Job Description
Join the Commonwealth Retirement Services team as a dedicated Pension Administrator. We are currently seeking a highly skilled professional to manage critical retirement plan operations for government employees. This is an immediate hire opportunity for a self-motivated individual to contribute to the financial stability of retirees while enjoying the flexibility of a fully Remote work environment from our Boston headquarters.
In this pivotal role, you will ensure the accurate processing of pension claims, maintain strict compliance with state and federal regulations, and provide exceptional service to our client base. If you have a background in government finance and a commitment to excellence, we want to hear from you.
Responsibilities
- Oversee the daily operations of the pension fund, ensuring accurate record-keeping and data entry.
- Process retirement applications, conduct eligibility verifications, and calculate benefit payments.
- Ensure strict compliance with ERISA, FERPA, and Massachusetts state retirement laws.
- Communicate complex pension information clearly to retirees, beneficiaries, and stakeholders via phone and email.
- Conduct regular audits of pension files to identify discrepancies and ensure regulatory adherence.
- Collaborate with the IT department to maintain and update pension administration software.
Qualifications
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field (or equivalent experience).
- Minimum of 3-5 years of experience in pension administration, government benefits, or retirement plan management.
- Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and experience with ERISA-compliant software.
- Strong analytical skills with a keen attention to detail and high level of accuracy.
- Excellent verbal and written communication skills for interacting with diverse populations.
- Ability to work independently in a remote setting and meet strict deadlines.