Job title: Pension Advisor
Company: Canadian National Railway
Job description: 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!
Job Summary
CN sponsors some of the largest corporate DB and DC pension plans in Canada. The Pension Advisor ensures the administration of CN’s Canadian and US Defined Benefit (DB) and Defined Contribution (DC) pension plans and Executive plans (SERP). The incumbent will work closely with the pension managers to ensure that the plans are appropriately administered, governed and kept compliant.
Main Responsibilities
· Responsible for the administration and monitoring of the various pension plans, including review of retirement calculations and oversight of monthly reports and reconciliations and annual processes
· Responsible for regulatory filings
· Provide support during plan audits
· Participate in the governance of all plans
· Coordinate the various pension committees and their agenda
· Support internal stakeholders with respect to pension-related situations
· Act as a resource contact for Senior Management, Executive and Cross Border employees
· Ensure that plan documents are up-to-date and in compliance with applicable legislation
· Assist with the management of the resolution of special or complex administration matters
· Assist in the management of services and fees of providers such as actuarial consultants, third party administrators and pension trustees
· Collaborate in the development and creation of communication and education strategies for plan participants
· Support team members on special projects and involved in the implementation of changes related to plan design
Working Conditions
The role has standard working conditions in an office environment with a regular 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.
Requirements
Experience
Specialty Pension Management
· Minimum 5 years of experience in pension administration
Education/Certification/Designation
- Bachelor’s degree in actuarial science or equivalent
- Associate or fellow of the Society of Actuaries (SOA) and the Canadian Institute of Actuaries*
*Any education/certification/designation for these above would be considered as an asset
Competencies
· 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
· Makes informed and timely decisions to get things done
· Attention to detail and ensures proper follow ups
· 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)
Technical Skills/Knowledge
· Knowledge of Microsoft Office : Excel, Word, PowerPoint and Outlook
About CN
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.
At CN, we are dedicated to building North America’s most and railroad, which includes reflecting the communities in which we operate. Research shows that candidates from underrepresented groups often don’t apply unless they feel they fit the job posting at 100%. Even if you don’t see yourself in every job requirement listed in a posting, we still encourage you to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), please reach out to our team at
As an equal employment opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, and other protected status as required by applicable law. We thank all applicants for their interest, however, only candidates under consideration will be contacted. Please monitor your email on a regular basis, as communication is primarily made through email.
Expected salary:
Location: Montreal, QC
Job date: Wed, 27 Sep 2023 22:33:42 GMT