Defined Benefit Pension Administrator

Company:

Mercer

Description:

Mercer is seeking Defined Benefit Pension Administrator to join our team in Toronto.

This is a hybrid position that requires presence in the office for at least 3 days a week.

The pension administrator works in a team environment as part of mercers pension administration centre of excellence.

You will be part of a team that provides high-quality administration service to a portfolio of clients demonstrating outstanding and timely customer service in all dealings with client contacts. You will be part of a company committed to enhancing the health wealth and careers of the clients we serve and their employees and you will work for a company equally invested in the development of its own people.

We will count on you to:

• Calculate pension benefits and prepare statements resulting from various events (termination of employment retirement death marriage breakdown transfer etc.)
• Update clients database (data request and validation use of various systems/databases data processing and accrual of benefits and other pertinent information reconciliation of membership etc.)
• Prepare annual statements for plan members
• Calculate pension adjustments (PA) pension adjustment reversals (PAR) and past service pension adjustments (PSPA) and pension indexation
• Respond to clients and members inquiries

What you need to have:

• Financial and/or mathematics background
• Hands-on experience in a Defined Benefit (DB) pension administration role
• Strong analytical and organization skills thoroughness and attention to detail
• Excellent written and oral communication skills
• Ability to work in teams accountable and resourceful
• Strong proficiency in Excel and working knowledge of the MS Office suite

What makes you stand out:

• Bachelors degree in a related field such as finance actuarial science mathematics or business administration
• Bilingual (English/French)
• Work experience with defined benefit pension plans

Why join our team:

• We help you be your best through professional development opportunities interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues clients and communities.
• Our scale enables us to provide a range of career opportunities as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH) a global leader in risk reinsurance and capital people and investments and management consulting advising clients in 130 countries. With annual revenue of over $27 billion and more than 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer visit or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background disability ethnic origin family duties gender orientation or expression marital status nationality parental status personal or social status political affiliation race religion and beliefs sex/gender sexual orientation or expression skin color or any other characteristic protected by applicable accordance with the Accessibility for Ontarians with Disabilities Act 2005 Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individuals particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact

Marsh is committed to hybrid work which includes the flexibility of working remotely and the collaboration connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.

The applicable base salary range for this role is $56000 to $84000.

The base pay offered will be determined on factors such as experience skills training location certifications education and any applicable minimum wage requirements. Decisions will be determined on a case-by-case addition to the base salary this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits tuition assistance retirement programs as well as employee assistance programs.

This is a Replacement position.