Job Description
Join a Mission-Critical Team
Are you passionate about public service and financial security? The Oregon State Treasury is seeking a visionary Senior Pension Analyst to join our PERS (Public Employees Retirement System) Division. We are dedicated to ensuring the long-term financial stability of public sector retirement benefits for generations of Oregonians.
In this pivotal role, you will utilize advanced actuarial and financial modeling skills to calculate retirement benefits, ensure regulatory compliance, and provide exceptional service to public employees. You will play a key part in shaping the financial future of our state's workforce.
Responsibilities
- Perform Complex Calculations: Analyze and calculate retirement benefits, survivor benefits, and deferred compensation options using established actuarial formulas and assumptions.
- Ensure Regulatory Compliance: Maintain strict adherence to Oregon Revised Statutes (ORS), the Oregon Constitution, and federal guidelines regarding pension administration.
- Member Services: Advise current and prospective public employees on eligibility requirements, contribution rates, and benefit projections through direct consultation and written correspondence.
- Data Integrity & Audits: Conduct rigorous quality assurance reviews and audits of pension records, ensuring data accuracy and resolving discrepancies efficiently.
- System Improvement: Collaborate with IT and administrative teams to identify process gaps and implement system enhancements that streamline pension processing.
- Reporting: Prepare detailed reports and presentations for internal stakeholders, the Board of Trustees, and legislative committees as required.
Qualifications
- Education: Bachelor’s degree in Finance, Actuarial Science, Business Administration, Economics, or a related field.
- Experience: 5+ years of professional experience in pension administration, government benefits, or actuarial analysis.
- Certifications: Professional certification (e.g., FSA, EA, CFA, or CPA) is highly preferred.
- Technical Skills: Proficiency in Microsoft Excel (VLOOKUP, PivotTables, Macros), SQL, or actuarial software (e.g., SAS, Prophet, Milliman).
- Communication: Excellent verbal and written communication skills with the ability to explain complex financial concepts to non-financial audiences.
- Problem Solving: Strong analytical thinking and attention to detail with the ability to troubleshoot complex issues.