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Finance 🏢 Full Time ⭐️ Verified

Pension Plan Specialist

Chicago Municipal Employees' Annuity and Benefit Fund
Chicago, IL
Estimated Salary
USD 52.000 – USD 65.000
New
Live Update
2 September 2026
Deadline
2 Sep 2027

Job Description

Join our mission to secure financial futures for Chicago's public servants! We're seeking passionate entry-level Pension Plan Specialists to administer retirement benefits for municipal employees. This hybrid role combines on-site collaboration at our downtown Chicago office with remote flexibility. You'll gain hands-on experience in pension administration, compliance, and financial stewardship while supporting 80,000+ active and retired beneficiaries. Perfect for recent graduates with finance or public administration degrees looking to launch impactful careers in government finance.

Responsibilities

  • Process pension enrollments, contributions, and distribution requests with 99.8% accuracy
  • Assist in compliance testing for ERISA and IRS regulations
  • Respond to participant inquiries via phone/email within 24 hours
  • Maintain digital records using pension administration software (Milliman or similar)
  • Prepare monthly reconciliation reports for fund auditors
  • Support annual open enrollment campaigns for municipal employees
  • Collaborate with finance teams on benefit projections and funding strategies

Qualifications

  • Bachelor's degree in Finance, Accounting, Public Administration, or related field
  • 0-2 years of experience in benefits administration or financial services
  • Proficiency in Microsoft Excel (VLOOKUP, PivotTables)
  • Strong understanding of basic pension terminology (vesting, accruals, etc.)
  • Excellent written and verbal communication skills
  • Ability to handle confidential data with discretion
  • Detail-oriented approach with error prevention focus
  • US citizenship or permanent residency required for government contract

Required Skills

Pension Plans Government Finance Data Entry Excel Compliance Benefits Administration Communication Confidentiality

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