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Defined Benefit Pension Analyst Jobs (NOW HIRING)

The LaSalle Group

Pension Analyst

Chicago, IL · On-site

$25 - $30/hr

Apply defined benefit pension plan rules, statutes, and administrative guidelines consistently ... Strong analytical, research, and problem-solving skills with high attention to detail and accuracy.

Pension Associates Inc

Pension Consultant

Stamford, CT · On-site

$70K - $95K/yr

Pension Associates is a third-party administration firm located in Stamford, CT. We have been doing ... Must have 2 - 5 years' experience in Defined Benefit and Defined Contribution administration. Floor ...

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Defined Benefit Pension Analyst information

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$38.5K

$72.3K

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How much do defined benefit pension analyst jobs pay per year?

As of Aug 13, 2026, the average yearly pay for defined benefit pension analyst in the United States is $72,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $82,500.00 per year, depending on experience, location, and employer.

What is the difference between Defined Benefit Pension Analyst vs Actuarial Analyst?

AspectDefined Benefit Pension AnalystActuarial Analyst
CredentialsOften requires a degree in finance, economics, or actuarial science; actuarial exams beneficialRequires a degree in mathematics, statistics, or actuarial science; passing actuarial exams essential
Work EnvironmentFinancial institutions, pension funds, consulting firmsInsurance companies, consulting firms, government agencies
Industry UsagePrimarily in pension and retirement planning sectorsBroader insurance and pension sectors, including retirement and life insurance

While both roles involve financial analysis and require actuarial knowledge, a Defined Benefit Pension Analyst focuses specifically on pension plans and retirement benefits, whereas an Actuarial Analyst has a broader scope across insurance and risk assessment. The roles often overlap in skills and credentials, but their primary focus and industry applications differ.

What are the key skills and qualifications needed to thrive as a defined benefit pension analyst, and why are they important?

To thrive as a Defined Benefit Pension Analyst, you need strong analytical abilities, attention to detail, and a solid grasp of pension regulations, often supported by a degree in mathematics, finance, or a related field. Familiarity with pension administration software, actuarial valuation tools, and proficiency in Excel are typically required, and certifications such as ASPPA or CEBS can be advantageous. Excellent problem-solving, communication, and organizational skills help analysts interpret complex data and explain plan details to clients or stakeholders. These skills ensure precise plan administration, regulatory compliance, and high-quality client service in a detail-driven environment.

What are some common challenges faced by defined benefit pension analysts, and how can they be addressed?

Defined Benefit Pension Analysts often encounter challenges such as interpreting complex plan documents, managing large datasets, and ensuring regulatory compliance. Staying organized and detail-oriented is essential, as even small errors can significantly impact benefit calculations. Collaborating with actuaries, HR staff, and IT teams helps address data discrepancies and clarify plan provisions. Continuous professional development and familiarity with pension software can greatly aid in managing these challenges effectively.

What does a defined benefit pension analyst do?

A Defined Benefit Pension Analyst is responsible for evaluating, administering, and managing defined benefit (DB) pension plans, which provide employees with predetermined retirement benefits based on salary and years of service. They analyze plan data, ensure compliance with regulations, calculate pension benefits, and prepare reports for plan sponsors and participants. Their work helps organizations maintain accurate and efficient pension plan operations and supports employees in understanding their retirement benefits.
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Defined Benefit Pension Analyst jobs near you
Infographic showing various Defined Benefit Pension Analyst job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $72,338 per year, or $34.8 per hour.

Pension Analyst

The LaSalle Group

Chicago, IL • On-site

$25 - $30/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 13 days ago

Job description

LaSalle Network is partnering with a leading pension organization to hire a Pension Analyst for a long-term contract opportunity in Chicago. This Pension Analyst position offers the opportunity to support a mission-driven benefits organization while gaining hands-on experience in pension administration, financial calculations, and retirement operations.
The Pension Analyst supports pension operations by administering death-related pension cases, calculating pension refunds and benefits, researching beneficiary information, and maintaining accurate pension records. This role works closely with pension operations, accounting, and compliance teams to ensure timely processing, regulatory compliance, and data integrity while supporting high-volume casework and providing accurate service to members and beneficiaries.
Key Responsibilities
  • Process death-related pension cases, including member terminations, death benefit administration, beneficiary research, and related documentation.
  • Calculate pension refunds and benefits by reviewing payroll data, member contributions, vesting status, service credit, and plan provisions.
  • Perform reconciliations of contributions, earnings, and adjustments while researching and resolving discrepancies and historical calculation issues.
  • Apply defined benefit pension plan rules, statutes, and administrative guidelines consistently across individual cases.
  • Maintain accurate pension records, audit documentation, and data integrity within pension systems and Excel-based tracking tools.
  • Partner with pension operations, accounting, compliance, and audit teams to support high-volume processing and special projects.

Qualifications
  • 2+ years of experience in pension administration, retirement plan operations, fund administration, financial services, or a related analytical role.
  • Strong understanding of defined benefit pension plans, pension contribution calculations, eligibility rules, and reconciliation processes.
  • Advanced Microsoft Excel skills, including data analysis, formulas, and financial reconciliation functions.
  • Strong analytical, research, and problem-solving skills with high attention to detail and accuracy.
  • Ability to work in a high-volume environment while managing sensitive and confidential financial and personal data.
  • Experience with pension systems or public retirement plans is a plus.

Additional Information
  • Compensation: $25-$28/hour
  • Location: Chicago, IL (downtown)
  • Work Model: Hybrid - 2-3x on-site
  • Schedule: Monday-Friday, 9:00 AM-5:00 PM (35 hours/week)
  • Benefits: LaSalle Network consultants are eligible to enroll in benefits. For details, visit www.thelasallenetwork.com/consultants/
  • Contract Length: 12-18 months, long-term opportunity supporting backlog in death-related pension cases
  • Environment: High-volume pension operations team focused on case processing, research, and data validation within a public retirement system

If you're a motivated Pension Analyst looking to build your experience and make a meaningful impact in pension operations, this opportunity is a great fit for you. Apply today!
Ellie Chestler
LaSalle Network, Project Manager
Accounting/Finance
#LI-JX1
#LNAF
LaSalle Network is an Equal Opportunity Employer m/f/d/v.
LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Engineering, Marketing, Technology, Supply Chain, Revenue Cycle, Call Center, Human Resources and Executive Search, LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries.
LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends, hiring challenges, and more to national news outlets. LaSalle Network offers temporary Field Employees benefit plans including medical, dental and vision coverage. Family Medical Leave, Worker's Compensation, Paid Leave and Sick Leave are also provided. View a full list of our benefits here
All assignments are at-will and their duration is subject to change.

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