrator - Mississauga, Canada - People Corporation
Description
Job Description
We are seeking a Pension Administrator to join our BPA team in Mississauga.
A Pension Administrator works in a team environment and is responsible for the ongoing administration of their client's pension plans in compliance with plan rules, legislative requirements, and internal practices
The Pension Administrator will:
To be successful as a Pension Administrator with BPA, you will need:
All-star candidates will have:
What's in it for you:
At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.
About BPA:
BPA is a division of People Corporation and has served members and beneficiaries in their local communities since 1958. BPA is dedicated to providing a superior benefits experience to our members, businesses, and trusts in the local communities in which they live and operate.
Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.