Retirement Benefits Specialist

3 days ago


Rockville, Maryland, United States Montgomery County Employee Retirement Plans Full time
About the Position

Montgomery County Employee Retirement Plans (MCERP) is seeking a highly skilled professional to join our team as a Retirement Analyst/Senior Retirement Analyst. This is a senior-level position that requires advanced analytical and advisory skills, as well as strong organizational and communication abilities.

Key Responsibilities
  • Perform analytical and advisory functions concerning the County's defined contribution and defined benefit retirement plans.
  • Provide advanced-level retirement counsel and service to employees, retirees, and other beneficiaries.
  • Support actuarial evaluation of defined benefits, conduct studies to develop policy recommendations, and determine eligibility for various defined benefit and defined contribution plans.
  • Calculate benefit options, make adjustments to benefit amounts, and counsel employees/others completing the retirement process.
  • Analyze and research complex financial issues, prepare written/oral reports, and provide guidance and assistance to County retirees on matters pertaining to pension payment activities.
Requirements

The ideal candidate will possess strong time management, problem-solving, and organizational skills, as well as considerable knowledge of and experience working with public pension and defined contribution retirement plans. A bachelor's degree from an accredited college or university in business administration, public administration, accounting, finance, or another field that provided a strong foundation in the area(s) of assignment is required. Three to five years of professional experience in the day-to-day administration of public pension plans is also required.

Preferred Criteria
  • Experience with managing programs and projects.
  • Experience with researching and identifying relevant sources of information and synthesizing and analyzing data of various complexity and importance.
  • Experience with retirement benefits, including defined benefit and defined contribution retirement plans.
  • Experience with computer applications/software such as Oracle, PeopleSoft, and the Microsoft Office Suite, including Excel, Word, and Access.
  • Experience with HRIS/pension systems and its functionalities in managing, reporting, and/or improving retirement processes and services.
What We Offer

Montgomery County Government offers a generous benefits package, including a competitive salary range of $81,047 to $130,323, depending on the level of the position. The County also offers a comprehensive benefits package, including medical, dental, and vision insurance, as well as a retirement plan and paid time off.



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