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Analyst, Pension Policy

Job ID:
J1218-0610
Job Type:
Full Time
City/Province:
Toronto, Ontario, Canada
Job Category:
Business Analysis
Closing Date:
January 25, 2019

Why join us?

OMERS (Ontario Municipal Employees Retirement System) is the defined benefit pension plan for approximately 470,000 active, deferred and retired employees from nearly 1,000 municipalities, school boards, libraries, police and fire departments, and other local agencies in communities across Ontario.

The benefits and services we provide are funded by equal contributions from active members and their employers, and the investment earnings of our Fund. Our $85.2 billion of net assets are invested in a diversified global portfolio of public investments, private equity, infrastructure and real estate. We have OMERS employees in Toronto and other major cities across North America, the U.K., Europe and Australia. We work towards our vision to make OMERS a leading model for defined benefit pension plan sustainability. Our core mission is to deliver secure and sustainable pensions to our members.

The Pension Policy, Legal and Strategic Initiatives team of OAC provides leadership and expertise on plan design, administration and strategic pension initiatives to facilitate innovation, promote plan sustainability and meet the evolving needs and expectations of our members and employers.

Reporting to the Manager, Pension Policy, the Analyst will be accountable for providing pension policy expertise, performing various qualitative and quantitative analysis, and developing strategic policy recommendations from planning through to completion of various initiatives. In the execution of the analysis, the Analyst will have to explore, identify, source, and gather pension data points required to deliver effective recommendations to a variety of key stakeholders. The Analyst will work collaboratively across several lines of business within OMERS, ensuring that appropriate policy support is provided and that decisions are implemented effectively. The successful candidate will interact with internal and external stakeholders and will uphold and demonstrate OMERS Vision and Core Values at all times.

This role may take direction on various projects and tasks from the leadership team within the Pension Policy, Legal and Strategic Initiatives business area.

As a member of this team, you will be responsible for:

• Conduct high quality research and policy analysis in the development of recommendations on a variety of pension issues, including interpreting legislation/regulations, plan provisions and data
• Develop clear and well-written reports and supporting documentation for presentations for Boards, Senior Management and other audiences
• Proactively identify and contribute to issue resolution in consultation across Pension Policy, Pension Services leaders and key stakeholders
• Coordinate and support meetings with internal stakeholders, as necessary, to discuss and develop issues handling approach and action plans
• Build and maintain collaborative and constructive relationships with internal partners
• Assess members and employers needs and assist in the development of strategies and measure mechanisms to maintain member and employers engagement and service satisfaction
• Support the preparation of plan amendments, policies, pension communication materials and other OMERS plan documents, as needed
• Monitor and assess the potential impact on OMERS of legislative/regulatory reforms, pension trends, news and activities in the Canadian Pension industry and the major Ontario pension plans, and establish recommendations/proposed solutions to address these developments
• Support any other initiatives within the Pension Policy, Legal and Strategic Initiatives team as required

To succeed in this role, you:

• University Degree or equivalent with 3+ years relevant pension and/or policy experience.
• Policy, law, actuarial or economic degree or training would be an asset.
• Knowledge of pension plan administration, plan design and current pension legislation/regulations.
• Ability to analyze complex issues and related data, identify issues, synthetize relevant and available information and infer conclusions even in ambiguous situations
• Proven ability to develop insightful and creative solutions, while ensuring that risks and cost to the Plan are analyzed and stakeholders’ views are considered
• Demonstrated expertise in qualitative and quantitative analysis methods and reporting/presentation approaches both written and visual
• Exceptional verbal and written communication skills
• Experience in exercising judgment and tactfulness when dealing with both internal and external stakeholders
• High integrity and discretion to ensure the confidentiality of sensitive information
• Able to work independently with minimal direction and as part of a team in an environment with competing priorities and deadlines
• Superior inter-personal and organizational skills
• Proficient in MS Office such as Word, Excel and PowerPoint

Our story:

OMERS is committed to having a workforce that reflects the communities in which we live and work. Diversity and Inclusion at OMERS means we respect and value the broadest range of experiences, geographies, gender, ethnicities and perspectives as key elements of our culture.
We are an equal opportunity employer committed to a barrier-free recruitment and selection process. If contacted for an employment opportunity, please advise if you require accommodation.

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