Data Analyst, Defined Benefits Administration, (12 Month Contract)

May 6 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Mississauga, ON • Full time

Job Description

Embark on a journey of meaningful impact with Buck Canada, where a century of experience meets a world of possibilities. As we redefine the landscape of HR, pensions, and employee benefits consulting, you'll be at the forefront of transformative solutions. Join us, and together, we'll create a future where businesses and individuals thrive, and aspirations know no boundaries.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.


Overview

Buck, a Gallagher company, opens doors to a world of boundless opportunity and innovation. As part of our integrated team, you'll immerse yourself in the exciting journey of serving HR departments and trustees across diverse industries. Together, we'll build pathways to a brighter future for clients worldwide, harnessing the power of collective brilliance and shaping careers that ignite passions. Our integrated HR consulting, benefits administration and technology services allow us to deliver on the many needs of our clients by drawing on our strength, diversity, and experiences in creating positive outcomes.

Buck is an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm. Founded more than 100 years ago as an actuarial consultancy, we’ve evolved to serve organizations and trustees across the health, wealth, and career spectrum. With the ultimate goal of securing the futures of our clients’ employees and members, we develop tech-enabled programs that engage individuals and drive organizational performance. Our award-winning engagement solutions and people-first approach empower the world’s most forward-thinking organizations to protect the physical and financial wellbeing of their employees and members and improve how their people work and live.


How you'll make an impact

As a Data Analyst, Defined Benefits Administration, reporting to the team manager, you will perform a wide range of day-to-day and cyclical defined benefit plan administration services and provide ad hoc client support, while also supporting less experienced associates. You will be exposed to excellent growth and development opportunities to enhance your defined benefit administration expertise.

Key Responsibilities

  • Collect, manipulate, reconcile, and review participant data – identifying and resolving issues as theyarise
  • Calculate various types of benefits and prepare event statements and payment authorizations froma pension administration system or manually
  • Prepare annual member statements
  • Calculate PAs, PARs, and PSPAs
  • Perform all work in accordance with rigorous quality control and audit requirements, maintaining complete audit trails
  • Interpret and apply the provisions of the plans and the various applicable laws
  • Create/update process documentation
  • Produce ad hoc reports
  • Perform user acceptance testing
  • Recognize and raise quality issues to the manager in a timely manner
  • Maintain a high level of professionalism and sense of urgency to ensure client and participant expectations are consistently met
  • Manage workload and priorities in a high pressure, high volume environment
  • Back up and support other team members as required
  • Participate in training, special projects and other duties as assigned by the manager

About you

  • Previous defined benefit administration experience considered an asset.
  • Previous experience with data analysis and reporting.
  • Strong proficiency in Microsoft Excel
  • Strong analytical and problem-solving skills
  • Proven attention to detail
  • Professional client-focused manner and diplomacy
  • Ability to organize, set priorities, manage multiple and changing priorities in a fast-paced and team-oriented environment
Apply now!

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