Intern Analyst, Pension Operations (January 2027 - April 2027)

OUR COMPANY BACKGROUND & CULTURE

UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 46,000 members across six universities and nineteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for growth, our doors are open to all Ontario universities. 

UPP is recognized as one of Greater Toronto’s Top Employers for 2026. Together, we’re a team of progressive thinkers and agile doers operating within a fast-paced culture of collaboration and respect. We believe in bringing smart and capable people together to create, solve, and grow with a clear shared vision and values of integrity, inclusivity, ingenuity, and impact.

Our culture is intentionally welcoming and purposefully rooted in equity, diversity, inclusion, and reconciliation (EDI&R). We believe diverse teams, perspectives, and lived experiences contribute to better decisions and a better workplace.

As a pension plan, UPP approaches investing through a long-term lens to generate and safeguard value. Our commitment to investing responsibly accounts for material risks that impact our investment portfolio to generate sufficient risk-adjusted returns to meet the pension needs of our members.

Join us in building a bright future for our members, our organization, and each other.

THE ROLE

We are actively recruiting for an Intern Analyst, Pension Operations roles to join our team in Winter 2027, for a 4-month or 8-month internship. The Intern Analyst is responsible for supporting all aspects of pension administration including annual statement production, processing benefit calculations, developing and testing calculation tools, and other initiatives. The incumbent will also be required to have ongoing interactions with the pension data and pension policy teams, internal actuaries, legal advisors, and senior management.

This role is based in downtown Toronto under a hybrid work policy, allowing employees the flexibility to work remotely and in-office (approximately two days per week in-office).

Application Requirement: We ask that you submit a one-page resume, transcript, and a cover letter as part of the application process.

This posting is for a existing vacancy.

KEY AREAS OF ACCOUNTABILITY

The key areas of accountability for the Intern Analyst include: (i) supporting cyclical activities such as annual statements and pension indexation, (ii) preparing complex and/or non-routine member benefit calculations, and (iii) supporting other key pension services initiatives.

SPECIFIC ACCOUNTABILITIES

Pension Services Support

• Projects and tasks include preparing and/or reviewing complex or non-routine annual statements, preparing and/or reviewing pension benefit calculations, pension indexation calculations, supporting data cleansing review and update initiatives, supporting proof of life and missing member initiatives, and other duties as assigned.

 QUALIFICATIONS & EXPERIENCE

• Completion of second-year business, finance or actuarial science program
• Some pension plan or actuarial industry experience is an asset
• Strong ability to set up and manipulate spreadsheets in Excel
• Strong computer skills including solid grasp of MS Office applications and advanced Excel skills
• Experience coding SQL, Mail Merge or Excel VBA are assets

ATTRIBUTES

• Demonstrated ability to manage the ambiguity and shifting work demands inherent in a start-up environment
• An ambitious self-starter and collaborative team player and who brings a positive can-do, roll-up-your-sleeves attitude in a highly entrepreneurial, fast-paced environment
• Resourceful and persistent in gathering and assessing information with the ability to quickly assimilate knowledge
• Good numeric skills to ensure accuracy in calculations of pension entitlements
• Logical and detail oriented.
• Strong communication skills, both verbal and written
• High degree of professionalism and integrity

EXPECTED COMPENSATION

The expected compensation for this role is an annualized base salary in the range of $50,500 to $61,500. This range reflects base salaries for all intern levels and is subject to change and may be modified in the future. Salaries are aligned to academic year and role scope. 

LIFE AT UPP

Do work that matters. We are duty-bound to serve our members’ interests, and it’s a responsibility we don’t take lightly. That’s why we’ve ingrained sustainability in our work from day one—to ensure our members have a resilient future to retire into, both today and for generations to come.

Stronger together. Collaboration is how UPP was born, and it’s how we work with each other and our partners day in, day out. No one at UPP is just a number (even if they are excellent at math) and every win is a shared win.

Grow every day. You’ll have the opportunity to work on unique, once-in-a-career projects that maximize your skill set and probably teach you some new ones—at any stage in your career.

Prioritize wellness. At UPP, wellness takes many forms. Ultimately, it’s about ensuring our people are cared for in the ways that matter to them. Check out some highlights of our inclusive employee-focused benefits program including:

• Supportive and welcoming onboarding through the UPP Buddy Program
• Free snacks and beverages (coffee, tea, and flavored water) in the office 
• Monthly social events
• Paid holidays
• Slowdown periods and Mental Health Days

This posting will remain open for a minimum of seven (7) days and will remain open until a sufficient number of qualified applications are received or finalist candidates have been identified.

Artificial intelligence (AI) tools may be used to support certain stages of the recruitment process, including sourcing, screening, and assessment. All hiring decisions involve human review and intervention by UPP employees.

UPP enthusiastically welcomes applications from all qualified applicants and especially invites people with lived experience as an Indigenous person, a person with a disability or as a member of another Human Rights Code protected group that faces barriers to employment to apply. Our goal is to create a barrier-free experience for every candidate throughout the recruitment process.

UPP respects your privacy. For information on how UPP handles the personal information you provide during the application process, please see our Job Applicant Privacy Statement.