Job Description
Join New York's premier public sector pension administration team as a Pension Plan Specialist. This remote role offers the unique opportunity to safeguard the retirement security of state employees while enjoying flexible work arrangements. As a key member of our fiduciary-focused team, you'll ensure compliance with ERISA, NY State Finance Law, and IRS regulations while delivering exceptional service to retirees and active members. Enjoy comprehensive benefits, competitive compensation, and the stability of state employment with telework flexibility.
Responsibilities
- Administer complex pension plans including NYSLRS and ERS, processing retirements, loans, and benefit adjustments
- Ensure compliance with federal/state regulations and audit requirements for multi-billion dollar retirement funds
- Provide expert guidance to members regarding retirement options, survivor benefits, and financial planning
- Analyze actuarial reports and financial statements to assess fund health and recommend policy adjustments
- Collaborate with IT teams on system upgrades and data integrity for pension administration platforms
- Prepare comprehensive reports for the State Comptroller and Retirement Board meetings
- Train new staff and develop procedural documentation for pension operations
Qualifications
- Bachelor's degree in Finance, Accounting, Public Administration, or related field required
- Minimum 5 years' experience in pension administration, benefits administration, or retirement planning
- Deep knowledge of ERISA, NY State Retirement Law, and IRS 401(a)/403(b) regulations
- Advanced proficiency with Excel, SQL, and pension administration software (e.g., Oracle PeopleSoft)
- Strong analytical skills with ability to interpret complex financial and actuarial data
- Excellent communication skills for member education and stakeholder presentations
- Professional designation (e.g., CFA, CPA, CEBS) preferred
- Experience with remote work protocols and virtual collaboration tools