Job Description
Are you a detail-oriented finance professional looking for a stable career in public service?
The State of Tennessee Department of Treasury is currently seeking a Senior Pension Plan Administrator to join our growing team in Nashville, TN. This is a unique opportunity to manage critical retirement assets for state employees in a Weekend Shift capacity.
In this role, you will oversee the administration of the state pension plan, ensuring accuracy in benefit calculations and compliance with federal and state regulations. We offer a competitive salary, excellent benefits, and the chance to make a lasting impact on the lives of Tennessee's retirees.
Responsibilities
- Manage Pension Disbursements: Oversee the processing and verification of weekly pension payments for state retirees to ensure timely and accurate disbursements.
- Actuarial Data Analysis: Analyze actuarial reports and retirement account balances to calculate benefits accurately according to state guidelines.
- Compliance & Auditing: Ensure strict adherence to ERISA regulations, state pension laws, and internal auditing standards during weekend operations.
- Retiree Support: Serve as the primary point of contact for retirees during weekend hours, resolving inquiries regarding eligibility, benefits, and account status.
- Financial Reporting: Prepare and reconcile weekly financial reports, balance sheets, and audit trails for the pension department.
- System Maintenance: Monitor and maintain pension management software systems, identifying and reporting any discrepancies immediately.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Actuarial Science, or Public Administration required.
- Experience: Minimum of 4 years of experience in pension administration, benefits management, or actuarial analysis within the public or private sector.
- Regulatory Knowledge: In-depth knowledge of ERISA, FASB, and state-specific retirement regulations.
- Technical Skills: Proficiency in MS Excel (pivot tables, VLOOKUP) and experience with financial management systems (e.g., SAP, Oracle, or legacy state systems).
- Communication: Exceptional verbal and written communication skills with the ability to explain complex financial concepts to non-technical audiences.
- Work Schedule: Ability to work a full-time schedule including weekends (Friday-Sunday) and holidays as required.