Pension Administration

2 months ago

London, United Kingdom Marsh McLennan Companies Full time

Description:

At Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally – regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here. 

Mercer is seeking candidates for the following position:

Pension Administration - Senior Analyst

What can you expect?

The Senior Analyst works in a team environment as part of Mercer’s pension administration Centre of Excellence You will be part of a team who provide 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 will work for a company equally invested in the development of our own people You can rest assured a high value is placed on diversity and we work to foster understanding, inclusion, and innovation in the workplace You will be doing meaningful, challenging work, and can look forward to a career with many opportunities to learn, grow, and advance

What is in it for you?

A company with a strong brand and strong results to match, and are committed to making a difference in the lives of people A culture of belonging, innovation, collaboration, internal mobility, and extraordinary career opportunities through our four businesses: Marsh, Mercer, Guy Carpenter, and Oliver Wyman, each consistently ranked the industry leader in their fields Competitive pay (salary and bonus potential), full benefits package – effective starting Day 1 (Medical, dental, vision, STD/LTD, life insurance, RSP (Retirement Savings Plan) or TFSA (Tax Free Savings Account)) Generous paid time off for vacation, sick days, company holidays (with early dismissal), floating holidays, and time to give back to your community; flexible work culture Employee Resource Groups which provide access to leaders, relevant volunteer, and mentoring opportunities, and interactions with counterparts in industry groups and client organizations

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 client's 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:  

1-3 years of pensions experience Financial and/or mathematics background Strong analytical and organization skills, thoroughness, and attention to detail Excellent written and verbal 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:

Bachelor's degree in a related field such as finance, actuarial science, mathematics, or business administration Prior experience working with defined benefit pension plans Prior experience working in an actuarial firm

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