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AB
assistant manager, restaurant
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Financial Services Representative
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Supervisor, Claims - Large Loss
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Calgary, AB · AB · Lethbridge, AB · Vancouver, BC · Wawanesa, MB · Winnipeg, MB · Moncton, NB · Dartmouth, NS · Kitchener, ON · Ottawa, ON · Toronto, ON · Montreal, QC · Edmonton, AB (Hybrid), AB · North York - Toronto, ON (Hybr, ON
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RBC

Pension Analyst - Terminations

Mississauga, ON, Canada

Full-time

Apply About employer

Applications open in a new tab.

Job details

Job type: Full-time
Apply by: Nov 10, 2026
Posting language: English
Posted: Oct 27, 2026

Original job description

Job Description

As the Pension Analyst - Terminations, you will be responsible for pension terminations and pre-retirement death benefit processing, payments made to former plan members, as well as re-occurring monthly activities, ensuring accuracy and confidentiality. In addition, this position provides support and assistance to various members of the department.

What will you do? 

Accurately calculate and process pension packages for terminating RBC defined benefit plan members within 30 days of termination processing. On necessary terminations, co-ordinate with Sun Life on DC values.
Accurately calculate pension entitlement for beneficiary of deceased RBC defined benefit plan members within 30 days of receipt of notification of death for deceased members who are under age 55 or over age 55 if divorced or single or in the DS Grandfathered Plan (any age).
Accurately calculate and process pension payouts for employees terminating from RBC Pension Plans (all), ensuring consistency of application, validity in light of documentation, pension by-laws, and legislation
Accurately prepare and distribute PARs to employees following termination from all RBC pension plans within CCRA timelines.
Review the rehired reports to ensure letters are not sent and/or values are not paid out. Correct the pension system, if applicable.
Ensure that report of new enrolments for the Caribbean Plan is directed to appropriate parties, each pay period, if applicable.
Second signoff on termination payouts. Ensure authorization to custodian for payment matches system and election forms.
Ensure tracking and reporting of all deferred pension elections and payouts by custodian are accurate and up-to-date.
Ensure follow-up letters are sent to RBC pension plan terminated members who have not responded for current and previous years.
Review and maintain department procedures on a quarterly basis, ensuring all procedures are documented and current.
Act as back up for other processes in the department.
Assist with other projects as assigned.

What do you need to succeed?

Must Have

Well organized with the ability to prioritize work effectively
Good oral and written communication skills/computer skills
Strong decision making ability and ability to take the task to completion with minimal instruction
Good understanding of Pension Standards Act, ITA and provincial pension legislation.
Self-starter
Strong PC skills (Microsoft Excel, Word)

Nice to Have

SAP knowledge
Business Knowledge Functional Expertise
Pension Plan Administration Certificate (enrolled in CEBS or PPAC)
Understanding of actuarial concepts
RBC net & HR Self-Serve Tools
Knowledge of RBC Pension Program

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Opportunities to building close relationships with clients
Access to a variety of job opportunities across business and geographies

Job Skills

Annuities, Communication, Data Gathering Analysis, Detail-Oriented, Insurance Finance and Actuarial Concepts, Operational Delivery

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-10-27

Application Deadline:

2026-11-10

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Apply About employer

More about this job

Responsibilities

The Pension Analyst is responsible for processing pension terminations, pre-retirement death benefits, and monthly pension activities while ensuring accuracy and regulatory compliance. The role also involves supporting department members, maintaining procedure documentation, and coordinating with external partners on defined benefit plan values.

Requirements

Candidates must possess strong organizational, communication, and PC skills, along with a solid understanding of pension legislation and actuarial concepts. A professional certificate such as CEBS or PPAC is considered an asset for this position.

Skills

Pension administration
Data analysis
Detail-oriented
Communication skills
Microsoft Excel
Microsoft Word
Decision making
Pension Standards Act
Legislation compliance
Actuarial concepts
Operational delivery
Time management
Problem solving
Organizational skills

Benefits

Professional development opportunities
Career growth opportunities
Inclusive workplace
Supportive environment

Visa sponsorship

Not detected in the job text

Keywords

Pension Analyst
Defined Benefit Plan
Pension Terminations
Death Benefit Processing
Pension Standards Act
ITA
Provincial Pension Legislation
Microsoft Excel
Microsoft Word
SAP
Actuarial Concepts
CEBS
PPAC
HR Self-Serve Tools
Pension Plan Administration
Data Gathering
Operational Delivery
Compliance
Financial Services
Human Resources

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