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Pension Analyst
Job Description
Position posted until filled
General Description And Classification Standards
Interfaces with employees to provide customer service information on the pension plan and provides pension benefit estimates upon request. This is an experienced, professional level capable of carrying out most assignments typical of the profession with limited guidance or review. This level would be considered a promotional level and attainable by any incumbents in a work group who demonstrate the necessary knowledge, ability, and performance. Could be the only professional in this specialty in a work group. Supervision Received Performs work under general supervision with review and advice from manager or a senior level professional.
Essential Duties & Responsibilities These are typical responsibilities for this position and should not be construed as exclusive or all inclusive. May perform other duties as assigned. Interfaces with employees to provide information on the pension plan and provides pension benefit estimates upon request. Acts as communication liaison with third party administrators of three City pensions. Coordinates, schedules and conducts educational seminars pulling in expertise and resources as needed. Calculates estimated employee pension amount upon request of employee. Pulls sick and vacation leave and factors into pension calculation and coordinates information with third party administrators. Escalates issues to Senior Pension Analyst or Pension Administrator.
Decision Making Follows standardized procedures and written instructions to accomplish assigned tasks. Leadership Provided None. May oversee temporary or contract workers as needed Knowledge, Skills & Abilities This is a partial listing of necessary knowledge, skills, and abilities required to perform the job successfully. It is not an exhaustive list. General knowledge of pension plan administration and calculations General accounting and GAAP knowledge Strong MS Office, accounting software and database skill Good verbal, written and presentation skills Ability to calculate employee pension estimates using appropriate accounting/pension software Ability to communicate clearly verbally and in writing.
Qualifications
Minimum Qualifications Education and Experience Associates degree in accounting, business or related field (Equivalent professional experience may be considered for substitution for the required degree on an exception basis) or some college. 2-3 years of benefits or pension experience.
Preferred Education & Experience
Bachelor’s degree in accounting, finance or related field (Equivalent professional experience may be considered for substitution for the required degree on an exception basis) with 2 years’ of accounting and/or pension experience. Licensures and Certifications None required. CBP certification is desirable.
Essential Capabilities and Work Environment Required physical, lifting, and sensory capabilities are requirements to perform the job successfully. Typical environmental conditions associated with job.
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