Pension Specialist

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

• Act as subject-matter expert for UAPP plan provisions and calculation rules.
• 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 compliance with pension documents and legislation.
• Review legal documentation related to Power of Attorneys, Executors, Trustees/Guardianship, and Interspousal Agreements, and communicate the acceptance or rejection of documentation.
• Provide peer review on all year-end process – i.e. Pension Adjustments, Pension Adjustment Reversals, Past Service Pension Adjustment, membership reconciliations, fund reconciliations, annual statements, Annual Information Returns.
• Coordinate and test system updates/changes to the YMPE, salary cap, actuarial assumptions, and contribution rates.
• Provide peer review of any work related to optional service and leave of absence applications and other complex calculations.
• 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.
• Manage relationships with systems’ providers and coordinate any systems’ related issues with employers and UAPP staff.
• Assist the Chief Operating Officer in developing calculation templates.
• Assist in the development and enhancement of employers’ and members’ communications including process maps, manuals and other documentation and ensure compliance with legislation and UAPP branding.
• Deliver 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.
• Identify opportunities for process efficiencies across all pension administration activities.
• Attend and participate in the Pension Benefits Administration User Group’s meetings.
• Perform other duties, as required.

Required Qualifications

• Completion of post-secondary education preferably in Mathematics, Finance, or Administration
• Minimum 10 years’ previous 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.
• Exceptional communication and interpersonal skills with the ability to foster a positive team environment and provide excellent customer service to all stakeholders.
• Results driven with critical thinking skills.

Preferred Qualifications

• Proficient in adopting and using technology as a tool in the workplace
• Strong organizational and time management skills, with strong attention to detail.
• Ability to manage multiple priorities, meet deadlines and adapt to changing needs.
• Ability to work independently and with minimal supervision

Work Location

#1850, 10303 Jasper Avenue Edmonton, Alberta T5J 3N6

Work Arrangement

Hybrid, with a minimum of three (3) days per week in the office

Please click "apply" or send your application to ***email_hidden*** with the subject line "Pension Specialist Application".

This competition will remain open until a suitable candidate is found.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.