Job Description
Urgently Hiring: Government Pension Specialist
We are seeking a highly skilled and detail-oriented Senior Government Pension Administrator to join the State of Ohio's Department of Administrative Services. In this pivotal role, you will be responsible for the accurate administration and management of our comprehensive Pension Plan, ensuring the financial security and retirement benefits of our valued public servants.
Our organization offers a stable, mission-driven environment with a robust pension plan, competitive benefits, and opportunities for professional growth. If you are an expert in government regulations and retirement planning, we want to hear from you.
Responsibilities
- Pension Administration: Oversee the daily operations of the state pension plan, including member data processing, contribution verification, and benefit calculations.
- Compliance & Auditing: Ensure strict adherence to state laws, federal regulations (ERISA), and internal control policies regarding pension disbursements.
- Member Services: Serve as the primary point of contact for public sector employees regarding pension inquiries, providing clear and accurate guidance on eligibility and vesting.
- Data Analysis: Analyze pension fund trends and member demographics to identify opportunities for process improvement and financial optimization.
- Policy Implementation: Assist in the development and implementation of new pension policies and procedural updates to align with changing legislative requirements.
- Collaboration: Work closely with the HR department, actuaries, and external auditors to ensure the financial health and transparency of the pension fund.
- Reporting: Prepare accurate reports and summaries for executive leadership regarding pension fund status and member participation rates.
Qualifications
- Education: Bachelor’s degree in Finance, Public Administration, Accounting, or a related field (Master’s degree preferred).
- Experience: Minimum of 5-7 years of experience in government pension administration, HR benefits, or actuarial science.
- Knowledge: Deep understanding of state and federal government pension laws, retirement systems, and applicable accounting standards.
- Skills: Proficiency in HRIS software and Microsoft Office Suite (Excel advanced functions required).
- Communication: Excellent verbal and written communication skills with the ability to explain complex financial concepts to non-technical audiences.
- Integrity: Unwavering commitment to confidentiality, ethics, and the highest standards of professional conduct.
- Problem Solving: Strong analytical skills with a proactive approach to troubleshooting and resolving member inquiries efficiently.