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Pension Analyst Jobs in Indiana (NOW HIRING)

This Labor Analyst 2 poisiton will be involved in a phone survey. Need to be comfortable with ... Two (2) fully-funded pension plan options * A robust, comprehensive program of leave policies ...

This Labor Analyst 2 poisiton will be involved in a phone survey. Need to be comfortable with ... Two (2) fully-funded pension plan options * A robust, comprehensive program of leave policies ...

Pension Plan * Company paid life & disability insurance * Wellness Program & Company paid employee assistance program * Clinic access subject to location* (*Indianapolis, Charlotte, Cincinnati ) If ...

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Pension Analyst information

See Indiana salary details

$29.5K

$69.7K

$123.7K

How much do pension analyst jobs pay per year?

As of Sep 12, 2026, the average yearly pay for pension analyst in Indiana is $69,712.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $82,800.00 per year, depending on experience, location, and employer.

What is a pension analyst?

Pension Analysts are professionals who evaluate, administer, and manage pension plans for organizations or individuals. They ensure that retirement benefits are calculated correctly, comply with regulations, and are distributed appropriately. Their responsibilities often include analyzing plan data, preparing reports, assisting with audits, and answering plan participants' questions. Pension Analysts play a vital role in helping employees understand their retirement options and maintaining compliance with federal and state laws.

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

To thrive as a Pension Analyst, you need strong analytical skills, attention to detail, and a solid background in mathematics, finance, or a related field, often supported by a relevant degree. Familiarity with pension administration software, database management systems, and proficiency in Microsoft Excel are commonly required, while actuarial certifications can be advantageous. Excellent problem-solving abilities, communication skills, and the capacity to interpret complex regulations help professionals excel in this role. These skills are vital for accurately managing pension data, ensuring regulatory compliance, and providing clear information to clients or plan participants.

What are some common challenges pension analysts face when interpreting complex plan documents?

Pension Analysts often encounter challenges when reviewing and interpreting complex plan documents due to the detailed legal language and frequent updates to regulations. Navigating ambiguous clauses or legacy plan provisions can require extra attention to detail and collaboration with legal or compliance teams. Staying current with changing pension laws and ensuring accurate application to plan calculations are essential parts of the role. Developing strong analytical skills and leveraging team knowledge can help address these challenges effectively.

What is the difference between Pension Analyst vs Actuary?

AspectPension AnalystActuary
Required CredentialsBachelor's degree, certifications like CFA or pension-specific trainingDegree in mathematics, statistics, or actuarial science; professional actuarial exams
Work EnvironmentFinancial firms, pension funds, consulting firmsInsurance companies, consulting firms, pension plans
Employer & Industry UsagePrimarily in pension management and financial analysisIn insurance, risk assessment, and pension valuation
Common Search & ComparisonOften compared for pension planning rolesMore specialized, but related in pension valuation

While both Pension Analysts and Actuaries work within the pension and financial sectors, Pension Analysts focus on analyzing pension plan data, funding status, and compliance, often with certifications like CFA. Actuaries perform complex risk assessments and valuation calculations, requiring advanced actuarial credentials. The roles overlap in pension valuation but differ in scope and technical depth.

How do you become a pension analyst?

To become a pension analyst, you typically need a bachelor's degree in finance, economics, actuarial science, or a related field. Gaining experience in financial analysis, working with pension plans, and obtaining certifications such as the CFA or actuarial credentials can enhance job prospects. Strong analytical skills and proficiency with financial software are also important.

What are the most commonly searched types of Pension Analyst jobs in Indiana?

The most popular types of Pension Analyst jobs in Indiana are:

What are popular job titles related to Pension Analyst jobs in Indiana?

For Pension Analyst jobs in Indiana, the most frequently searched job titles are:

Infographic showing various Pension Analyst job openings in Indiana as of August 2026, with employment types broken down into 90% Full Time, 6% Part Time, and 4% Contract. Highlights an 79% Physical, 9% Hybrid, and 12% Remote job distribution, with an average salary of $69,712 per year, or $33.5 per hour.

Actuarial Analyst Intern - Summer 2027

Indianapolis, IN • On-site

$23/hr

Temporary, Internship

Retirement

Posted 10 days ago


Key responsibilities

  • Assist the finance department with actuarial reporting duties.

  • Gather, evaluate, and analyze data related to pension plan risks and performance.

  • Produce reports and presentations on findings related to pension fund risk management.


Indiana State Police rating

7.2

Company rating: 7.2 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

Who we are:

Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately 563,000 members and retirees representing approximately 1,300 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 $60 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 require you to live in Indiana.  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. 

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:

This position will assist INPRS’ Finance department with various actuarial reporting duties.  The position will work on multiple aspects of pension plan risk management, including gathering and evaluating data, establishing relevant risk metrics, setting tolerance thresholds, identifying concentrations of risk, and producing communications on findings. Other areas of INPRS plans may be involved, depending on the specific projects available during the course of the internship. 

 Essential Duties: 

  • Provide support to INPRS’ financial reporting. 
  • Gather and evaluate data from pension funds. 
  • Set risk metrics and evaluate the performance of pension funds against metrics. 
  • Set up trend data for analysis of current periods and going forward. 
  • Produce reports and summary presentations on findings. 
  • Other special projects related to the ongoing management of INPRS plans. 

Job Requirements: 

  • Attention to detail in evaluating data specific to pension plan risks. 
  • Skill in prioritizing work assignments to manage workload in a changing environment and in completing detailed work with a high degree of accuracy.  
  • Excellent verbal and written communication skills to effectively communicate project progress and final results. 
  • Ability to establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts, and to work effectively in a professional team environment.  
  • Considerable skills in using Microsoft Word, Excel, PowerPoint to prepare correspondence, presentations, spreadsheets, charts and reports.  

Experience and Qualifications:

  • Must be a current enrollment as a rising senior or junior toward an undergraduate or graduate degree in actuarial science, mathematics, statistics, economics, or similar field from an accredited college or university. 
  • Successful completion of one or more actuarial examinations is preferred; not required.   
  • Must be available to work at least 10 weeks from May 2027 through August 2027. 

INPRS Perks:

  • Competitive paid internship
  • Participation in Governor's Summer Internship Program; meet the Governor of Indiana, agency speakers, and community service opportunities
  • INPRS intern engagement activities
  • Flexible hours; up to 37.5 hours weekly
  • Employer paid parking

Time of Internship: Summer 2027


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.

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.

We are an Equal Opportunity Employer. The Indiana Public Retirements System (INPRS) 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.


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