Assistant Deputy Director of Public Pension (SPSA OPT. 1)

About the Position

The Illinois Department of Insurance is seeking to hire a Senior Public Service Administrator to serve as Assistant Deputy Director of the Public Pension Section of the Financial Solvency Division. This position organizes, plans, executes, controls, and evaluates the operations of the Public Employee Pension Fund statutorily charged by Chapter 22, Division 5 of the Illinois Pension Code. The position serves as a full line supervisor. We invite all qualified applicants to apply.

Job Responsibilities

1. Directs, plans, and manages the regulatory operations in relation to of all public employee pension funds and retirement systems within the Department’s jurisdiction:
     • develops rules and regulations for funds or systems with fewer than 500 participants,
     • develops, coordinates, and implements policies and procedures,
     • reviews examination reports and initiates corrective action when finding cite noncompliance with the Pension Code,
     • establishes procedures for the collection of financial data to generate the biennial report.

2. Coordinates activities with the Office of Legal Affairs Division on noncompliance hearings:
     • consults with legal staff when inquiries require legal interpretation of laws, rules and regulations governing funds and pensions,
     • provides documentation for support of the Section’s position and testifies at such hearings.

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3. Serves as full line supervisor:
    • assigns and reviews work,
    • provides guidance and training to assigned staff,
    • counsels staff regarding work performance,
    • reassigns staff to meet day-to-day operating needs,
    • establishes annual goals and objectives,
    • approves time off,
    • adjusts first level grievances,
    • effectively recommends and imposes discipline, up to and including discharge,
    • prepares and signs performance evaluations,
    • determines and recommends staffing needs.
 

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4. Advises pension fund officials on matters pertaining to their operations:
    • provides administrative and accounting procedures for record maintenance,
    • responds to inquiries,
    • provides interpretation of the laws, rules and regulations governing funds and systems,
    • conducts meetings and conferences to explain revisions in laws and reporting procedures,
    • travels to attend meetings.

5. Serves as advisor to the Department's legislative liaison:
    • reviews proposed legislation impacting public employee pensions funds and retirement systems in the State of Illinois,
    • drafts legislation for introduction to the General Assembly,
    • prepares Department's position papers,
    • attends and/or testifies at legislative committee hearings,
    • expedites policy and implements procedures to conform to new/revised legislation enacted by law.

6. Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Minimum Qualifications

1. Requires knowledge, skill, and mental development equivalent to completion of four years of college, preferably with course work in business or public administration.
2. Requires prior experience equivalent to four years of progressively responsible administrative experience in a public or business organization.
 

Preferred Qualifications

1. Prefers at least four (4) years of experience gaining thorough knowledge of Articles 3 and 4 of the Illinois Pension Code and financial reporting requirements relating to those downstate police and fire funds.
2. Prefers at least four (4) years of experience gaining working knowledge of a pension fund other than Article 3 or 4 Illinois pension funds.
3. Prefers at least four (4) years of experience gaining thorough knowledge of Pension Section programs and service objectives, activities, and operational systems.
4. Prefers advanced ability to exercise judgment and discretion in developing, implementing, and interpreting departmental policies and procedures.
5. Prefers advanced proficiency to develop and maintain cooperative working relationships.
 

Conditions of Employment

1. Requires the ability to travel. 
2. Requires the ability to pass a background check.

About the Agency

The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, examining the operations and finances of insurance companies domiciled in the state.  We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.

State of Illinois employees enjoy a robust benefit package, including:
•    Health, Life, Vision, and Dental Insurance
•    13 Paid Holidays annually, 14 on even numbered years
•    12 Paid Sick Days annually (Sick days carry over from year to year)
•    10-25 Days of Paid Vacation time annually - (10 days in year one of employment)
•    10 Weeks Paid Maternity/Paternity Leave
•    3 Paid Personal Days annually
•    Pension Plan
•    Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
•    Flexible work schedules may be available, dependent upon position
•    Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility
Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.