Deputy Pension Administrator

This class is responsible for directing the daily operation of the Pension Office including eligibility determination, appeals, payment processing, conducting financial analysis, accounting and monitoring of investment accounts to provide advice and recommendation to the Administrator.

• Over nine billion dollars in Trust Fund Assets
• 43,000 active employees
• Over 27,000 retirees

Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.

• Directs the processing of all retirement applications, requests for benefit estimates, appeals determinations and counseling services in a timely, effective manner.
   
• Provides an accurate accounting of invested monies and pension payments.
   
• Monitors and analyzes investment accounts.
   
• Monitors and analyzes evolving legal, medical, financial, actuarial and economic trends and developments to provide the most beneficial and cost effective pension program for the State .
   
• Conducts research and develops new or revised draft legislation to strengthen the financial and competitive position of the State's pension programs.
   
• Provides timely and accurate information, explanations and interpretations to various officials including legislators, agency management, the Governor's Office and State employees.

JOB REQUIREMENTS for Deputy Pension Administrator

Please attach a resume with your online application or use the resume tab in DEL to provide a detailed description of how your education, training and/or experience meets each job requirement including employer, experience/responsibilities and dates (month/year) of employment/training.  Applicants must have education, training and/or experience demonstrating competence in each of the following areas:  

1. Possession of a Bachelors degree or higher in Accounting, Business Administration, Economics, Finance, Business Management, Computer Information Systems or related field.
2. Six months experience in financial administration such as comprehensive analysis of programs, budgets, projects, services, alternatives, and costs; financial planning, revenue generation, revenue forecasting, expenditure forecasting, cash flow management and establishing internal control.
3. Three years’ experience in auditing financial records and documents in accordance with Generally Accepted Auditing Standards, including assessment of internal and external controls.
4. Six months experience in information system functional support which includes planning for informational needs to initiate system changes; developing user, operational and program documentation; coordinating, overseeing and participating in the testing of new/modified computer program enhancements by creating test data, analyzing the system's actions and determining critical system performance to ensure applications meet user needs.
5. Three years’ experience in interpreting and enforcing state and federal pension statutes, laws and regulations related to defined benefits plans.
6. Six months experience in staff supervision which includes planning, assigning, reviewing, and evaluating the work of others.
7. Knowledge of developing policies and procedures.

To learn more about the comprehensive benefit package please visit our website at http://ben.omb.delaware.gov/

Accommodations are available for applicants with disabilities in all phases of the application and employment process.  To request an auxiliary aid or service please call (302) 739-5458. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance.  The State of Delaware – An Equal Opportunity and Affirmative Action Employer.