Job Description
Join the U.S. Department of Labor as a Federal Pension Benefits Specialist in Philadelphia, PA. This critical role ensures compliance with the Employee Retirement Income Security Act (ERISA) and safeguards retirement benefits for millions of Americans. You'll work at our regional office dedicated to pension plan oversight, analyzing complex financial documents, conducting plan audits, and providing guidance to employers and trustees. Enjoy competitive federal benefits, including robust retirement plans and work-life balance initiatives. Be part of a mission-driven team protecting workers' financial futures.
Responsibilities
- Conduct comprehensive audits and examinations of multi-employer pension plans to ensure ERISA compliance
- Analyze financial reports, actuarial valuations, and funding status projections
- Investigate consumer complaints and potential plan violations through on-site examinations
- Develop corrective action plans for non-compliant retirement plans
- Provide technical guidance to plan sponsors, trustees, and legal representatives
- Collaborate with legal teams to enforce regulations and initiate enforcement actions
- Prepare detailed examination reports and recommend policy improvements
Qualifications
- Bachelor's degree in Finance, Accounting, Actuarial Science, or related field
- Minimum 5 years of pension plan administration or benefits compliance experience
- Deep knowledge of ERISA, PBGC regulations, and IRS pension code
- Professional certification (e.g., CEBS, CFA, CPA) strongly preferred
- Advanced proficiency in financial analysis software and Excel modeling
- Excellent written and verbal communication skills for regulatory reporting
- Ability to manage complex cases with competing deadlines
- U.S. citizenship and ability to obtain federal security clearance