University of Victoria
Job title:
Pension Entitlements Officer
Company
University of Victoria
Job description
attacks. In order to do so, you must have JavaScript enabled in your web browser otherwise this site will fail to work correctly for you. See details of your web browser for how to enable JavaScript.Attention Safari users: This site requires cookies to function. Please click to accept the cookie. Cookies will be used strictly for the functioning of the site.Toggle navigationJob DetailsPension Entitlements Officer – (990859.2)This details all the information about the job posting.Share this job as a link in your status update to LinkedIn.Organizational UnitUniversity of Victoria -> VP Finance and Operations -> Pension OfficeLocationUniversity of Victoria – Victoria, BC V8W 2Y2 CA (Primary)Posting Close Date7 July 2024Please note that positions will close at 4 p.m. on the closing date.FTE1.0Salary Grade$70,137.00 – $91,214.00Additional Posting InformationN/ASalary posted will be pro-rated based on FTE and achieved as per the collective agreement, if applicable.ClassificationSG10Start Date8/1/2024End Date1/31/2026Employee Group:PEA – Term# of Hires Needed1CategoryFinancial ServicesAbout this OpportunityThe University of Victoria is one of Victoria’s largest employers and one of Canada’s best diversity employers. Together we are more than 5,000 dedicated faculty, librarians and staff supporting the University of Victoria’s diverse academic programs, world-class research and commitment to civic engagement.Effective July 1, 2024, the salary range for this position will be:Recruitment range: $72,242- $79,650 starting salary determined by the PEA Collective Agreement.Performance range: starting salary to max of $93,951 is available through annual performance increases.
- This position is eligible for a Hybrid Work Arrangement*
Job SummaryPension Services administers the pension benefits for members of the University of Victoria and oversees investment programs to support the Boards of Pension Trustees and various pension committees for the Combination Pension Plan; the Money Purchase Pension Plan; the Staff Pension Plan; and the Supplemental Benefit Arrangement (the “pension plans”).As a key member of Pension Services, the Pensions Entitlement Officer provides assistance to the Associate Director in the planning, development, communication administration and implementation of pension services and programs for the University Community. The position provides individual consultation to plan members and their legal and financial counselors regarding projected and final pensions; calculate pension benefits, including commuted values, pension divisions on marital breakdown; amounts transferable under portability arrangements; and survivor benefits payable from the defined benefit, defined contribution and combination plans of the University. The position maintains the cumulative distribution and member’s account balances in certain of the pension plans, and audit monthly bank reconciliations and prepare other reconciliations as required. In addition the Officer may develop and present annual retirement seminars and other communications regarding retirement planning.Job RequirementsA bachelor’s degree in business, economics or related field plus five years’ related experience, preferably in a financial environment including several years of experience performing complex pension benefits calculations (preferably under both defined benefit and defined contribution pension plans).An equivalent combination of education training and experience may be considered.
- strong analytical skills coupled with the ability to perform detailed calculations quickly and accurately and exercise judgment in non-routine cases;
- a good working knowledge of the Pension Benefits Standards Act (BC), relevant sections of the Income Tax Act (Canada), the Family Law Act (BC) and be able to exercise judgment and interpret the plan documents and governing legislation for complex cases;
- a solid understanding of the financial markets and other factors that impact pensions;
- the ability to communicate effectively writing and orally to both individuals and large groups who have varying levels of pension knowledge
- excellent computer skills in order to be able to work with a variety of applications including spreadsheets, word processing applications and databases
- the ability to manage and meet deadlines under a heavy workload while operating with a high degree of independence.
Territory Acknowledgement: We acknowledge and respect the Lək̓ʷəŋən (Songhees and Esquimalt) Peoples on whose territory the university stands, and the Lək̓ʷəŋən and WSÁNEĆ Peoples whose historical relationships with the land continue to this day.Equity and Diversity Statement: UVic is committed to upholding the values of equity, diversity, and inclusion in our living, learning and work environments. In pursuit of our values, we seek members who will work respectfully and constructively with differences and across levels of power. We actively encourage applications from members ofRead our full equity statement here:Accessibility Statement: If you anticipate needing accommodations for any part of the application and hiring process contact:
Expected salary
$70137 – 91214 per year
Location
Sedgewick, AB
Job date
Sun, 23 Jun 2024 06:28:03 GMT
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