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Pension Plan Administrator

Illinois State Pension Authority
Chicago
Estimated Salary
USD 75.000 – USD 95.000
New
Live Update
29 Juli 2026
Deadline
29 Jul 2027

Job Description

Join Illinois' premier public pension fund as a Pension Plan Administrator and safeguard retirement futures for thousands of public servants. This high-impact role requires meticulous attention to detail, deep regulatory knowledge, and unwavering commitment to financial integrity. Work in a collaborative environment where your expertise directly impacts community well-being while enjoying competitive benefits and career growth opportunities.

Responsibilities

  • Manage pension fund portfolios including asset allocation, investment monitoring, and compliance reporting
  • Process and verify retirement applications, benefit calculations, and disbursements
  • Develop and implement pension policy updates aligned with federal/state regulations (ERISA, IRS codes)
  • Conduct comprehensive financial modeling and actuarial valuations
  • Collaborate with external auditors and legal counsel for annual compliance reviews
  • Lead stakeholder communications with retirees, employers, and government agencies

Qualifications

  • Bachelor's degree in Finance, Accounting, Actuarial Science, or related field
  • 3+ years pension administration or benefits management experience
  • Proficiency in pension administration software (e.g., Millennium, FIS PensionPro)
  • Strong understanding of ERISA, IRS 415/416 regulations, and public pension governance
  • Series 65 or 66 investment advisor license preferred
  • Advanced Excel skills with financial modeling capabilities
  • Excellent analytical and problem-solving abilities

Required Skills

Pension Administration ERISA Compliance Financial Modeling Actuarial Valuations Stakeholder Communication Regulatory Compliance Investment Portfolio Management Government Finance

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