Job Description
Join the Future of State Retirement Administration
Are you an expert in pension planning and public sector finance? We are urgently hiring a Senior Pension Administrator to join our high-impact team at the California Public Employees' Retirement System (CalPERS). This is a unique opportunity to shape the financial security of millions of public servants.
We are looking for a visionary leader to oversee complex benefit calculations, ensure regulatory compliance, and optimize our pension processing workflows. If you are driven by public service and possess exceptional analytical skills, we want to hear from you.
Responsibilities
- Lead Pension Calculations: Oversee the complex actuarial calculations for member benefits, ensuring accuracy and adherence to state pension laws.
- Regulatory Compliance: Monitor and interpret changes in ERISA regulations and California State Government pension codes to ensure full compliance.
- Process Improvement: Identify inefficiencies in current workflows and implement innovative solutions to enhance service delivery to members.
- Team Leadership: Mentor junior administrators and actuarial staff, fostering a culture of excellence and continuous improvement.
- Member Relations: Serve as a subject matter expert for internal stakeholders and external members regarding benefit inquiries and pension projections.
- Financial Reporting: Prepare high-level financial reports and actuarial summaries for executive leadership and oversight committees.
Qualifications
- Education: Bachelor’s degree in Actuarial Science, Finance, Economics, or a related field; Master’s degree preferred.
- Certifications: Professional designation such as FSA (Fellow of the Society of Actuaries), CFA, or CPA is highly desirable.
- Experience: Minimum of 5-7 years of experience in pension administration, actuarial consulting, or state government finance.
- Technical Skills: Proficiency in data analysis software (Excel, SQL) and pension management information systems.
- Communication: Excellent verbal and written communication skills, with the ability to explain complex financial concepts to diverse audiences.
- Attention to Detail: Unwavering commitment to accuracy in financial modeling and data entry.