Job Information
AON Senior Associate - Defined Benefit, Pension Administration in United States
Senior Associate - Pension Administration
Are you looking for an opportunity to join a global leader in the professional services space? This could be the opportunity for you!
We are in search of a hardworking, motivated, diligent, and career-minded individual to join our Pension Administration team.
This is a hybrid role with the flexibility to work virtually and from our Toronto or Vancouver office.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over the sponsorship of an employment visa or work permit.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
The Senior Associate will be responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.
Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
Preparation and review of annual pension statements;
Read and interpret pension plan texts;
Quality control of year-end data input and verification of computer output;
Communication with clients regarding data, administration, and interpretation of pension plan text;
Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
Track team progress and coordinate with various departments to ensure service delivered on time;
Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
Assist with the development/maintenance of standard operation procedures;
Respond to member calls and facilitate requests;
Attend client meetings in a technical support role;
Liaise with trust company and plan auditors;
Maintenance of client records; and
Other duties as required.
How this opportunity is different
As part of a market-leading team, you will contribute to the creation of concrete results for our clients by applying innovative and effective solutions to support the pension administration team.
Skills and experience that will lead to success
2+ years working with Defined Benefit pension plans preferred;
Education in Math, Statistics, Actuarial Sciences and Finance;
Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
Oral and written communication skills and ability to work in a team environment;
Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
Thorough with sound pension administration and organizational skills;
Advanced Excel and a thorough knowledge of Word;
Client-service approach; and
Other assets include knowledge of the French language, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
#LI-AM3
#LI-HYBRID
2547590 Senior Associate - Pension Administration
Are you looking for an opportunity to join a global leader in the professional services space? This could be the opportunity for you!
We are in search of a hardworking, motivated, diligent, and career-minded individual to join our Pension Administration team.
This is a hybrid role with the flexibility to work virtually and from our Toronto or Vancouver office.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over the sponsorship of an employment visa or work permit.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
The Senior Associate will be responsible for quality service delivery for their Defined Benefit Pension clients and will require the ability to perform all functions necessary to ensure the continuous efficient operation of our clients' pension plan arrangements.
Calculate, peer review and authorize benefit entitlements on retirement, termination, death and marriage breakdown;
Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
Calculation and review of PAs, PSPAs and PARs and preparation of applicable filing forms;
Preparation and review of annual pension statements;
Read and interpret pension plan texts;
Quality control of year-end data input and verification of computer output;
Communication with clients regarding data, administration, and interpretation of pension plan text;
Preparation, review and filing of government forms including Annual Information Return, Form 7 and PBGF forms;
Track team progress and coordinate with various departments to ensure service delivered on time;
Assist with the set-up and testing of the system for new and existing clients according to the plan provisions and administrative requirements;
Assist with the development/maintenance of standard operation procedures;
Respond to member calls and facilitate requests;
Attend client meetings in a technical support role;
Liaise with trust company and plan auditors;
Maintenance of client records; and
Other duties as required.
How this opportunity is different
As part of a market-leading team, you will contribute to the creation of concrete results for our clients by applying innovative and effective solutions to support the pension administration team.
Skills and experience that will lead to success
2+ years working with Defined Benefit pension plans preferred;
Education in Math, Statistics, Actuarial Sciences and Finance;
Previous work experience in reviewing calculations and yearend tasks (PAs, Indexation, Annual Statements, etc.);
Knowledge of related provincial and federal pension legislation and Income Tax Act provisions;
Oral and written communication skills and ability to work in a team environment;
Experience with pension administration systems, strong spreadsheet competencies and math proficiency required;
Thorough with sound pension administration and organizational skills;
Advanced Excel and a thorough knowledge of Word;
Client-service approach; and
Other assets include knowledge of the French language, a relevant degree and the completion of CEBS, PPAC, CHRP or actuarial courses.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
#LI-AM3
#LI-HYBRID