Job Description
Join California's premier state agency in an urgent hiring initiative for a Pension Plan Administrator. This critical role ensures the financial integrity and regulatory compliance of public employee retirement benefits. Enjoy comprehensive health coverage, paid time off, and a state-sponsored pension plan with employer contributions up to 8%. Work in a collaborative environment with competitive benefits and career advancement opportunities.
Responsibilities
- Manage pension fund investments, disbursements, and compliance with ERISA and state regulations
- Conduct eligibility determinations and benefit calculations for retirees and beneficiaries
- Develop and implement risk mitigation strategies for pension portfolio management
- Prepare quarterly and annual financial reports for legislative oversight
- Collaborate with HR departments to resolve complex pension-related inquiries
- Oversee vendor relationships and third-party administration services
- Lead training sessions on pension policies and retirement planning
Qualifications
- Bachelor’s degree in Finance, Accounting, Public Administration, or related field
- 5+ years of pension fund administration or retirement planning experience
- Valid California CPA or CFA designation preferred
- Proficiency in pension administration software (e.g., Oracle, PeopleSoft)
- Deep understanding of CalPERS or equivalent state pension systems
- Strong analytical skills with experience in financial modeling
- Excellent communication skills for stakeholder engagement
- Ability to manage confidential data with strict compliance standards