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Marsh McLennan

Pension Administration - Senior Analyst

Posted 6 Days Ago
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2 Locations
Junior
2 Locations
Junior
As a Senior Analyst in Pension Administration, you'll calculate benefits, manage client databases, respond to inquiries, and participate in complex pension plans.
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Company:Mercer

Description:

We are seeking a talented individual to join our Pension Administration team at Mercer as Pension Administration - Senior Analyst (French Bilingual). This role will be based in Montreal. This is a hybrid role that has a requirement of working at least three days a week in the office.

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 also 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.

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 and annual information returns

  • Understand the provisions of the plans and the various applicable laws

  • Calculate pension adjustments (PA), pension adjustment reversals (PAR), and past service pension adjustments (PSPA)

  • Respond to clients and members’ inquiries

  • Administer plans that may contain complex features (flexible plans, executive plans, hybrid plans, etc.)

  • May be involved in various special projects, including plan termination, early-retirement program, pension indexation, implementation of new plan provisions, etc.

What you need to have: 

  • Bachelor's degree in a related field such as finance, actuarial science, mathematics, or business administration

  • 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:

  • 1-3 years of pensions experience

  • Prior experience working with defined benefit pension plans

  • Prior experience working in an actuarial firm

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. In accordance with applicable legislation, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact [email protected]

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Top Skills

Excel
MS Office
Pension Administration Systems

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