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- Overall governance and administration of all pension and benefits activities in Canada
- Communicating and coordinating 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
- Maintaining up-to-date records for members and vendors
- Determining entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, government legislation requirements and current service standards
- Authorizing payment of benefit entitlements and plan expenses from custodian, vendors, etc.
- Conducting peer reviews of pension calculation, authorizations and other documents prepared by vendor
- Ensuring monthly, quarterly, yearly reporting is completed including monthly financial reconciliations
- Participating in year-end activities, including annual enrollment, data updates, validations, reconciliations, annual pension statements, and actuarial valuation data
- Performing reconciliation of monthly contributions postings and reports
- Preparing and file relevant benefit and government forms
- Providing service support to internal customers - responding to benefits and pension inquiries from internal accounting, auditors, employees, retirees on plan provisions, status changes and other general inquiries
- Supporting and prepare Pension Committee materials (quarterly)
- Participating in ad-hoc projects such as audits and data clean ups
- Organizing workload to ensure services and regulatory deadlines are met
- Identifying process improvements and work with team to implement new procedures
- Providing MA&D support for CAN - benefit integration, baselining, etc.
- Additional tasks and projects for CAN and USA benefits as assigned
- Working independently and cooperatively as a member of country HR team to provide superior customer service in all benefits and pension matters to both, internal and external stakeholders
- Coordinating with benefits vendors, pension fund custodian, plan actuaries, plan auditors, lawyers, unions, employers, and other third-party representatives
- Dealing directly with Plan participants/members, spouses and beneficiaries regarding pension entitlements and Plan information
- Working cooperatively with co-workers in other administrative departments
- Using your expertise in pension and benefits to support governance and administration of all pension and benefits activities in Canada
- Minimum 5 years of benefits and pension administration/analyst experience
- Post-secondary education (preferably in Mathematics, Statistics, Actuarial Science) or completed courses related to benefits and pension administration
- Certified Employee Benefits Specialist (CEBS) designation is preferred
- Pension Plan Administration Cert (PPAC) is an asset
- Intermediate to advanced knowledge of Health and Flexible Benefits, Defined Contribution and Defined Benefit pension plans and provincial and tax legislation
- Experience reviewing pension calculations and member transactions
- Ability to lead projects by taking ownership and being accountable for assigned tasks
- Excellent and proven organizational skills, attention to detail and ability to document procedures and processes
- Excellent analytical skills
- Ability to meet legislative deadlines
- Strong verbal and written communication skills, with the ability to liaise with plan members, internal team members, and service providers
- Excellent work ethic and accountability
- Good understanding of actuarial concepts related to pension administration
- Good understanding of legislative requirements related to benefit and pension administration
- 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)
- Experience with Workday and Ceridian Dayforce, implementation experience a plus
- Bilingualism (English and French) is preferred
Pension and Benefits Specialist - Oakville, Canada - Siemens Healthcare Limited
Description
Do you want to join us in helping to fight the world's most threatening diseases and enabling access to care for more people around the world? At Siemens Healthineers, we pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.We offer you a flexible and dynamic environment with opportunities to go beyond your comfort zone to grow personally and professionally. Sound interesting? Then come and join our global team as a Pension and Benefits Specialist to work in a team environment which includes USA and Canada colleagues, will be responsible for the ongoing governance, administration and operations of flexible benefits, defined contribution and defined benefit pension plans. This includes peer review, data analysis and the development of process improvements to ensure accuracy and gain efficiencies.
Our global team : We are a team of 70,000 highly dedicated employees across more than 70 countries passionately pushing the boundaries of what's possible in healthcare to help improve people's lives around the world. As a leader in the industry, we aspire to create better outcomes and experiences for patients no matter where they live or what health issues they are facing. Our portfolio, spanning from in-vitro and in-vivo diagnostics to image-guided therapy and innovative cancer care, is crucial for clinical decision-making and treatment pathways.
Our culture : We are part of an incredible community of scientists, clinicians, developers, researchers, professionals, and skilled specialists pushing the boundaries of what's possible, to improve people's lives around the world. We embrace a culture of inclusivity in which the power and potential of every individual can be unleashed. We spark ideas that lead to positive impact and continued success. Check our Careers Site at https://www.siemens- .
This is a role well suited to an ambitious professional, looking for the next step in their career.
As a Pension and Benefits Specialist, you will be responsible for:
At Siemens Healthineers, we value those who dedicate their energy and passion to a greater cause. Our people make us unique as an employer in the med-tech industry. What unites and motivates our global team is the inspiration of our common purpose: To innovate for healthcare, building on our remarkable legacy of pioneering ideas that translate into even better healthcare products and services. We recognize that taking ownership of our work allows both us and the company to grow. We offer you a flexible and dynamic environment and the space to move beyond your comfort zone to grow both personally and professionally.
If you want to join us in transforming the way healthcare is delivered, visit our career site at:
https://www.siemens-
While we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.
Beware of Job Scams
Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Career site: https://jobs.siemens-
Siemens is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.
By submitting personal information to Siemens Canada Limited or its affiliates, service providers and agents, you consent to our collection, use and disclosure of such information for the purposes described in our Privacy Notice available at .
Siemens s'engage à créer un environnement diversifié et est fière d'être un employeur souscrivant au principe de l'égalité d'accès à l'emploi. Sur demande, Siemens Canada prendra des mesures d'accommodement raisonnables pour les personnes handicapées, dans le but de soutenir la participation des candidats dans tous les aspects du processus de recrutement. Tous les candidats qualifiés seront pris en considération pour ce poste.
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