Job Description
Join the Backbone of Our Community. The City of San Jose is seeking a highly skilled and detail-oriented Senior Government Pension Administrator to lead our retirement benefits division. In this pivotal role, you will oversee the administration of the City's comprehensive pension plan, ensuring the financial security and retirement readiness of thousands of public servants.
We offer a stable, mission-driven environment with competitive compensation and a robust pension plan. If you have a passion for public service and possess expert knowledge of government benefits, we want to meet you.
Responsibilities
- Lead Pension Administration: Manage the end-to-end lifecycle of pension processing, including member contributions, benefit calculations, and final distribution of retirement funds.
- Ensure Regulatory Compliance: Interpret and apply federal and state regulations (such as FERS, CalPERS guidelines, and ERISA) to ensure the City’s pension plan remains compliant and audit-ready.
- Member Support & Education: Serve as the primary subject matter expert for City employees, providing detailed guidance on retirement eligibility, vesting schedules, and benefit projections.
- Data Analysis & Reporting: Prepare complex actuarial reports and financial statements for the City Council and external auditors, analyzing trends in employee demographics and funding status.
- Process Improvement: Identify inefficiencies in current pension workflows and implement system upgrades or procedural changes to enhance operational efficiency.
- Collaborative Stakeholder Management: Work closely with the Finance Department, HR team, and external actuaries to ensure alignment on long-term financial planning and budgeting.
Qualifications
- Education: Bachelor’s degree in Finance, Actuarial Science, Public Administration, or a related field required. Master’s degree preferred.
- Experience: Minimum of 5-7 years of experience in pension administration, government benefits management, or actuarial consulting.
- Technical Skills: Proficiency in Microsoft Office Suite (Excel advanced functions) and experience with HRIS or Pension administration software (e.g., SAP, Oracle, or custom government systems).
- Regulatory Knowledge: Strong working knowledge of government retirement systems, including CalPERS or similar state/federal pension frameworks.
- Attention to Detail: Exceptional analytical skills with a proven track record of accuracy in handling sensitive financial data.
- Communication: Excellent verbal and written communication skills, capable of translating complex financial concepts for non-technical audiences.