What is the opportunity?
As a Senior Pension Analyst, you will be responsible to ensure effective efficient and accurate administration of the RBC Pension Plans. You will perform/review pension data and calculations in accordance with plan text, policies and regulatory requirements.
What will you do?
Calculates pension entitlement for retiring defined benefit plan members
Calculates marital breakdown valuation and splitting of pension credits
Act as a resource to advise Plan members and department staff on clarification, application of by-laws, legislation, and actuarial concepts in determining appropriate action to be taken in more complex cases.
Undertake project work in conjunction with actuarial consultants relating to the sale/purchase of RBC businesses requiring the accurate calculation of accrued pension benefits, and pension benefit credits.
Participates in implementation and maintenance of changes/enhancements to the pension administration system, inclusive of User Acceptance Testing.
Support annual pension statement testing and annual valuation requirements in providing information and responses to data queries.
What do you need to succeed?
Good understanding of Pension Benefits Standards Act, 1985, Income Tax Act and Provincial pension legislation.
5 to 7 years of Defined Benefit pension experience.
Pension Plan Administration Certificate – CEBS (RPA) or PPAC; CHRP/CHRL in progress or completed
HR Applications (including SAP/Workday, BenPlus)
Strong PC skills (Excel)
Knowledge of RBC Pension Program
French - Bilingual
Understanding of actuarial concepts, strong mathematical skills
RBC Net & HR Self-Serve Tools
The Human Resources Service Centre is an 8 to 8 operation offering transactional services and helpline support to employees and managers of RBC. The environment requires the ability to work with stringent deadlines and sometime peak workloads.
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
- Opportunities to building close relationships with clients
Access to a variety of job opportunities across business and geographies
RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
Address: 6880 Financial Drive Tower
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0
People Manager: No
Application Deadline: 12/15/2021
Platform: Corporate HR / Recruitment / Learning
Req ID: 433867