Current Employee? Click here to apply.

Retirement Benefits Processor

Date Posted:  Nov 20, 2023
Requisition ID:  434140

Indianapolis, IN, US, 46204


Work for Indiana

Grow your career with the State of Indiana! With more than 50 executive branch agencies, the State of Indiana is a diverse workforce offering employees stimulating and challenging projects across a broad scope of career opportunities. As a State of Indiana employee, you impact the well-being of Indiana’s communities every day.


At the State of Indiana, we don’t just talk about diversity and inclusion – Our goal is to create a welcoming, accessible, and equitable workplace, with a workforce that is representative of the State of Indiana population. We are proud to be an equal opportunity employer.


About the Indiana Public Retirement System (INPRS): 


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 that manages approximately $40 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.  


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 on 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”. 


Why Join Our Team?


This position will allow a flexible work arrangement (hybrid or 100% remote) upon successful completion of onsite training. Training can take up to 3 weeks or at the discretion of the manager.


We also offer:

  • Work/life balance 
  • Career progression
  • Consistent income 
  • Positive impact on the community
  • To be challenged & resourceful
  • Collaborative & engaging team  


We are seeking multiple individuals to join our team!




The salary for this position traditionally starts at $32,000 per year. 


Role Overview:


The Benefits Processor serves INPRS customers by processing retirement-related transactions. 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. 


Because of the required on-site training at the beginning of employment, we are only accepting Indiana residents at this time.  


A Day in the Life:


The essential functions of this role are as follows:

  • Perform retirement account review
  • Process retirement recalculations
  • Process pension option/benefit change estimates
  • Perform simple service inquiries
  • Process plan to plan service transfers
  • Prepare monthly disability/continuing education for the annual verification of continued eligibility

The job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities, and activities may change or be assigned at any time.

What You'll Need for Success:


Job Experience and Qualifications: 

  • Accredited training
  • Required; HS Diploma or equivalent


Job Skills: 

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

Supervisory Responsibilities/Direct Reports:

This role may be utilized in a supervisory capacity based on agency needs.


Benefits of Employment with INPRS:


  • Competitive Medical / Dental / Vision Plans
  • Flexible Work Arrangement, option for hybrid schedule (3 days in-office, 2 days remote) or 100% remote working (must be an IN resident)
  • 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)
  • 12-14 Paid Holidays annually
  • Paid Leave annually (12 vacation, 9 sick, 3 personal)
  • Tuition Reimbursement after 6 months of employment
  • Group Life Insurance
  • Employer-Paid Downtown Parking


Equal Employment Opportunity:


INPRS is an Equal Opportunity Employer.

Current Employee? Click here to apply.

Nearest Major Market: Indianapolis