Job Description
Join the Washington State Department of Retirement Services and safeguard the financial future of public servants.
We are urgently seeking a detail-oriented and experienced Pension Plan Administrator to join our dynamic team in the heart of Seattle. In this critical role, you will oversee the administration of state pension plans, ensuring strict compliance with federal and state regulations while delivering exceptional service to our members.
As a key member of our finance division, you will have the opportunity to make a tangible impact on the retirement security of thousands of state employees. We offer a competitive benefits package, a collaborative work environment, and the chance to work on high-stakes projects that define the state's fiscal future.
Responsibilities
- Oversee the daily operations of state pension plan administration, including member inquiries, benefit calculations, and status updates.
- Analyze actuarial data and prepare comprehensive monthly/quarterly reports for executive leadership and the Board of Trustees.
- Ensure strict adherence to ERISA regulations, Washington State retirement statutes, and internal compliance protocols.
- Collaborate with the HR and Finance departments to resolve complex member account discrepancies and benefit eligibility issues.
- Conduct regular audits of pension records to maintain data integrity, accuracy, and security.
- Develop and deliver training materials for internal staff regarding changes in pension laws and system updates.
Qualifications
- Bachelor’s degree in Finance, Accounting, Actuarial Science, or a related field required; Master’s degree preferred.
- Minimum of 5 years of progressive experience in pension administration, benefits administration, or actuarial support.
- Proficiency in Microsoft Office Suite, specifically advanced Excel functions and data analysis tools.
- Strong working knowledge of government retirement systems, ERISA, and FICA regulations.
- Excellent communication skills with the ability to explain complex financial concepts to diverse audiences.
- Ability to manage multiple priorities in a fast-paced, high-volume government environment.