Manager Pension

At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you’re part of making sure our business is running optimally and safely―helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!

The Pension Manager is responsible for the management of CN’s Canadian and United States (US) Defined Benefit (DB) and Defined Contribution (DC) pension plans. The incumbent is part of the Total Rewards team, which manages compensation and benefits programs of CN’s workforce.

·       General management of DB and DC pension plans and savings plans

·       Oversee plan governance and regulatory filings

·       Coordinate and actively participate in pension committee meetings

·       Ensure plan documents are up-to-date and in compliance with applicable legislation

·       Manage services and fees of providers such as actuarial consultants, third party administrators and pension trustees

·       Monitor quality of plan administration, actuarial valuation and billing process

·       Manage the resolution of special or complex administration matters

·       Prepare internal actuarial valuation estimates, pension costings and liability analysis

·       Analyze, price and implement changes related to plan design

·       Develop and create communication and education strategies for plan participants

·       Participate in pension funding decisions, plan design reviews and risk management strategies with Human Resources, Finance and Treasury functions and with the CN Investment Division

·       Participate in the review of fund managers and investment fund line up for DC plans

·       Participate in the development of long-term pension strategy

The role has standard working conditions in an office environment with a regular [PC1] workweek from Monday to Friday. Due to the nature of the role, the incumbent must be able to meet tight deadlines and handle pressure. The role requires minimal travel (approximately once per year) in Canada or US.

Specialty Pension Management

·       Minimum 10 years of experience in pension management

·       Bachelor’s Degree in Actuarial Science or equivalent

·       Associate or Fellow of the Society of Actuaries (SOA) and the Canadian Institute of Actuaries (CIA) *

*Any designation for these systems above would be considered as an asset

·       Follows safety procedures, information security instructions and Environmental, Social and Governance (ESG) principles to lead by example

·       Develops solutions that aligns with customers’ expectations to increase satisfaction

·       Shares timely information within and across functions to get things done effectively

·       Collaborates with key internal stakeholders to enable higher productivity

·       Inspires others with impactful communications and adapts well to the audience

·       Makes informed and timely decisions to get things done

·       Applies analytical thinking to make recommendations that pursue sustainable performance

·       Deals with pressure and change by staying calm to quickly adapt to changes

·       Fluently bilingual both written and verbal (English, French)

·       Knowledge of Microsoft Office : Excel, Word, PowerPoint and Outlook

 CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.