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About the Role
The Pension Analyst will work within a team to provide quality client-focused administrative services for Corporate clients, administering Defined Benefits (DB) pension plans and offering a wide range of service models to meet unique client needs. This role supports the administration of pension plans and provides analytical and administration support, responding to plan inquiries, assisting with benefit calculations and payments, and reconciling plan assets and memberships.
Responsibilities
- Respond to plan inquiries and requests from clients promptly and professionally
- Assist in calculating and processing timely payment of termination, retirement, and death benefits for simple plans
- Support the consulting team in fostering strong relationships with clients
- Help coordinate information flow between clients and trustees
- Assist in reconciling plan assets and plan memberships
- Support the preparation of year-end annual pension statements
- Assist in preparing membership and asset data for actuarial valuations
- Apply and interpret basic pension benefit calculations in accordance with plan provisions and legislative requirements
- Work with pension databases to ensure data accuracy
- Attend internal training sessions to stay updated on industry trends and topics
- Participate in client meetings and presentations to add value
- Assist with special projects as required to support team goals
Requirements
- A keen interest in pension administration and a desire to learn
- Post-secondary education (preferably in Mathematics, Statistics, Actuarial Science) or relevant courses related to Pension Administration
- Basic knowledge of Defined Benefit pension plans and provincial pension and tax legislation (an asset, but not required)
- Strong analytical and mathematical skills
- A strong client service focus with exceptional professional acumen
- The ability to manage multiple tasks simultaneously with ease
- Excellent communication and interpersonal skills
Skills
- Pension administration
- Defined Benefit pension plans
- Provincial pension and tax legislation
- Analytical skills
- Mathematical skills
- Client service
- Communication skills
- Interpersonal skills
Location
- Remote
- In-office
- Hybrid
Work Type
- Full-time
Experience Level
- Entry-level
Education Level
- Post-secondary education
Salary/Compensations
- $39,900 - $74,100 CAD Annual
Benefits
- Comprehensive total rewards package highlighting competitive salary and bonus structures
- Minimum 3 weeks of vacation
- Flexible benefits plan
- Flexibility to work in-office, virtually or a combination of both
- Generous company matched pension
- Opportunity to give back to communities
- Career growth and learning & development opportunities
About the Company
- TELUS Health is empowering every person to live their healthiest life by leveraging leading-edge technology and focusing on individual uniqueness to create the future of health.
- The TELUS Health Retirement Consulting practice has over 60 years of experience in pension & savings, actuarial, compensation, and financial well-being consulting and outsourcing.
- We are one of the largest pension plan administrators in Canada, serving over five million plan participants.
- We are a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good.
- We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world.
Equal Opportunity
- TELUS is proud to foster an inclusive culture that embraces diversity.
- We are committed to fair employment practices and all qualified applicants will receive consideration for employment.
- We offer accommodation for applicants with disabilities, as required, during the recruitment process.