Do you want to join us in helping to fight the world’s most threatening diseases and enabling access to care for more people around the world? At Siemens Healthineers, we pioneer breakthroughs in healthcare. For everyone. Everywhere.

At Siemens Healthineers, we offer you a flexible and dynamic environment with opportunities to go beyond your comfort zone in order to grow personally and professionally. Sound interesting? Then come and join our global team as a Senior Pension and Benefits Specialist to ensure ongoing governance, administration, and operations of flexible benefits, defined contribution and defined benefit pension plans.

Our global team: We are a team of more than 69,000 highly dedicated employees across more than 70 countries passionately pushing the boundaries of what’s possible in healthcare to help improve people’s lives around the world. As a leader in the industry, we aspire to create better outcomes and experiences for patients no matter where they live or what health issues they are facing. Our portfolio, spanning from in-vitro and in-vivo diagnostics to image-guided therapy and innovative cancer care, is crucial for clinical decision-making and treatment pathways.

Our culture: We are part of an incredible community of scientists, clinicians, developers, researchers, professionals, and skilled specialists pushing the boundaries of what’s possible, to improve people’s lives around the world. We embrace a culture of inclusivity in which the power and potential of every individual can be unleashed. We spark ideas that lead to positive impact and continued success. Check our Careers Site at https://jobs.siemens-healthineers.com/careers

This is a role well suited to an ambitious professional, looking for the next step in their career. As a Senior Pension and Benefits Specialist, you will be responsible for:

• Communicate and coordinate with members, employers, union representatives, actuaries, auditors, custodians and any other third-party representative regarding benefit entitlements, data, administration procedures and interpretations of plan provisions
• Maintain up-to-date records for members and vendors
• Determine entitlements on death, disability, retirement, termination, and marriage breakdown in accordance with specific Plan provisions, government legislation requirements and current service standards
• Authorize payment of benefit entitlements and plan expenses from custodian, vendors, etc.
• Peer review of pension calculation, authorizations and other documents prepared by vendor
• Ensure monthly, quarterly, yearly reporting is completed including monthly financial reconciliations
• Participate in year-end activities, including annual enrollment, data updates, validations, reconciliations, annual pension statements, and actuarial valuation data
• Perform reconciliation of monthly contributions postings and reports
• Prepare and file relevant benefit and government forms
• Provide service support to internal customers - responding to benefits and pension inquiries from internal accounting, auditors, employees, retirees on plan provisions, status changes and other general inquiries
• Support and prepare Pension Committee materials (quarterly)
• Participate in ad-hoc projects such as audits and data cleanups
• Organize workload to ensure services and regulatory deadlines are met
• Identify process improvements and work with team to implement new procedures
• MA&D support for CAN – benefit integration, baselining, etc.
• Additional tasks and projects for CAN and USA benefits as assigned.

Key Contacts/Relationships External and Internal:

• Works independently and cooperatively as a member of country HR team to provide superior customer service in all benefits and pension matters to both, internal and external stakeholders
• Coordinates with benefits vendors, pension fund custodian, plan actuaries, plan auditors, lawyers, unions, employers, and other third-party representatives
• Deals directly with Plan participants/members, spouses and beneficiaries regarding pension entitlements and Plan information
• Works cooperatively with co-workers in other administrative departments

This position may suit you best if you are familiar with what is below, and would like to do develop your career with Healthineers

• Advanced knowledge of Health and Flexible Benefits, Defined Contribution and Defined Benefit pension plans and provincial and tax legislation
• Experience reviewing pension calculations and member transactions
• Ability to lead projects by taking ownership and being accountable for assigned tasks
• Excellent and proven organization skills
• Excellent attention to detail and ability to document procedures and processes
• Excellent analytical skills
• Strong organizational skills to meet legislated deadlines
• Strong verbal and written communication skills, with the ability to liaise with plan members, internal team members, and service providers
• Excellent work ethic and accountability
• Good understanding of actuarial concepts related to pension administration
• Good understanding of legislative requirements related to benefit and pension administration
• Intermediate to expert MS Excel skills (formatting, build/interpret pension calculators, data analysis functions)
• Intermediate to expert MS Word skills (formatting, word merge and conditional wording)
• Experience with Workday and Ceridian Dayforce
• Bilingualism (English and French Preferred)

Required skills to have for the success of this role

• Minimum 5 years of benefits and pension administration/analyst experience
• Post-secondary education (preferably in Mathematics, Statistics, Actuarial Science) or completed courses related to benefits and pension administration
• Certified Employee Benefits Specialist (CEBS) designation is preferred
• Pension Plan Administration Cert (PPAC) is an asset

While we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.

In our continued commitment to prioritize colleague health, comply with customer/business partner requirements, and help preserve our business continuity, Siemens Healthineers requires employees, contractors, and business partners to be fully vaccinated with relevant dose(s) of a Health Canada approved vaccine for all new hires by their start date.

“Fully vaccinated” means it has been 14 days after receiving the full series of a COVID-19 vaccine or combination of COVID-19 vaccines approved by Health Canada (i.e. two doses of a two-dose vaccine series, or one dose of a single-dose vaccine series), and which may include, at the Company’s discretion, any further doses in accordance with Health Canada guidelines.

Exemptions will only be granted for medical reasons or on the basis of a protected ground under applicable human rights legislation.

At Siemens Healthineers, we value those who dedicate their energy and passion to a greater cause. Our people make us unique as an employer in the med-tech industry. What unites and motivates our global team is the inspiration of our common purpose: To innovate for healthcare, building on our remarkable legacy of pioneering ideas that translate into even better healthcare products and services. We recognize that taking ownership of our work allows both us and the company to grow. We offer you a flexible and dynamic environment and the space to move beyond your comfort zone to grow both personally and professionally.

If you want to join us in transforming the way healthcare is delivered, visit our career site at https://jobs.siemens-healthineers.com/careers

If you wish to find out more about the specific division before applying, please visit:

https://www.siemens-healthineers.com/en-ca/about

Beware of Job Scams

Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Career site: https://jobs.siemens-healthineers.com/careers