Job Details
Pension Analyst, Ministry and Employment Unit (5402)

Job Posting

Pension Analyst, Ministry and Employment Unit
Organization:  The United Church of Canada
Province:  Ontario
Location:  Toronto
 
 
Description:

The United Church of Canada is a Christian community of faith and hope, called to celebrate God’s presence and to love and serve others.  We act in cooperation with others for peace, justice, care for creation, and the healing the world. Within the United Church the General Council Office supports the mission and ministry of the communities of faith and regional councils.  It is the denominational expression of The United Church of Canada, working ecumenically and in global partnership.

The Ministry and Employment Unit ensures that the employment, compensation, and pastoral relations policies established by the General Council are upheld and that federal/provincial employment standards are met.  It oversees both the pastoral charge and the General Council Office and regional council staff payroll services and is responsible for the governance and administration of the Pension Plan of The United Church of Canada. The Office of Vocation, which is responsible for the assessment, candidacy and accreditation of ministry personnel, the standards of practice and ongoing oversight and, when necessary, discipline, of ministry personnel, is nested within the unit.

The Ministry and Employment Unit of The United Church of Canada is seeking an individual to fill the role of Pension Analyst, on a full-time (35 hours/week) permanent basis.

The Pension Analyst is responsible for providing subject matter expertise in defined benefit pension administration and related technical matters (e.g., plan text, pension legislation) to support the operations team. They support the pension administration systems with good data practices and controls to support maintenance of high-quality data, managing the collection, storage and reporting of data from the pension administration systems in conjunction with 3rd party providers. This position applies “business” uses to the data, e.g., how it is used in calculations or defining a member’s eligibility. The main areas of focus are:

  • Data Management: Maintain integrity of plan participant data to ensure retirement plan information is accurate and administered in accordance with plan provisions and government regulations; Responsible for data analysis, validations, and handling; Perform data reconciliations; Prepare and/or participate in government filings, plan audits, and other tax-reporting requirements, as necessary; Manage and perform, as required, data components to support year end tasks (i.e. pension statements, pension adjustments, actuarial valuation extracts) including data integrity, historical legacy information and coordination with various service providers; and Ensure that the data flows between systems appropriately and that data integrity is maintained.
  • Pension Administration: Provide support to the Team Leader/Project Manager, Pension and Benefits and Manager, Pension and Benefits Administration to ensure the efficient administration of the pension plan through best practices that result in efficient service to plan members; Review and approve defined benefit pension calculations (e.g., retirement, termination) prepared by pension administrators for accuracy and timeliness. They will perform pension calculations as required; Identify and validate underlying pension plan data elements required to calculate benefits ensuring compliance with the plan document; Validate and authorize exceptional circumstances requiring manual calculations, and exercises judgment in these complex situations; Escalate issues to the Team Leader/Project Manager, Pension & Benefits or Manager, Pension and Benefits Administration, as needed; Recommend policy changes and support maintenance of the administration policy manual to be responsive to member needs within administrative realities; and Maintain compliance with pension legislation, regulatory and internal processing requirements.

As part of our ongoing commitment to the Accessibility for Ontarians with Disabilities Act, The United Church of Canada will provide assistance to employees who request accommodation throughout their employment with United Church of Canada, unless the position is deemed to be a bona fide occupational requirement and/or to the point of undue hardship considering issues of health, safety and cost.

Working Conditions: This is a remote position working from home. The incumbent must be available to work from the General Council Office, in Toronto, Ontario, up to 4 times a year, as requested. Sitting and viewing a computer screen for long periods, keyboarding/using voice recognition software, intermittent physical activity including sitting, standing and being on the phone for long periods of time will be required. Occasional overtime may be required.

Compensation: Salary will be based on skills and experience, within the category 6 salary range of $57,451.54 - $76,601.61. Pension and group benefit plans coverage and annual vacation round out this compensation package.

How to Apply: Interested applicants are invited to submit their resume, quoting job number 22-57 to Human Resources e-mail: [email protected]

Requirements:

  • University degree in actuarial science or mathematics; Successful completion of at least one actuarial exam;
  • 4-6 years of experience in the administration of defined benefit pension plans in a large national organization or in the consulting field working with national organizations (multi employer plans preferred);
  • Expert knowledge of pension legislation in all provinces and able to keep up to date with legislative changes;
  • Experience managing data in delivering pension administration services and how the data is used, e.g., in calculations or determining eligibility;
  • In-depth expertise working with pension analysis, including detailed understanding of provincial and federal legislation as it relates to pension plans;
  • Skilled in connecting application of policy requirements to data requirements;
  • Critical thinking skills with exceptional analytical and problem-solving skills and attention to detail including implementation and execution of resolutions.
  • Ability to analyze and interpret complex information and make decisions using sound judgment and reasoning;
  • Combination of excellent analytical and mathematical skills;
  • Strong communication and interpersonal skills for dealing with both internal and external contacts at a senior level;
  • Demonstrated ability in problem solving;
  • Strong organizational skills with the ability to prioritize;
  • Self-directed with the ability to meet legislated deadlines, high work volumes, complex procedures, and accuracy;
  • Proficient user of all Microsoft Office applications, with advanced knowledge of Excel (expertise in working with and manipulating large data files);
  • Project management experience;
  • Experience preparing government filings;
  • Alignment with the vision and values of The United Church of Canada.
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