Retirement Manager

City of Alexandria•Alexandria, VA
•Onsite

About The Position

The City of Alexandria’s Finance Department is looking for a personable, collaborative, detail-oriented Retirement Manager to join our team. As a member of the Pension and Payroll Division, the Retirement Manager provides staff support to the employee/employer pension investment board in administering the investments of the public safety and supplemental defined benefit contribution plan. Under the guidance of the Retirement Administrator, this position will supervise a team of four Retirement Specialists. In the absence of the Retirement Administrator, this position will serve as the Retirement Administrator.

Requirements

  • Minimum four-year college degree and five years of related experience or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.

Nice To Haves

  • People-oriented, self-motivated professional
  • Manage critical details and perform financial analysis
  • Supervisory experience
  • Administrative support for monthly and quarterly pension meetings
  • Knowledge and experience working with state retirement and pension plans
  • Strong customer service experience
  • Forward thinking approach to technology
  • Comfortability speaking in front of a group, conducting training and informational meetings
  • Five years of experience with benefit design and plan administration in defined benefit and defined contribution plans
  • two or more years of senior-level management experience
  • five to six years of experience in retirement plan administration
  • experience working with collective bargaining agreements

Responsibilities

  • Trains, guides, reviews, coaches, motivates staff
  • Supports all aspects related to operational, technical, and organizational administration of the nine retirement plans
  • Develops, reviews, implements, and documents internal administrative procedures
  • Develops and maintains strong internal controls to detect and prevent errors in transactions and calculations
  • Acts as liaison to third-party administrators and other City support staff (ITS & Payroll)
  • Supports the City’s liaison to the investment consultant and investment manager
  • Administrative support for the 4 investment board
  • Reviews data and benefit calculations
  • Supports the Retirement Administrator in the preparation of exhibits for the ACFR and Internal Auditor
  • Maintains compliance with relevant Federal, State, and local regulations/guidelines
  • Maintains strong working relationships with professionals inside and outside the organization; serves as the primary contact for vendors and other city departments
  • Provide counseling and education to employees on the City’s retirement plans
  • Coordinates and leads retirement workshops & training
  • Counsels prospective retirees and terminating employees on retirement options, coordinates preparation of required applications for the distribution process
  • Assists in interpreting laws, regulations and policies, and assists in the review and updates of plan documents and collective bargaining agreements
  • Cover the duties of the Retirement Administrator when they are absent
  • Performs related work as required

Benefits

  • The starting salary range for this position is $74,423.18 to $99,692.06 based on qualifications and experience.
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