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    Total Rewards Specialist - Toronto, Canada - Lead Search Group Inc.

    Lead Search Group Inc.
    Lead Search Group Inc. Toronto, Canada

    3 days ago

    Default job background
    Non-profit / Volunteering
    Description

    We are recruiting for a Total Rewards Specialist (1 year contract) to join our client in Toronto Reporting to a Senior Manager, this role will play a critical role in organization and work as a key member of the HR team. The successful candidate will be responsible for administering the organization's Pension and Benefits programs, and will demonstrate a high level of professionalism, composure, flexibility, and confidentiality.

    Key Responsibilities:

    • Collaborate with the HR team to achieve strategic priorities and provide integrated HR solutions

    Pension Administration

    • Manage member enrolments, retirement, leave, employment status changes, terminations, etc.
    • Track plan membership information and update the pension plan custodian of changes.
    • Calculate annual Pension Adjustment calculations annually.
    • Maintain member personal data in Dayforce for pension administration.
    • Assist in compiling information for the annual pension financial statement audit.
    • Assemble and distribute annual statements and other information to pension members.
    • Provide support to Finance regarding pension administration.
    • Track staff reaching age 65 and 71 and those on LTD eligible for pension.
    • Coordinate with CAAT and life insurance/benefits providers upon a retiree's death.
    • Assist in preparing material for annual pension statements.

    Benefits Administration

    • Administer current Group Benefits enrolments, changes, and terminations.
    • Ensure benefit rates in HRIS are current, and accurately calculate benefit deductions.
    • Prepare monthly reconciliations and remittances for benefit providers.
    • Use HRIS to monitor retirement dates and contract terms.
    • Calculate benefits for new hires, salary changes, leave, etc.
    • Communicate with Benefit Providers regarding employee coverage changes and personal information updates.
    • Assist employees with benefit plan cost inquiries and changes to their information/coverage.
    • Investigate and respond to inquiries from benefit providers.
    • Administer Post-Retirement Benefits.
    • Process group benefits monthly billing.
    • Report earnings to insurance carriers for employees on LTD
    • Assist retirees with changes in plan coverage.
    • Provide annual medical benefits information to retirees for tax purposes.

    Additional Responsibilities:

    • Identify continuous improvement opportunities.
    • Provide administrative support for special projects as needed.
    • Represent the department on committees.
    • Perform other duties as required.

    Qualifications:

    • Bachelor's Degree in Business Administration, Commerce (or related field OR equivalent education and experience).
    • 5+ years of related experience in pension and benefits administration.
    • Experience with Defined Benefit pension plans.
    • CEBS and/or PPAC certification would be an asset.
    • Strong attention to detail and organizational skills.
    • Excellent interpersonal, oral, and written communication skills.
    • Ability to handle confidential information with discretion.
    • Proficiency in Microsoft Office applications and HR systems.
    • French language skills considered an asset.
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