Pension Analyst (5106)

Job Posting

Pension Analyst
Organization:  University of Saskatchewan
Province:  Saskatchewan
Location:  Saskatoon
 
 
Description:

Pension Analyst

People and Resources

Exempt SB2

University of Saskatchewan

The University of Saskatchewan's pension plans help faculty and staff create financial security in retirement. The Pension Office administers five pension plans for eligible members and is responsible for the overall effective and efficient administration of the plans.

Primary Purpose:

The Pension Analyst provides analytical support to ensure the university’s pension and retirement savings plans are administered responsibly, accurately and reliably. As the Analyst, you will be responsible to provide timely, accurate analysis and information to key stakeholders, support plan members, and participate as part of our dynamic team in serving the needs of our university community.

Nature of Work: This position plays an integral role in the governance and administration of the pension plans at the University and reports directly to the Manager, Pension and Benefits, as well as collaborating with a team of pensions and benefits specialists.  You will thrive in an environment where you can apply your analytical and critical thinking skills to complex pension issues. With 6000 plan members and five unique pension plans, our Pensions Office is a fast paced environment and will require you to prioritize effectively while also ensuring great customer service.  An understanding of defined benefit and defined contribution pension plan administration and governance is required.  You will also perform a variety of duties to support pension administration and strategic functions and will require well developed organization and project management skills.

Accountabilities:

  • Ensures reliability and accuracy of the pension administration system.
  • Assists with coordination, documentation and implementation of ongoing project plans related to pensions.
  • Assists in monitoring and reviewing policies and practices to ensure governance expectations and compliance issues are being met.
  • Ensures stakeholders including Manager, Pension and Benefits, university departments, members of the pension plans and external consultants receive timely, accurate reporting to support development decisions.
  • Performs and/or reviews pension plan calculations to ensure accurate information is being provided to plan members.
  • Communicates with and provides one-on-one support to pension plan members to ensure plan member needs are being met.
  • Communicates and liaises with related external parties including trustees, record keepers, actuaries and consultants to ensure needs of pension plan stakeholders are being met.
  • Understands pension legislation to ensure compliance with federal and provincial legislation.
  • Understands the pension administration environment, including defined benefit and defined contribution pension plans.
Requirements:

Qualifications
Education: An undergraduate degree in business administration, accounting, finance or a related field. A combination of education and experience may be considered.

Experience: Three or more years of experience with pension plan administration, preferably in a large, diverse, dynamic and collaborative environment. Knowledge of defined benefit and defined contribution pension plans and applicable pension legislation is considered an asset.

Skills:

  • Strong research, analytical, planning and problem solving skills
  • Versatile and self-directed
  • Demonstrated ability in Microsoft Office application, with advanced spreadsheet applications and functions;
  • Effective and exemplary communication and customer service skills
  • Exceptional organizational skills
  • Ability to work effectively as part of a diverse, collaborative team