PENSION PAYROLL PROCESSOR

New York City; Manhattan (KS); On-site; USD 65,000 - 90,000; Full time

Job summary

The City of New York is seeking an Associate Retirement Benefits Examiner/Pension Payroll Processor to join the Pension Payroll Unit. Under supervision, you perform beginning-level technical work in retirement benefits processing and examining, including customer service, record reviews, and complex computations.

You will assist with retirement and death benefits, and ensure payroll accuracy while maintaining data integrity.

Qualifications

• Bachelor’s degree in mathematics, statistics, accounting, economics, finance, data analytics, project management, business administration, public administration and/or actuarial science.
• Two years of satisfactory full-time experience in analytical, administrative or customer service work within a financial institution, retirement system, or pension, or one year of mathematical/statistical/accounting computations in a retirement/employee benefits plan.
• Associate degree or 60 credits with three years of related experience or two years with mathematical/actuarial/ accounting computations.
• Sixteen additional credits in math/statistics/accounting/economics/finance/data analytics within 60 credits and two years relevant experience.
• Four-year high school diploma with required experience as described.
• Satisfactory education/experience combination allowances and substitutions per policy.

Responsibilities

• Provide customer service to the Fund's clients.
• Correspond with members, agencies, and attorneys regarding pension benefits.
• Assist members with questions and referrals.
• Review records for accuracy of member information.
• Assist in processing retirement benefits, death benefits and pension finalizations with complex computations.
• Perform mathematical, statistical, or accounting computations related to Pension payroll processing.

Skills

Customer service

Analytical thinking

Communication

Problem solving

Education

Bachelor’s degree in mathematics / statistics / accounting / economics / finance / data analytics / actuarial science

Bachelor’s degree with two years of analytical/customer service experience in finance/pension

Associate degree with 60 credits and required math/analytics coursework + 2+ years experience

Job description

The New York City Fire Pension Fund seeks a full-time Associate Retirement Benefits Examiner/Pension Payroll Processor in the Pension Payroll Unit, reporting directly to the Unit Supervisor or his/her designee. Under direct supervision, performs beginning level technical work in the field of retirement benefits processing and examining; performs one or more of the following tasks:

• Provide customer service to the Fund's clients.
• Corresponds with members and other agencies, attorneys regarding pension benefits.
• Assists members with general questions and provides the necessary referrals.
• Reviews records to ensure accuracy of the member's information.
• Assist in processing retirement benefits, death benefits & pension finalizations utilizing complex computations.
• Perform mathematical, statistical, or accounting computations related to Pension payroll processing for members and their beneficiaries.

ASSOCIATE RETIREMENT BENEFITS - 40493

Minimum Qualifications

1. A baccalaureate degree from an accredited college in mathematics, statistics, accounting, economics, finance, data analytics, project management, business administration, public administration and/or actuarial science.
2. A baccalaureate degree from an accredited college and:
   • a) Two years of satisfactory full-time experience performing analytical, administrative or customer service work within a financial institution, retirement system, or pension performing one or more of the following: financial account management, resolving complex financial inquiries, or ensuring compliance with regulatory standards; or
   • b) One year of satisfactory full-time experience performing mathematical, statistical, actuarial, or accounting computations in one or more of the following:
     • i) a retirement or employee benefits plan; and/or
     • ii) for customer service in a financial institution; and/or
     • iii) in a position requiring the application of law, rules, and regulations and the use of statistical, actuarial, or similar tables.
3. An associate degree or completion of 60 semester credits from an accredited college and either three years of experience as described in “2(a)” above, or two years of experience as indicated in "2(b)" above
4. An associate degree or completion of 60 semester credits from an accredited college, including or supplemented by 9 semester credits in mathematics, statistics, accounting, economics, finance, data analytics, project management, business administration, public administration and/or actuarial science and two years of experience as described in “2(a)” above, or one year of experience as indicated in 2(b)" above
5. A four-year high school diploma or its educational equivalent and either four years of experience as described in “2(a)” above, or three years of experience as indicated in "2(b)"
6. A satisfactory combination of education and/or experience equivalent to "1", “2’, "3", “4”, or "5" to the above. College education may be substituted for the experience described above on the basis that:
   • a) Fifteen semester credits from an accredited college including at least three semester credits in the areas described in “4” above may be substituted for six months of the required work experience.
   • b) Thirty semester credits from an accredited college may be substituted for six months of the required work experience.
   • c) However, all candidates must have a four-year high school diploma or its educational equivalent and either a baccalaureate degree as described in "1" above, or at least two years of experience as described in "2 (a)" above, or one year of experience as described in "2 (b)" above.

55a Program

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.