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Processor 1Indiana Public Retirement System • Indianapolis, IN, US
Processor 1

Processor 1

Indiana Public Retirement System • Indianapolis, IN, US
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Job Description

Job Description

About Us :

Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately 500,000 members and retirees representing approximately 1,500 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 people are the foundation of our success. It takes people with different backgrounds, ideas, and strengths to be successful. Balance 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 purpose of this role is to serve INPRS customers by processing retirement related activities. Primary duties will include, but are not limited to, all funds retirement account review, all funds pension benefit calculations, simple service inquiries, plan to plan service transfers and recalculations. This role reports directly to the Benefits Supervisor / Manager. The Processor will need to obtain in-depth knowledge of all pension plans, processing procedures and supporting systems within the INPRS organization.

Essential Duties :

  • Perform retirement account review
  • Process retirement calculations; both initial calculations and recalculations due to changes in member account information
  • Setup benefit recipients within processing system
  • Perform simple service credit inquiries
  • Process plan to plan service transfers
  • Process initial death reviews and terminate accounts
  • Prepare monthly disability / continuing education correspondence for verification of continued eligibility to receive pension benefits
  • Perform other duties as assigned

Job Requirements :

  • Proficient oral and written communication skills needed in working with internal and external customers
  • Strong organization skills needed in conjunction with organizing workflow, setting priorities and meeting deadlines
  • Proficient knowledge of Word, Excel, and Outlook
  • Core Competencies :

  • Communication skills
  • Adaptable
  • Integrity
  • Ethical
  • Organized
  • Maintain confidentiality
  • Experience and Qualifications :

  • Required; HS Diploma or equivalent.
  • Background in pension plan administration preferred
  • Comprehensive Benefits Package :

  • 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
  • If you are interested in this position, please submit your application and resume for review. 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

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