Public Sector Pension Investment Board

Senior Manager, Pensions and Benefits

Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in actuarial science, human resources, business administration, or related field; Master's degree or CEBS is a plus.
  • Professional designation in actuarial, human resources, compensation, or benefits management is an asset.
  • 10+ years of progressive experience in benefits management with 3-5 years in a leadership role.
  • Strong knowledge of global benefits programs and compliance requirements.
  • Excellent analytical, negotiation, collaboration, and communication skills.
  • Bilingual in English and French is required, given international interactions.

Responsibilities

  • Ensure improvement and optimization of pension and benefits programs aligned with the total rewards strategy.
  • Manage and implement employee benefits and pension programs across multiple jurisdictions for compliance.
  • Monitor budget for pension and benefits programs and identify optimization opportunities.
  • Evaluate current programs and recommend adjustments to enhance employee experience and business objectives.
  • Lead relationships with external vendors, supporting service continuity and enhancement.
  • Develop presentations and recommendations for global pension committees.
  • Oversee communications strategies for pension and benefits in collaboration with HR teams.

Benefits

  • Career development investment.
  • Comprehensive group insurance plans.
  • Competitive pension plans.
  • Unlimited access to virtual healthcare services and wellness programs.
  • Gender-inclusive paid family leave policy of up to 26 weeks for primary caregivers and 5 weeks for secondary caregivers.
  • Personalized family-building support with financial assistance available.
  • Vacation days available from day one, with additional days for milestone anniversaries and summer Friday afternoons off.
  • Hybrid work model with four in-office days from Monday to Thursday.
Full Job Description
ABOUT THE TEAM

The Total Rewards team is responsible for the design and management of PSP's global compensation and benefits programs. This team ensures competitive offerings, cross-jurisdictional compliance, and alignment with PSP's strategic objectives. Reporting to the Senior Director, Total Rewards, the Senior Manager will lead global retirement and benefits initiatives, influence PSP's directions, and manage a team of professionals. This role requires subject matter expertise while possessing strong communication skills, the ability to manage multiple complex projects and processes simultaneously, and a commitment to supporting the organization's objectives through competitive total rewards strategies.

ABOUT YOUR ROLE

As a Senior Manager, Pensions and Benefits, you'll:

  • Ensure the evolution, optimization and continuous improvement of pension and benefits programs, in support of PSP's total rewards strategy
  • Ensure the implementation and management of employee benefits and pension programs in multiple jurisdictions, ensuring compliance with local and international regulations
  • Ensure the budgetary monitoring of pension and benefits programs and contribute to the identification of optimization opportunities
  • Evaluate the effectiveness of current programs, and make recommendations to support business objectives, risk management and employee experience
  • Influence management of relationships with external vendors, including supporting service renewal and improvement processes
  • Act as a member of the various global pension committees and develop recommendations and presentations to support decision-making
  • Lead the communications strategy for the pension and benefits programs, in collaboration with the internal communications and HR teams
  • Anticipate the risks and impacts associated with regulatory changes and recommend necessary adjustments to maintain compliant and sustainable programs
  • Act as an expert advisor to HR teams and managers on pension and benefits issues
  • Lead and develop a team of benefits professionals, fostering a culture of performance and engagement
  • Contribute to cross-functional initiatives and ad hoc deliverables within the Total Rewards team


WHAT YOU'LL NEED

  • Bachelor's degree in actuarial science, human resources, business administration or related field (master's degree or CEBS is an asset)
  • Professional designation in actuarial, human resources, compensation or benefits management (CFIF, CFIA, CEBS, etc.) is an asset
  • 10+ years of progressive experience in benefits management, including at least 3 to 5 years in a leadership role
  • Strong knowledge of global benefits programs and compliance requirements
  • Proven ability to lead teams and manage complex relationships with external vendors
  • Excellent analytical, negotiation, collaboration and communication skills
  • Ability to work in a constantly changing environment with flexibility and a high level of autonomy
  • Strong organizational skills, managing competing priorities while meeting deadlines
  • Bilingualism: English and French (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)


We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:
  • Investment in career development
  • Comprehensive group insurance plans
  • Competitive pension plans
  • Unlimited access to virtual healthcare services and wellness programs
  • Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
  • A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance
  • Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
  • A hybrid work model that includes four in-office days, Monday through Thursday
  • The opportunity to work temporarily from another location in accordance with the applicable policy


*Benefits package may vary based on your employee type.

About Public Sector Pension Investment Board

The Public Sector Pension Investment Board (PSP Investments) is a Canadian pension investment manager that manages funds for the pension plans of the Canadian Public Service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. The organization was established in 1999 and is headquartered in Montreal, Quebec. PSP Investments manages a diversified portfolio of investments, including public and private equities, fixed income, real estate, infrastructure, and natural resources. The organization has a global presence, with offices in New York, London, and Hong Kong.
Learn more about Public Sector Pension Investment Board
Size
1,000 employees
Industry
Founded
1999

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