Pension Analyst, Defined Benefits Administration,

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Job Description - Pension Analyst, Defined Benefits Administration,

About Us: Embark on a journey of meaningful impact with Buck Canada, where a century of experience meets a world of possibilities. As we redefine the landscape of HR, pensions, and employee benefits consulting, you'll be at the forefront of transformative solutions. Join us, and together, we'll create a future where businesses and individuals thrive, and aspirations know no boundaries. We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply. Overview: Buck, a Gallagher company, opens doors to a world of boundless opportunity and innovation. As part of our integrated team, you'll immerse yourself in the exciting journey of serving HR departments and trustees across diverse industries. Together, we'll build pathways to a brighter future for clients worldwide, harnessing the power of collective brilliance and shaping careers that ignite passions. Our integrated HR consulting, benefits administration and technology services allow us to deliver on the many needs of our clients by drawing on our strength, diversity, and experiences in creating positive outcomes. Buck is an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm. Founded more than 100 years ago as an actuarial consultancy, we’ve evolved to serve organizations and trustees across the health, wealth, and career spectrum. With the ultimate goal of securing the futures of our clients’ employees and members, we develop tech-enabled programs that engage individuals and drive organizational performance. Our award-winning engagement solutions and people-first approach empower the world’s most forward-thinking organizations to protect the physical and financial wellbeing of their employees and members and improve how their people work and live. Responsibilities: As a Data Analyst, Defined Benefits Administration, reporting to the team manager, you will perform a wide range of day-to-day and cyclical defined benefit plan administration services and provide ad hoc client support, while also supporting less experienced associates. You will be exposed to excellent growth and development opportunities to enhance your defined benefit administration expertise. Key Responsibilities Collect, manipulate, reconcile, and review participant data – identifying and resolving issues as theyarise Calculate various types of benefits and prepare event statements and payment authorizations froma pension administration system or manually Prepare annual member statements Calculate PAs, PARs, and PSPAs Perform all work in accordance with rigorous quality control and audit requirements, maintaining complete audit trails Interpret and apply the provisions of the plans and the various applicable laws Create/update process documentation Produce ad hoc reports Perform user acceptance testing Recognize and raise quality issues to the manager in a timely manner Maintain a high level of professionalism and sense of urgency to ensure client and participant expectations are consistently met Manage workload and priorities in a high pressure, high volume environment Back up and support other team members as required Participate in training, special projects and other duties as assigned by the manager Qualifications: Previous defined benefit administration experience considered an asset. Previous experience with data analysis and reporting. Strong proficiency in Microsoft Excel Strong analytical and problem-solving skills Proven attention to detail Professional client-focused manner and diplomacy Ability to organize, set priorities, manage multiple and changing priorities in a fast-paced and team-oriented environment Compensation and Benefits: On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve: Flexible medical & dental coverage to meet your household's needs Life, Dependent Life and AD & D Insurance options Retirement savings including RRSP including a company match, TFSA, pension and more Employee Stock Purchase Plan Other benefits include: Educational expense reimbursement Employee assistance programs Discounted gym membership (GoodLife Fitness) Opportunity for flexible work arrangements Paid sick days & personal days Paid Time Off to Volunteer Employee education recognition program Employee referral bonus program LifeWorks Employee Assistance Program Matching Gift Program We value inclusion and diversity Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. We are an equal opportunity employer which values diversity in the workplace and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
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