Job Details
Pension Administration Specialist (5671)

Job Posting

Pension Administration Specialist
Organization:  Universities Academic Pension Plan
Province:  Alberta
Location:  Edmonton
 
Salary: 
Description:

This position reports to the Chief Operating Officer, collaborates with other members of the UAPP team to foster a culture of discipline and determination, and serves as a Subject Matter Expert by delivering technical expertise on pension administration and compliance, reviewing implemented programs, and supplying best practices and improvement suggestions on processes and systems.

Duties and Responsibilities:

  • Analyze pension plan documents to complete or provide peer review of pension calculations (retirement, termination, pre-retirement death, post-retirement death, and family property calculations) performed by others ensuring accuracy against and/or compliance with pension documents and legislation.
  • Lead pension year-end processes and reconciliation such as annual member statement issuance for all member groups, contribution reconciliations, etc.
  • Provide support to the Pension Officer in the completion of optional service and leave of absence applications.
  • Assist in preparing reports on plan administration and service provider’s performance metrics.
  • Carry out quality assurance reviews of pension data to ensure data integrity.
  • Assist in the development and enhancement of employers’ and/or members’ communications including process maps, manuals and other documentation and ensure compliance with legislation and UAPP branding.
  • Act as backup to the Pension Officer in delivering pension information sessions to employers and members.
  • Manage employer onboarding training and member portal access instructions.
  • Ensure all Plan benefits are compliant with applicable legislation, Plan terms and conditions, and internal administrative practices and policies.
  • Provide mentorship to junior administrators.
  • Work independently and as a team member with minimal supervision on assigned projects to generate accurate and efficient solutions.
  • Provide prompt and courteous service to Plan members, retirees, and other stakeholders.
  • Attend meetings, as required.
Requirements:

 

  • Post secondary education and a minimum of 5 years of pension administration experience.
  • Certified Employee Benefit Specialist (CEBS) designation or working towards would be considered an asset.
  • Strong understanding of the principles, concepts, and practices of pension plan administration, including the relevant acts, legislation, and guidelines related to pension plans.
  • Proficient in adopting and using technology as a tool in the workplace.
  • Advanced analytical and critical thinking skills.
  • Strong organizational and time management skills, with strong attention to detail.
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