Pension Analyst (Hybrid)

by WSIB

Location: London, ON
Date Posted: Sep 05, 2024
WSIB

Job Description

Pension Analyst (Hybrid)

Our people have different ways of working and lifestyles. We’re committed to a mix of working in the office, in the field and from home. You have some flexibility in terms of where and how work gets done to help you balance your personal life and career goals.

About The Workplace Safety And Insurance Board (WSIB)

We’re here to help. When an injury or illness happens on the job, we move quickly to provide wage-loss benefits, medical coverage and support to help people get back to work. Funded by businesses, we also provide no-fault collective liability insurance and access to industry-specific health and safety information. We are one of the largest insurance organizations in North America covering over five million people in more than 300,000 workplaces across Ontario. For more information, visit wsib.ca .

At The WSIB, You’ll Have The Opportunity To

 
  • explore many career paths and follow your passion
  • continuously learn and grow professionally
  • be recognized for the great work you do
  • participate in programs that support your health and wellbeing
     
You’ll also receive a competitive salary and may be eligible to participate in our health and dental plan.

This is a temporary opportunity for up to 12 months based out of our Toronto or London office locations.

Salary From: $71,720.18

Job Summary

The purpose of the role is to conduct day-to-day pension administration activities, with a focus on data review and accuracy, for the WSIB Employees’ Pension Plan (EPP). The incumbent conducts pension plan operational services, such as providing information in response to inquiries from internal and external parties and producing reports for use by the pension team and others.

Major Duties & Responsibilities

Perform data integrity activities on WSIB’s EPP and ESPP

 
  • Review assigned data on interfaces between WSIB and external third-party administrator (TPA) for the EPP, investigate and resolve plan member data issues and submit findings within the required turnaround times
  • Liaise with internal business partners, such as Human Resources (HR) and Payroll, to resolve data discrepancies
  • Examine data transfers for any underlying issues (such as errors resulting from upstream data entry), report findings to Senior Pension Analyst for investigation and corrective action
     
Provide Services and Information
 
  • Act as a point of contact for day-to-day services to internal and external parties on pension plan matters: Finance, HR, WISE Trust, and the TPA. Provide oral and/or written responses, as necessary.
  • Produce standard reports for the pension team and the union, as required
  • Monitor the Pension Administration email inbox and promptly reply to requests received
  • Provide information to Human Resources, such as data on rehired pensioners
  • Support year end activities and provide information requested by auditors
  • Demonstrate working knowledge of pension legislation basics and apply knowledge to day-to-day activities
     
Support for pension administration and corporate projects
 
  • Changes required due to new legislative provisions
  • Implementation of a new technology or tool, or changes in processes
     
Job Requirements

Education

 
  • University completion at the undergraduate level with a specialty focus in Business Administration, Human Resources Management, or Economics
     
Experience
 
  • Two years prior experience in pension plan administration.
     
Our commitment to equity, diversity and inclusion

We respect and value the diversity of our people. We strive to create an environment where employees can be themselves and where our differences are celebrated.

The WSIB is committed to being accessible and inclusive, and following barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require accommodation through any stage of the recruitment process, please let us know when we contact you and we will work with you to meet your needs.

Disclosing conflicts of interest

As public servants, employees at the WSIB have a responsibility to act in an ethical way at all times to create a respectful workplace and maintain public trust. Job applicants are required to disclose any circumstance that could result in a real, potential or perceived conflict of interest. A conflict of interest is any situation where your private interests may impair or be perceived to impair the decisions you make in your official capacity. This may include: political activity, directorship, other outside employment and certain personal relationships (e.g. with current WSIB employees, customers and/or stakeholders). If you have any questions about conflict of interest obligations and/or how to make a disclosure, please contact the Talent Acquisition Centre at talentacquisitioncentre@wsib.on.ca .

Privacy information

We collect personal information from your resume, application, cover letter and references under the authority of the Workplace Safety and Insurance Act, 1997. The Talent Acquisition Centre and WSIB hiring parties will used this information to assess/validate your qualifications, determine if you meet the requirements of vacant positions and/or gather information relevant for recruitment purposes. If you have questions or concerns regarding the collection and use of your personal information, please contact the WSIB’s Privacy Office at privacy_office@wsib.on.ca . The Privacy Office cannot provide information about the status of your application.

As a precondition of employment, the WSIB requires that prospective candidates undergo a criminal records name check any time before or after they are hired.

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