Associate, Defined Benefits Administrator

July 23 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Mississauga, ON • Full time

Job Description

Introduction

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.


How you'll make an impact

  • Ongoing administration of small/medium/large defined benefit pension plans
  • Calculate benefits (termination of employment, retirement, death, etc.) and prepare event statements in a timely and accurate manner
  • Prepare payment authorizations for retirements, terminations and deaths
  • Participate in the preparation of annual statements for active and inactive plan members
  • Calculate pension adjustments, pension adjustment reversals, and past service pension adjustments
  • Create/update process documentation related to assigned tasks/projects
  • Produce ad hoc reports
  • Perform user acceptance testing
  • Address quality issues as they arise
  • Maintain a high level of professionalism and sense of urgency to ensure client and/or participant expectations are consistently met
  • Manage workload and priorities in a high-pressure, high-volume environment
  • Ensure all work is peer reviewed
  • Back up and support other team members as required
  • Participate in training, special projects and other duties as assigned by the manager

About you

  • University degree or college diploma with demonstrable mathematical aptitude (actuarial science/mathematics degree is an asset) and/or related work experience
  • Experience in defined benefit pension plan administration an asset
  • Intermediate level proficiency in MS Word and Excel
  • Ability to meet deadlines
  • Strong accounting and mathematical skills
  • Proven relationship-building skills
  • Ability to handle and manage multiple tasks simultaneously
  • Client satisfaction focus and team-oriented work style
  • Ability to remain posed, patient, empathetic, tactful and composed while handling escalated issues
  • Solid oral and written communication skills – with particular emphasis on articulation and grammar
  • High ethical standards
  • Enjoy working in a fast-paced 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.

Apply now!

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