*** This is an Anticipated Vacancy ***DST is looking for Retirement Processing Analyst.This is a full-time position (40 hours per week) with State Benefits, including health insurance, paid vacation, paid sick time, paid holidays, as well as retirement. About Us:The Retirement Systems Division administers the statutory retirement and fringe benefit plans as authorized by the General Assembly of North Carolina. These include the following six major retirement plans: Teachers' and State Employees' Retirement System, the Legislative Retirement System, the Local Government Employees' Retirement Program, the Consolidated Judicial Retirement System, the Optional Retirement Program, and Firemen's and Rescue Squad Workers' Pension Fund. The Retirement Processing Section is responsible for receiving, calculating, approving, and processing all applications for retirement benefits for seven retirement systems representing State and local employees. The Retirement Analyst is also responsible for determining member eligibility for retirement, calculating benefits, and providing correspondence regarding options.Job Duties:- Pulls workflows for processing retirement applications; verifies information in AX and?ORBIT; verifies date of birth, tentative beneficiary; reviews employer information such as projected last date of work, salary, vacation/sick/bonus balances.
- Determines average final compensation.
- Calculates a tentative retirement benefit amount.
- Provides correspondence to the member with the tentative amount and the various retirement options.
- ORBIT calculates the maximum allowable and other options, but those amounts are always double-checked by manual calculations; reconciles amounts.
- Ensures member and beneficiary information is correct in ORBIT since allocations may be different based upon option chosen and beneficiary’s age.
- Calculates retirement benefits for the more complex cases such as: 10/12 month teacher, Option 4 (SS leveling), Agricultural Extension member, and non-contributory service (Workers’ Compensation, Short/Long-Term Disability).
- Contacts employer if there is an error in reporting or if there are gaps in the provided information.
- Discusses service purchases and options associated with members possessing State and local service credits.
- Performs recalculations based upon final vacation and sick days.
The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:- Working knowledge of organization structure, functions, services, programs, office procedures, and the nuances between various retirement calculations.
- Experience independently selecting workflows, while understanding and applying a variety of different software programs, databases, information systems, and specialized equipment.
- Experience reviewing and processing high volumes of claims or applications, such as disability claims, bank/mortgage loans, child support payments/garnishments, insurance claims.
Management Preferences: - Basic level Microsoft Office Word and Excel skills.
Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See oshr.nc.gov/experience-guide for details.High school diploma or General Educational Development (GED) diploma and four (4) years of related administrative experience; or equivalent combination of education and experience.
* PLEASE SUBMIT YOUR APPLICATION ON-LINE USING THIS WEBSITE *
This position is subject to a criminal history background check through CastleBranch. In addition, one or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript). Applicants will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.This office uses the Merit-Based Recruitment and Selection Plan to fill positions with highly qualified individuals. All applicants must complete and submit a State application for employment using the NEOGOV Online Job Application System (OSHR - Work for NC) for the State of North Carolina. To receive credit for your work history and credentials, you must list the information on the online application form. Any information omitted from the application cannot be considered in screening for qualifying credit. Attached or incorporated resumes (including Text resumes on application form) WILL NOT be used for screening for qualifying credit. Please make sure you complete the application in full. For additional information about applications and processes with the state of NC Please visit: How Do I Get the Job
The State of North Carolina, and the Department of State Treasurer, is an Equal Opportunity Employer:- Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax reference the contact information below. All applicants should indicate the position number and job title in the section "Jobs Applied For".
- Applicants seeking Veteran's Preference must attach a DD 214 Form, Certificate of Release or Discharge from Active Duty along with your application.
- Applicants seeking National Guard Preference
- North Carolina Army National Guard
- North Carolina Air National Guard
- Must attach a copy of the NGB 23A (RPAS) or a copy of the DD256 or NGB 22 along with your application.
"See Resume" or "See Attachment" will NOT be accepted and will be considered an incomplete application and will not be processed. Other attachments will also be accepted, but not used in screening for qualifying credit. Please note, foreign degrees require an official evaluation for U.S. equivalency, and must be submitted to Human Resources for verification. There are several organizations that perform this specialized service, feel free to use any service of your choosing. For your convenience a couple are listed below:- International Education Research Foundation - (310) 258-9451 orwww.ierf.org
- World Education Services Inc. - (212) 966-6311 orwww.wes.org
Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account and click "Application Status". It is not necessary to contact the Human Resources Office to check the status of an application.If you are having technical issues submitting your application, please call the NeoGov Help Line at 855-524-5627. If there are any questions about this posting, other than your application status, please email Department of State Treasurer at HR@nctreasurer.com.
