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Pension Services Administrator
2 months ago
Position Overview:
At Marsh McLennan Companies, we are fostering an environment where you can express your true self at work. We value the unique contributions of every individual, regardless of background, appearance, beliefs, or identity. Inclusion is at the heart of our culture.
Role Summary:
We are currently seeking a Pension Administration Specialist to enhance our pension administration Client Services team.
Key Responsibilities:
- Collaborate within a team setting to deliver exceptional administration services to a diverse portfolio of clients.
- Ensure high-quality service and timely responses in all client interactions.
- Contribute to a company dedicated to improving the health, wealth, and careers of our clients and their employees.
- Engage in meaningful work that offers opportunities for professional growth and advancement.
Benefits of Joining Us:
- Be part of a reputable organization with a commitment to making a positive impact.
- Experience a culture that promotes belonging, innovation, and collaboration across our various business units.
- Enjoy competitive compensation, comprehensive benefits from day one, including medical, dental, vision, and retirement savings plans.
- Access generous paid time off, flexible work arrangements, and opportunities to give back to the community.
- Participate in Employee Resource Groups that connect you with leaders and provide mentoring opportunities.
Essential Duties:
- Work autonomously and collaboratively on projects to deliver accurate and efficient solutions.
- Adapt to changing standards and tools within the industry.
- Review pension plan documents to ensure accuracy in complex pension calculations.
- Maintain expert knowledge of relevant pension legislation across various jurisdictions.
- Prepare annual statements for plan participants and calculate necessary pension adjustments.
- Conduct peer reviews of year-end processes to ensure compliance and accuracy.
- Identify issues affecting accuracy and propose process enhancements.
- Provide training and guidance to client teams as a subject matter expert.
- Analyze regulatory summaries to ensure compliance with established standards.
- Uphold Mercer Professional Standards throughout all processes.
- Mentor junior team members to foster their development.
Qualifications:
- Strong analytical and organizational skills with meticulous attention to detail.
- Excellent communication skills, both written and verbal.
- Proficiency in Microsoft Office Suite, especially Excel and Word.
- A minimum of 5 years' experience in administering defined benefit pension plans.
- Familiarity with multiple legislative jurisdictions is preferred.
Preferred Attributes:
- Basic understanding of actuarial principles and a degree in mathematics, administration, or a related field.
- Bilingual proficiency in English and French is an asset.
