Senior Pension & Benefits Specialist

Senior Pension & Benefits Specialist

Mercedes-Benz Canada needs stars like you!

Mercedes-Benz is the world’s first automotive brand, and remains at the cutting-edge of sustainability, design, digitalization, connectivity, technology, fashion, and popular culture.

The iconic three-pointed star is always looking for the best and brightest. We are seeking individuals who want to be in the driver’s seat of transformation, working alongside talented colleagues who represent the Mercedes-Benz values.

Do you want to be part of writing the next chapter of the Mercedes-Benz story?

How your role will add to the story:

This role is responsible for managing all Pension and Benefits programs for MB Canada and MBFS Canada. This includes but is not limited to employee onboarding and offboarding, responding to employee and retiree inquiries, processing pension payments, coordinating pension audits, maintaining pension related HRIS data and system changes and ensuring appropriate governance controls and regulatory compliance.

In addition, this role is also responsible for the administration and oversight of all employee benefit plans including health, dental, disability, life insurance etc. Responsibilities include managing employee enrollments and life event changes, supporting employees with benefits inquiries, coordinating with external vendors and service providers, ensuring accurate HRIS data management, overseeing benefits reconciliations, maintaining compliance with legislative and policy requirements, developing and updating benefits processes and communications and identifying opportunities to enhance program effectiveness, employee experience and operational efficiencies.

A day in the life

Pension & Benefits Administration (30%)

• Manage the end-to-end administration of the pension and benefits programs.

• Serve as the primary point of contact for employee and retiree inquiries, providing guidance and issue resolution.

• Partner with pension and benefits service providers to ensure accurate plan administration, member records, payments and program delivery.

• Develop and deliver employee communications and education related to pension and benefits programs.

Pension & Benefits Analytics & Reporting (15%)

• Oversee payments, remittances, reconciliations and related reporting activities.

• Prepare and analyze pension and benefits data for audits, actuarial valuations, budgeting, forecasting and management reporting.

• Leverage pension and benefits data and trends to identify risks, opportunities and improvement initiatives, and provide data-driven recommendations to support informed decision-making.

• Support year-end pension and benefits processes, accruals and other ad hoc analytics requests.

Governance, Compliance & Controls (25%)

• Lead pension and benefits audits, internal controls (ICS) activities and governance reporting. Ensure the administration of pension and benefits programs comply with legislative, regulatory and company requirements.

• Coordinate pension committee activities and maintain appropriate governance documentation and controls.

Program Management & Strategic Projects (25%)

• Lead and support strategic pension and benefits projects and initiatives.

• Collaborate with internal stakeholders (including HQ), Finance, Payroll, IT and external service providers.

HRIS & Process Improvement (5%)

• Manage pension and benefits related to HRIS configurations, testing, implementation and ongoing maintenance.

• Partner with IT to implement system enhancements and drive continuous process improvements, data integrity, operational efficiencies and employee experience enhancements

Vacancy Status: This posting reflects an approved, current vacancy within Mercedes-Benz Canada.

Posting Range: $82,909 - $114,000

Mercedes-Benz Canada is committed to fostering an inclusive, equitable, and accessible environment where all employees and customers feel valued, respected, and supported. While we thank every applicant for their interest in joining our iconic brand, we will only contact applicants selected for an interview.

If you require accommodation because of a disability, please reach out to mbcrecruitment@mercedes-benz.ca and we will work with you to meet your needs throughout the recruitment, assessment, and selection process as applicable.

Testimonials from several Mercedes-Benz Canada stars, from an intern to an executive:

“Mercedes-Benz is more than a car brand; it’s a futuristic, technological brand continuing to research and evolve its strategy as a digital and luxurious company, all while championing sustainable initiatives.”

“This company grants its members the opportunity to professionally grow and discover the extent of the brand and its presence in all countries. You are granted the opportunity to drive innovation in several sectors, as this company allows you to take your career wherever you like with our very robust framework of opportunities, whether it’s rotations, international assignments, education programs and more.”

“As an intern, I feel a great sense of responsibility and accountability at Mercedes-Benz. The high level of responsibility and contribution found in our internship programs is unlike my experience anywhere else.”

“Most people, if not everyone, seek a great balance of life at work and outside of it. At Mercedes-Benz, not only does your work life grant you exciting opportunities, but you are also afforded great understanding of your time outside of work - including the right to disconnect.”

“Working for Mercedes-Benz, it’s certainly the brand and the pillars - but at the end of the day, once you’re in, it’s about the people, the experience, diverse cultures and backgrounds, everyone’s experience driving in one direction.”

Mercedes-Benz Star skills, requirements & traits:

• Bachelor's degree in Human Resources, Business Administration, Accounting, Finance, or a related discipline.

• 5+ years of progressive experience in pension and benefits administration.

• Certified Human Resources Professional (CHRP) – preferred.

• Excellent interpersonal, presentation, relationship-building skills and consultation skills

• Sound judgment, trustworthy, with a strong tendency towards ethical and compliant behaviour

• Strong organizational skills with the ability to multitask and deliver on deadlines

• Excellent attention to detail and level of accuracy

• Ability to deal effectively with confidential and sensitive matters

• Strong orientation towards teamwork and team goals

• The ability to effectively respond to and meet the needs of a diverse client base

• Strong understanding of pension and benefits programs and legislation

• Ability to interpret complex data and provide actionable insights to support business and people decisions

• Project management skills with the ability to lead and implement pension and benefits initiatives and process improvements

• Extensive knowledge in MS Office (Word, PowerPoint, Excel) - Advanced Excel skills

• Bold, innovative and enjoy challenging yourself

• Honest and professional, a strong team player

• Big picture thinker, go-getter, self-starter

Being a Mercedes-Benz star has its benefits:

• Commitment to inclusion & diversity

• Engaging corporate culture

• Ever-evolving brand strategy granting opportunities to build business acumen

• Training development and career growth opportunities

• Benefits to support work-life balance/integration

• A strong portfolio of corporate social responsibility initiatives

• State-of-the-art working facilities

• Vehicle purchase and experience programs

• Comprehensive health, dental, and pension programs

• Recognition rewards and discount programs