Job Description
Are you ready to make a lasting impact in the public sector?
The Louisiana State Retirement System is currently Urgent Hiring for a dedicated Government Pension Plan Administrator to join our dynamic team in New Orleans, Louisiana. If you possess a strong background in finance, public administration, and employee benefits, we want to hear from you.
In this pivotal role, you will be responsible for ensuring the accurate processing and management of pension benefits for thousands of government employees. We offer a competitive salary, comprehensive benefits package, and a collaborative work environment. Join us in safeguarding the financial future of our retirees and apply today!
Responsibilities
- Manage Pension Processing: Oversee the end-to-end processing of pension claims, including eligibility verification, benefit calculations, and disbursements.
- Compliance & Auditing: Conduct regular audits of pension records to ensure strict adherence to federal (ERISA) and state-specific retirement regulations.
- Member Inquiries: Provide expert, high-level consultation to current and former employees regarding retirement options, vesting schedules, and survivor benefits.
- Policy Development: Collaborate with the legal and HR departments to update and interpret pension plan documents and internal procedures.
- Data Analysis: Utilize data analytics to monitor trends in pension usage and identify areas for process improvement.
- Collaboration: Work closely with the payroll department and external actuaries to ensure accurate financial forecasting and reporting.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Business Administration, or Public Administration required.
- Experience: Minimum of 3-5 years of experience in government benefits administration, pension management, or a related financial role.
- Regulatory Knowledge: Demonstrated understanding of ERISA (Employee Retirement Income Security Act) and state retirement laws.
- Technical Skills: Proficiency in Microsoft Office Suite (Excel advanced functions) and experience with ERISA administration software.
- Soft Skills: Exceptional attention to detail, strong analytical problem-solving abilities, and excellent verbal and written communication skills.