Manager, Pension Solutions, Group Annuity Operations

Job Description

Manager, Pension Solutions, Group Annuity Operations

The Manager, Pension Solutions, Group Annuity Operations plays a vital role in the effective administration of our group annuity business line. You will ensure pension plan and contractual requirements, working proactively with internal stakeholders, plan sponsors, and pension consultants to successfully onboard and implement group annuity deals. This role demands someone who takes initiative, executes with precision, and drives results under the guidance of our team leaders.

• Support group annuity administration:
  From onboarding to ongoing group annuity contract servicing including pension calculations and resolving complex administration issues (for example, pension calculations and death processing)
• Ensure compliance:
  Work with legal, compliance, and finance to maintain adherence to regulatory and contractual requirements, flagging risks and recommending solutions
• Drive continuous improvement:
  Identify and contribute to process improvement initiatives, including testing system upgrades, documenting enhancements, and implementing best practices
• Execute data integration:
  Verify new annuity client data and plan provision setup in the administration system, ensuring accuracy and timeliness
• Own implementation success:
  Coordinate and participate in kick-off meetings with clients and internal stakeholders, ensuring implementation timelines are met

• Minimum 5 years of hands‑on pension administration or consulting experience, actuarial experience/background is an asset
• Strong technical knowledge of pension legislation and calculations
• Excellent analytical, organizational, and communication skills
• Strong data management background and analytical skills
• Proven initiative:
  Track record of taking ownership, solving problems independently, and driving results with minimal supervision

• Bilingualism

• Working with an award-winning team
• A comprehensive Total Rewards package that prioritizes your overall wellbeing, including flexible and modern benefits, competitive compensation and stock options
• Work where you belong as part of a supportive, inclusive team and company that celebrate your unique perspectives, background and experience and want you to bring your whole self to work, every day.
• Leaders who are invested in your success and provide opportunities to learn, to grow and to try new things. Develop new skills, sharpen existing ones and explore paths you never knew existed with a host of learning programs and tools designed to support you in every phase of your career.
• Flexible work arrangements and leaders who support your needs—both personal and professional.
• An opportunity to have real impact on the lives of our clients and the communities you serve.
• RBCI software tools to boost your productivity

Benefit Programs, Critical Thinking, Group Problem Solving, Human Resources Policies, Interpersonal Relationship Management, Process Management, Program Management, Risk Analysis, Vendor Management

Work hours/week: 37.5

Employment Type:

Full time
Platform: INSURANCE
Job Type: Regular

Pay Type:

Salaried

The expected pay range for this position is: $67,000.00 - $. The pay range provided is for the primary work location referenced in this job posting. Pay ranges may differ based on location. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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.