United States Job Openings
Indiana Public Retirement System
Retirement Quality Analyst 1
FULL TIME
October 24, 2024
Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately 473,000 members and retirees representing approximately 1,244 employers, including public universities, school corporations, public safety, municipalities and state agencies. The Indiana Public Retirement System is a public pension fund who manages approximately over $50 billion in assets, making it one of the largest in the United States. We are located in the heart of the city, in downtown Indianapolis, near the circle & across the street from our monumental state house. This position will allow a remote work arrangement after 6-8 weeks of onsite training, but will require Indiana state residency. This position is not eligible for H-1B or any other kind of temporary or permanent sponsorship for work authorization by the Indiana Public Retirement System. Therefore, if you will require sponsorship from us for work authorization now or in the future, we cannot consider your application at this time.
Why Join?
INPRS’ believes that are the foundation of our success. It takes people with different backgrounds, ideas, and strengths to be successful. in life is important. We strive to have a flexible and supportive environment while not sacrificing service to our members. We pride ourselves by modeling a collaborative, diverse and inclusive environment for our employees. Our mission. “_As fiduciaries, educate stakeholders, collect necessary contributions, and prudently manage member assets to deliver promised defined benefit and defined contribution benefits and services”. _
Your Impact:
The Analyst I is part of the Operations Quality Assurance team that is responsible for monitoring the processes, procedures, and controls of a group system of state retirement plans ensuring performance and quality of work is maintained while conforming to the State and Federal retirement laws.
Essential Duties:
- Perform quality control audits on member accounts to verify service adjusted internally is accurate and test accuracy of service incremented by system
- Perform quality control audits in accordance with the established systematic audit criteria and sampling plan to ensure accuracy of data inputs on both initial-retirement, post-retirement, survivor, and death accounts and compliance with state retirement plan provisions
- Perform quality control reviews of manual payment entries to verify accuracy
- Review other processes such as account balance adjustments, social security number changes, account merges, and manually created calculations
- Provide support in the analysis of various internal and external reports
- Reconcile complex discrepancies between accounts
- Assist with special quality assurance/control projects when assigned
- Perform related duties as assigned
- Basic knowledge of federal and state tax laws, policies, and procedures as they pertain to the agency
- General knowledge of organization, functions, goals and purposes of department and agency
- Customer focus mindset
- Basic problem solving, analytical, and decision-making skills
- Ability to attain and maintain high production levels efficiently and accurately
- Good organizational and time management skills and ability to produce accurate, quality work
- Ability to interpret work papers from various internal and external reports
- Ability to develop and maintain good work relationships and be an effective team member
- Pursue continuous improvement in various aspects of responsibility
- Ability to work under pressure of formal schedules and deadlines
- Written and verbal communication skills
- Ability to perform arithmetic calculations and reconcile discrepancies between accounts
- Basic skill level on Microsoft Excel, Outlook, and Word
- General understanding of internal controls
- Ability to multi-task and able to readily shift priorities
- Ability to work independently with minimal supervision
- Communication skills
- Analytical
- Integrity
- Judgement
- Adaptable
- Rational
- Ethical
- Organized
- Maintain confidentiality
- Accredited Training
- At least 1 year of data processing or relevant experience preferred; not required
- Associate degree in Accounting, Finance or business-related field preferred
- Competitive compensation
- Remote Work Arrangement (after 6-8 weeks of onsite training)
- Healthcare coverage (medical / dental / vision)
- Health savings account with employer contribution
- Prescription coverage
- Employer funded retirement plan (pension plan)
- Deferred compensation plan (employer and/or employee contribution plan)
- Flexible spending account
- Work/life balance (37.5 hours weekly)
- 12 paid holidays; 14 during election year
- Paid leave (personal, sick, vacation)
- Tuition reimbursement
- Professional credential reimbursement
- Group life insurance
- Employer-paid downtown parking
For more information about our organization, please visit our INPRS Careers Page: https://www.in.gov/inprs/careers.htm.
Equal Employment Opportunity:
The Indiana Public Retirement System (INPRS) is an Equal Opportunity Employer and is committed to recruit, select, develop, and promote employees based on individual ability and job performance. Our policy is to provide equal employment opportunity to all people in all aspects of employer-employee relations without discrimination because of race, color, creed, religion, sex, national origin, ancestry, age, sexual orientation, gender identity, physical or mental disability, or veteran status. We will comply with the spirit as well as the letter of all applicable state and federal laws.
Indiana Public Retirement System has established a culture that welcomes equity, inclusion, and opportunity for all employees and applicants. We encourage you to apply if you feel you have the transferrable skills to be successful in this position and we look forward to reviewing your application.
Job Type: Full-time
Pay: $40,000.00 - $48,000.00 per year
Benefits:
- Dental insurance
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
- Indiana (Required)
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