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Early Careers: Intern, Pension Administration

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Aon

3mo ago

  • Internship
    Full-time
    Placement Program
  • Accounting & Tax
    Banking & Finance
  • Toronto, +1

AI generated summary

  • You should have strong communication and organizational skills, knowledge of Excel/Word, preferably prior experience, and be studying Actuarial Sciences, Math, Stats, Finance, or Business Admin.
  • You will calculate benefit entitlements, prepare pension statements and government forms, maintain records, assist with system testing, and respond to member inquiries.

Requirements

  • Good oral and written communication skills and ability to work in a team environment
  • Thorough and good organizational skills
  • Good knowledge of Excel and Word
  • Previous work experience or actuarial co-op experience in a consulting/insurance environment is an asset
  • Students should be enrolled in Actuarial Sciences, Mathematics, Statistics, Finance, or Business Administration
  • Applicants should preferably be in 2nd work term or above

Responsibilities

  • Calculate benefit entitlements on retirement, termination, death and marriage breakdown;
  • Calculation of PAs, PSPAs and PARs and preparation of applicable filing forms;
  • Preparation of annual pension statements;
  • Year-end update of plan records, including the reconciliation of the membership, contributions and trust fund;
  • Preparation of government forms including Annual Information Return, Form 7 and PBGF forms;
  • Assist with testing of the pension system for new and existing clients according to the plan provisions and administrative requirements;
  • Assist with maintaining of standard operation procedures;
  • Respond to member calls and facilitate requests;
  • Maintenance of members' records;
  • Other duties as required.

FAQs

What is the hourly salary range for the Pension Administration Intern position?

The hourly salary range for this position is $24.87 - $29.03, and the actual salary will vary based on the applicant’s education, experience, skills, and abilities.

Are applicants eligible for sponsorship for this position?

No, this role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

Where is the position located?

The position is available in Toronto and Vancouver and operates in a hybrid model, allowing flexibility to work both virtually and from our Canadian offices.

What are the preferred fields of study for applicants?

Applicants should ideally be enrolled in Actuarial Sciences, Mathematics, Statistics, Finance, or Business Administration.

How many work terms should applicants preferably have completed?

Applicants should preferably be in their 2nd work term or above.

What type of skills are important for success in this role?

Important skills for success include good oral and written communication skills, strong organizational skills, proficiency in Excel and Word, and the ability to work in a team environment.

What type of experience is considered an asset for this internship?

Previous work experience or actuarial co-op experience in a consulting/insurance environment is considered an asset.

How does Aon support work-life balance for its employees?

Aon promotes work-life balance through a variety of working style solutions, two "Global Wellbeing Days" each year, and a culture that encourages flexibility in both work location and schedule.

Does Aon provide accommodations for individuals with disabilities?

Yes, Aon provides reasonable adjustments for individuals with disabilities to participate in the job application and interview process and to perform essential job functions once onboarded.

What will interns gain from this opportunity?

Interns will gain real-world work experience, develop practical skills necessary for future success, and learn about Aon's culture and business while contributing to the organization.

Aon is in the business of better decisions

Consulting
Industry
10,001+
Employees
1940
Founded Year

Mission & Purpose

Aon is a global professional services firm that specializes in risk management, insurance brokerage, and human resources solutions. They offer a wide range of services including risk assessment, insurance brokerage, retirement and health solutions, and data analytics. Aon's ultimate mission is to empower clients to manage risk effectively, optimise their resources, and make informed decisions that drive business growth and resilience. Their purpose is to help clients navigate the complexities of risk and talent management, providing innovative solutions and insights that enable organisations to mitigate risks, protect assets, attract and retain talent, and enhance overall operational performance. Aon aims to be a trusted advisor, offering customised solutions that address the unique challenges of their clients across industries, ensuring they are well-prepared and positioned for success in a rapidly changing world.