Pension Payroll Processor

Cityofnewyork; New York (NY); On-site; USD 65,000 - 90,000; Full time

Job summary

The New York City Fire Pension Fund seeks a full‑time Associate Retirement Benefits Examiner/Pension Payroll Processor in the Pension Payroll Unit, reporting to the Unit Supervisor. Under supervision, performs beginning level technical work in retirement benefits processing and examining, handling customer service, record reviews, and complex pension computations.

Responsibilities include processing retirement and death benefits, finalizations, and communications with members, agencies, and

Qualifications

• Bachelor's degree in mathematics, statistics, accounting, economics, finance, data analytics, or actuarial science.
• Associate degree or 60 semester credits with related experience as described in the job ad.
• Four-year high school diploma plus relevant experience may be substituted per the ad.

Responsibilities

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

Skills

Customer service

Analytical thinking

Mathematical computations

Education

Bachelor's degree in math/stats/acct/econ/finance

Associate degree with 3 years relevant experience

60 credits with math/stats/finance credits + 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.

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.

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.