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Pension & Benefits Specialist

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Alstom

19d ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Accounting & Tax
  • Pittsburgh

AI generated summary

  • You need a Bachelor's in HR or related field, 5+ years in Pension & Benefits, knowledge of Canadian laws, and fluency in French and English.
  • You will enhance pension plans, resolve benefit inquiries, analyze costs during negotiations, manage budgets, ensure database accuracy, draft communications, and assist with project management and disability monitoring.

Requirements

  • Bachelor's degree in Human Resources, Business, Statistics, Actuarial Mathematics, or related area
  • Minimum 5 years prior experience in Pension & Benefits
  • Knowledge of employee benefit programs and defined benefit and defined contribution pension plans, as well of laws and regulations related to Canada
  • Fluent in French and English

Responsibilities

  • Support the Pension and Benefit (TR – P&B) manager with the ongoing design, enhancement, and implementation of pension plans and benefits.
  • Act as an expert related to employee benefits and pension plans by providing answers to questions from HR Directors, HR Business Partners, employees, retirees and unions on plan provisions and resolve escalated issues
  • Liaise with third parties involved for the governance of the pension plans committees
  • Analyze costs/savings in business decisions during collective bargaining agreement negotiations, reorganizations, sales & acquisitions, etc
  • Assist with the financial management of the benefit plans by preparing budget and forecast reports for management
  • Ensure integrity of the databases with our various administrators and collaborate with the various stakeholders to ensure the accuracy of the information (Payroll vendor, HR system, etc.)
  • Draft communications for HR, management, and employees regarding retirement programs, leveraging email.
  • Assist Total Rewards Manager with project management, through effective organization, documentation, tracking progress, managing deadlines and prioritization of tasks.
  • Monitor disability and enhance the management disability dashboard

FAQs

What is the main responsibility of the Pension & Benefits Specialist?

The main responsibility is to support the Pension and Benefits manager in the design, enhancement, and implementation of pension plans and employee benefits.

What qualifications are required for the Pension & Benefits Specialist position?

A Bachelor's degree in Human Resources, Business, Statistics, Actuarial Mathematics, or a related area is required, along with a minimum of 5 years of prior experience in Pension & Benefits.

Is bilingualism a requirement for this position?

Yes, fluency in both French and English is required for this role.

Who will the Pension & Benefits Specialist collaborate with?

The specialist will liaise with HR Directors, HR Business Partners, employees, retirees, unions, and various third-party administrators involved in the governance of pension plans.

What type of pension plans does the specialist need to be knowledgeable about?

The specialist needs to have knowledge of defined benefit and defined contribution pension plans, as well as laws and regulations related to Canada.

Will the Pension & Benefits Specialist be involved in financial management?

Yes, the specialist will assist with financial management by preparing budget and forecast reports for management regarding benefit plans.

What kind of environment does Alstom promote in terms of diversity and inclusion?

Alstom promotes an inclusive culture that welcomes and appreciates diversity, allowing people from various backgrounds to contribute their knowledge, skills, experiences, and perspectives.

Are there any specific tasks related to communication that the specialist will handle?

Yes, the specialist will draft communications for HR, management, and employees regarding retirement programs, primarily leveraging email.

Is experience in project management required for this role?

Yes, the Pension & Benefits Specialist will assist the Total Rewards Manager with project management, requiring effective organization, documentation, and task prioritization.

What major market is this job location near?

The job is located near the major market of Pittsburgh.

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Alstom

Mobility by nature

Transportation
Industry
10,001+
Employees

Mission & Purpose

Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 63 countries and a talent base of over 80,000 people from 175 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most.