Job Description
Join Illinois' premier state agency as a Pension Plan Administrator, where your expertise directly impacts public sector retirement security. This high-impact role combines rigorous financial oversight with public service excellence, offering competitive compensation and an innovative daily pay option for eligible staff members. Work in a dynamic environment shaping the future of state pension systems while enjoying Chicago's vibrant professional landscape.
Responsibilities
- Manage complex pension fund portfolios and regulatory compliance for state government retirement plans
- Analyze financial data to ensure actuarial accuracy and funding sufficiency
- Develop policy recommendations for pension plan optimization and risk mitigation
- Collaborate with legal teams on ERISA, IRS, and state pension regulation adherence
- Oversee benefit calculations, distributions, and member communications
- Lead cross-departmental audits and reporting initiatives
- Implement daily pay processing systems for temporary staff and contractors
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field (Master's preferred)
- 5+ years of pension plan administration experience with public sector entities
- Deep knowledge of ERISA, IRS 401(k) regulations, and state pension laws
- Advanced proficiency in pension management software (e.g., Millennium, Albridge)
- Series 65/66 or CPA certification required
- Experience with daily payroll systems and contractor compensation models
- Strong analytical skills with financial modeling expertise
- Excellent written communication for policy documentation and stakeholder reporting