Job Description
We are seeking a highly skilled and detail-oriented Senior Pension Administrator to join the Office of Management and Finance. In this critical role, you will be responsible for the comprehensive administration of the City's defined benefit and defined contribution pension plans. You will ensure the financial health of our retirement programs while providing exceptional service to current and prospective employees. This position offers the opportunity to make a tangible impact on the financial security of our community's workforce.
As a key member of our Benefits team, you will oversee complex calculations, ensure strict regulatory compliance, and serve as a subject matter expert on pension policies. We are looking for a professional who is committed to public service, possesses strong analytical abilities, and thrives in a dynamic government environment.
Responsibilities
- Oversee the daily operations of the pension administration department, ensuring accurate processing of retirement applications, contributions, and benefit payments.
- Provide expert guidance and counseling to City employees regarding retirement eligibility, vesting, and benefit projections.
- Conduct regular audits of pension records and accounts to ensure compliance with applicable federal, state, and local laws (including ERISA and Oregon Revised Statutes).
- Analyze actuarial reports and financial data to advise management on the long-term sustainability and performance of pension plans.
- Collaborate with external actuaries, investment consultants, and legal counsel to resolve complex benefit inquiries and ensure optimal plan governance.
- Develop and update employee handbooks, policy memos, and training materials related to retirement benefits.
- Manage relationships with third-party administrators and vendors to ensure seamless service delivery.
Qualifications
- Bachelor’s degree in Accounting, Finance, Human Resources, Business Administration, or a related field required.
- Minimum of 5 years of experience in public sector benefits administration, pension management, or actuarial support.
- Strong working knowledge of government retirement systems, ERISA regulations, and state-specific pension laws.
- Proficiency in Microsoft Office Suite, with advanced skills in Excel (pivot tables, v-lookups) and experience with HRIS/Pension administration software (e.g., Ceridian, SAP, or similar).
- Excellent analytical and problem-solving skills with a high attention to detail.
- Strong interpersonal and communication skills, with the ability to explain complex financial concepts to diverse audiences.
- Ability to maintain confidentiality and handle sensitive financial information with the highest integrity.