Advisor, Pension And Benefits | |
| Job ID | 6C-4B-44-DD-98-A2 |
| Company | PSP Investments |
| Location | Montreal |
| Province | Quebec |
| Date Posted | 2025-02-17 |
| Posted Until | 2025-04-18 |
| Job Type | Full-time |
| Job Category | Finance |
| Description | |
| ABOUT US We're one of Canada's largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montreal and offices in New York, London and Hong Kong. Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world's top companies. At PSP, you'll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before. EXPERIENCE THE EDGE At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an inclusive work environment where diversity is embraced. YOUR TEAM At PSP, our Total Rewards team is committed to delivering competitive and fair total compensation aligned with our organization's goals that maintains our edge in all of our markets - globally aligned and locally sensitive. Our goal is to continue to attract, retain and reward our employees by constantly improving the value of our total rewards offering. This includes developing competitive salary structures, pension and savings plan offerings, and benefit plans while ensuring compliance and using data to drive decision-making. YOUR ROLE The Advisor, Pension and Benefits will play a critical role in the management of the various pension and benefits plans for all PSP employees globally, as well as the development, implementation and deployment of new programs based on the team's strategic priorities. This position requires subject matter expertise while possessing strong communication skills, the ability to manage multiple complex projects and processes simultaneously, and a commitment to supporting the organization's objectives through competitive total rewards strategies. As an Advisor, Pension and Benefits your main responsibilities will be as follows: * Oversee the ongoing management of various global pension and benefits plans, evaluate their effectiveness, and propose relevant changes to improve efficiency and employee experience * Benchmark the competitiveness of all global pension and benefit plans, including defined benefit and defined contribution pension plans, in line with operational and organizational objectives. This includes market surveillance, collecting, analyzing, and interpreting data from various sources, summarizing findings, and proposing recommendations * Lead the annual renewal process for all global benefit plans assigned to this position. This includes coordinating with external actuaries and brokers, negotiating with insurers, modeling the financial implications, and preparing relevant communications for employees * Stay informed of legislative changes and compliance requirements impacting various global pension and benefit plans * Plan, organize, and develop regular and targeted communications to employees, based on data received from various vendors, while ensuring alignment with the team's desired goals and outcomes * Establish and manage strong relationships with various external vendors, using his influence to resolve all escalated requests. Evaluate and manage these vendors, and define appropriate service level agreements * Independently prepare pension and benefit reports and presentations * Create global tracking tools for various items such as pension and benefit costs, premiums, and consulting fees * Provide support and expertise to other members of the HR team on various pension and benefits issues * Improve processes by challenging results and identifying areas for improvement, developing solutions, and documenting new and existing procedures and practices to ensure consistency and compliance * Contribute to cross-functional initiatives and ad-hoc deliverables within the Total Rewards team WHAT YOU'LL NEED * Bachelor's degree in actuarial science, human resources, business administration or a related field of study * Professional designation in actuarial, human resources, compensation or benefits management (CIAA, FCIA, CEBS, etc.) is an asset * A minimum of five (5) years of relevant experience, preferably in a consulting firm or international organization, is an asset * Experience managing complex programs, stakeholders and processes * Ability to work in a constantly changing environment with flexibility and a high level of autonomy * Exceptional written, verbal, and creative communication skills * Demonstrates a high level of discretion, professionalism and integrity * Strong organizational skills, managing competing priorities while meeting deadlines * Strong analytical skills, with the ability to draw conclusions from data and structure results effectively * Ability to work collaboratively, cultivating meaningful relationships with colleagues and stakeholders * Strong knowledge of Excel and PowerPoint, as well as other tools from the MS Office suite * Fluency in English and French (or willingness to learn) (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa) We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to: * Investment in career development * Comprehensive group insurance plans * Competitive pension plans * Unlimited access to virtual healthcare services and wellness programs * Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers * A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance * Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off * A hybrid work model with a mix of in-office and remote days *Benefits package may vary based on your employee type. At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know. Visit us on www.investpsp.com/en/ Follow us on LinkedIn | |
| Languages | English, French |
| How To Apply | Click Apply Now! |
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