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Sun Life Financial, Inc.

DB Pension Administration Manager

Reposted 4 Days Ago
Be an Early Applicant
In-Office
3 Locations
Senior level
In-Office
3 Locations
Senior level
Manage the administration of defined benefit pension plans, providing subject matter expertise, ensuring compliance with legislation, and supporting continuous process improvement.
The summary above was generated by AI

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

As a member of the Defined Benefit Administration team, the Manager will be responsible for the ongoing administration of some of Sun Life’s key pension plan clients for Group Retirement Services.  The Manager will work in partnership with the Client Relationship and Operations teams to support various tasks related to those clients.

What will you do?

  • Act as subject matter expert on the administration of defined benefit pension plans

  • Engage in cross-functional planning, execution and validation of tasks related to defined benefit pension plan administration

  • Calculate and validate benefits related to life events in accordance with applicable legislation

  • Take part in the production and verification of annual statements

  • Provide support to the DB Operations team on plan rules and other complex matters

  • Take part in the various quality control and audit processes

  • Review and analyse quotes, plan rules and data to ensure that information is complete and accurate

  • Manage all aspect of the data upload to the source system to on board all plan members

  • Support and suggest continuous process improvement ideas

 What do you need to succeed?

  • University degree in actuarial science or related field of study

  • Minimum of 7 years of experience in Defined Benefits or Group Retirement Services

  • As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwide.

  • Expertise in working with large volume of data in Microsoft Excel

  • Excellent client-centric service skills

  • Analytical and problem-solving skills

Why should you join us under the sun?

  • An environment of continuous learning, development, and improvement

  • Flexible Benefits from the day you join to meet the needs of you and your family

  • Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making contributions.

  • As a hybrid organization, you and your leader use business and Client needs to choose where you work, at home or in the office

#LI-Hybrid

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.  

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to [email protected].

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

90,000/90 000 - 140,000/140 000

Job Category:

Actuarial

Posting End Date:

25/02/2026

Top Skills

Excel

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