Pension Calculation and Operations Analyst

Are you a hands-on Pension Analyst looking to join a large in-house retirement operations team at one of the world’s most admired companies? Come make a difference in our team

As a Pension Calculation and Operations Analyst within the Pension Operations team, you will combine your in-depth knowledge of Defined Benefit plans with a strong commitment to collaboration, innovation, and client service. You will perform a variety of benefit calculations, engage in data gathering and validation, ensure regulatory compliance, and communicate with both plan participants and internal teams. This role offers the opportunity to work in a fast-paced environment and provide a best-in-class client/customer experience.

Job responsibilities

• Provide information and advice on plan documentation discrepancies and/or guidelines, e.g., data, provisional, or other plan/client issues
• Research and validate participants in accordance with plan rules and regulations
• Determine pension benefit payable to participants and/or surviving beneficiaries
• Research plan discrepancy issues and review plan document provisions for benefit calculations
• Analyze, review, and guide Pension Operations teams to the resolution of escalated client or participant issues
• Collaborate with actuary as needed
• Analyze, research, and resolve complex issues as assigned
• Understands importance of compliance, accuracy, and confidentiality in the work

Required qualifications, capabilities, and skills

• Technically inclined with application experience and competence, including proficiency with various Defined Benefit Plan structures, complex calculations, and data
• Strong mathematical and analytical skills, including working experience with data analytics and confident in reviewing, validating, and managing large sets of data
• Ability to balance, prioritize multiple projects and understanding of risk management and time management
• Critical thinking and problem-solving skills
• Attention to detail and strong written and verbal communication skills

Preferred qualifications, capabilities, and skills

• Bachelor's degree or equivalent work experience
• 5+ years of defined benefit/pension plan administration experience, including performing and reviewing benefit calculations
• Experience with Cash Plan and traditional Final Average Pay benefit structures preferred 
• Experience in Project Management and/or Analytics
• Experience in financial analysis, data management and data quality are an asset