Manager, Pension Plan Administration
Hudson's Bay Company
Toronto, ON-
Number of positions available : 1
- Salary To be discussed
- Published on December 14th, 2024
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Starting date : 1 position to fill as soon as possible
Description
Address:
401 Bay StLead a Brilliant Career.
Bring your authentic self to work every day, and help our customers express themselves, style their home, and live their life in a way that reflects who they truly are.
As a brand, we celebrate the differences that make each and every one of us unique because we believe that people shouldn't fit archetypes.
So why should your career be anything less than extraordinary?
What to Expect:
We are seeking an experienced and detail-oriented Pension Plan Administration Manager to oversee the effective management and administration of our organization’s pension plans. The ideal candidate will ensure compliance with regulatory requirements, optimize processes, and provide exceptional service to plan participants. This role requires strong analytical skills, leadership capabilities, and a thorough understanding of pension plan operations, regulations, and best practices.
What You Will Do:
1. Plan Administration
Oversee day-to-day operations of the organization’s DC pension & saving plans and post-retirement benefits
Ensure accurate and timely processing of pension contributions, benefit calculations, and disbursements
Maintain accurate records of participant data and plan transactions
2. Compliance and Reporting
Ensure compliance with relevant pension laws, regulations, and reporting requirements
Prepare and submit regulatory filings, plan documents, and disclosures as required
Conduct regular audits and implement necessary improvements to ensure plan and system integrity
3. Participant Support
Serve as a point of contact for pension plan participants, addressing inquiries and providing guidance on plan benefits
Develop and deliver communication materials to educate employees about their pension benefits and options
4. Vendor and Stakeholder Management
Collaborate with external service providers, such as actuaries, consultants, and third-party administrators, to ensure smooth plan operations
Partner with internal teams (e.g., HR, payroll, finance, systems) to coordinate plan administration activities
5. Leadership and Training
Supervise and mentor staff involved in pension administration, providing training and support to enhance team effectiveness
Lead cross-functional initiatives to improve processes and enhance the associate experience
What you will bring to the team:
Education and Experience:
Bachelor’s degree in Business Administration, Finance, Human Resources, or a related field
Minimum 3 + years of experience
Experience in pension plan administration
Skills and Knowledge:
Comprehensive knowledge of pension laws, regulations, and industry standards
Strong analytical and problem-solving skills
Excellent organizational and project management abilities
Effective communication and interpersonal skills to interact with stakeholders at all levels
French is a definite asset
As an equal opportunity employer, Hudson’s Bay is committed to providing you with a barrier-free, inclusive and accessible workplace to lead a brilliant career. If you need accommodations throughout the recruitment process, please let us know.
Requirements
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