Pension Benefits Specialist ll 2025-01318
Pension Benefits Specialist ll 2025-01318
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Job Description
Description and Functions
Open Until Filled
GENERAL DESCRIPTION:
The Pension Benefits Specialist II aims to assistinthe training implementation and expert administration of Wyoming Retirement System (WRS) Pension Benefits Team policies and procedures.Supporting Pension Benefits Specialists I with the counseling of members on the benefits provided bytheWRSs 8 different pension plans. The Pension Benefits Specialists II assist in reviewing estimatesretirementsrefundsQDROsdisabilities and deceased benefits while helping to ensure the accuracy and completeness of the information shared with WRS members.
Human Resource Contact: Ryan Scheer
ESSENTIAL FUNCTIONS: The listed functions are illustrative only and are not intended to describe every function that may be performed at the job level.- Provide extensive customer service to members of the 8 pension plans housed in the WRS system.
Responsible for processing estimates retirement and refunds in the 8 pension plans.
Provide leadership and support to 4 Pension Benefit Specialists.
Delivers member education on all WRS benefits through oneonone counseling without providing recommendations or guidance.
Assists in the training of new member benefit specialists with ongoing coaching and training.
Assists in reviewing the final refunds and retirements for accuracy verifying account services and account balances for members and assisting in resolving any discrepancies.
Qualifications
PREFERENCES:
Preference may be given to candidates who show the ability to think independently with little supervision and can effectively lead the department in the absence of the supervisor.
KNOWLEDGE:Complete knowledge of the benefit and actuarial structures of the eight defined benefit plans administered by WRS
Complete understanding of State Statutes Board Rules and internal policies.
Skills in mathematics of finance algebraic calculation oral and written communication time management and organization.
Skills in gathering evaluating and computing financial data including high/analytical thinking and reasoning.
Ability to communicate and work with various agency personnel at all levels.
Maintain a high level of performance and professionalism with little supervision.
Ability to interact with office personnel in a team environment.
Working knowledge of software programs such as Microsoft Excel Word PowerPoint and Google GSuite. Expertise with Wyoming Retirement System database access systems.
Some knowledge of investment terminology concepts and practices.
MINIMUM QUALIFICATIONS:Education:Bachelors Degree (typically in Finance)Experience:02 years of related work experienceCertificates Licenses Registrations:NoneOREducation & ExperienceSubstitution:35 years of related work experienceCertificates Licenses Registrations:
None
Necessary Special Requirements
PHYSICAL WORKING CONDITIONS:- Typically the employee may sit comfortably to perform the work; however there may be some walking standing bending carrying light items etc.
- Special physical demands are not required to perform the work.
NOTES:- FLSA: Nonexempt
- Hiring will be contingent upon the successful passage of a background check.
Supplemental Information
072Wyoming Retirement System
Clickhere to view the State of Wyoming Classification and Pay Structure.
URL: State of Wyoming is an Equal Opportunity Employer and actively supports the ADA and reasonably accommodates qualified applicants with disabilities.Class Specifications are subject to change please refer to the A & I HRD Website to ensure that you have the most recent version.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
