1

Pensions Director Jobs (NOW HIRING)

The Supervisor will proactively identify service, quality, and operational improvement opportunities and present recommendations to the Pension Director or manager to enhance member experience ...

next page

Showing results 1-20

Pensions Director information

See salary details

$33.5K

$117.5K

$195.5K

How much do pensions director jobs pay per year?

As of Jun 7, 2026, the average yearly pay for pensions director in the United States is $117,480.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,000.00 and $157,000.00 per year, depending on experience, location, and employer.

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

To thrive as a Pensions Director, you need extensive knowledge of pension fund management, regulatory compliance, and investment strategies, often supported by a relevant degree and professional qualifications such as CFA or PMI. Familiarity with pension administration software, financial modeling tools, and risk management systems is typically required. Strong leadership, strategic thinking, and stakeholder communication skills distinguish top performers in this role. These competencies ensure effective governance, regulatory adherence, and robust financial performance for pension schemes.

What are some common challenges faced by a Pensions Director when managing diverse pension schemes?

A Pensions Director often manages multiple pension schemes with varying regulatory requirements, funding statuses, and member demographics. One common challenge is ensuring compliance with frequently changing pension regulations while delivering optimal value to both the organization and scheme members. Balancing risk management, cost efficiency, and member communication requires strong analytical, leadership, and stakeholder management skills. Collaborating with trustees, actuaries, investment managers, and legal advisors is essential to navigate these complexities and achieve the scheme's objectives.

What does a Pensions Director do?

A Pensions Director is responsible for overseeing the management and administration of pension funds within an organization. Their duties include developing pension policies, ensuring regulatory compliance, managing investment strategies, and communicating with stakeholders about pension benefits. They work closely with finance teams, trustees, and external advisors to make sure pension schemes are sustainable and meet the needs of current and future retirees. Additionally, they monitor market trends and legislative changes to ensure the organization's pension offerings remain competitive and well-governed.

What is the difference between Pensions Director vs Pensions Manager?

AspectPensions DirectorPensions Manager
CredentialsTypically requires extensive experience in pensions, often a relevant degree and professional certifications like IFoA or PMIRequires pensions knowledge, often with similar certifications but at a less senior level
Work EnvironmentStrategic leadership, overseeing pension schemes and teams at an organizational levelOperational management of pension schemes, handling day-to-day administration and client relations
Employer & Industry UsageUsed in large financial institutions, pension funds, and consultancy firmsCommon in similar settings, often reporting to Pensions Directors

The main difference between a Pensions Director and a Pensions Manager lies in their level of responsibility and strategic focus. Pensions Directors oversee the entire pension strategy and leadership, while Pensions Managers handle daily operations and scheme administration. Both roles require pensions expertise, but the Director position involves higher-level decision-making and strategic planning.

What cities are hiring for Pensions Director jobs? Cities with the most Pensions Director job openings:
What are the most commonly searched types of Pensions jobs? The most popular types of Pensions jobs are:
What states have the most Pensions Director jobs? States with the most job openings for Pensions Director jobs include:
Pension Director

Other

Retirement

Posted 8 days ago


Job description

Description

Maryland Transit Administration

Pension Director

Fiscal Services Administrator V (7212)

Executive Service

This position serves at the pleasure of the appointing authority

Open to all qualified applicants

Bilingual applicants are encouraged to apply

Are you seeking a job where your work is rewarding and provides excellent benefits?


The Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) invites you to apply for a key leadership opportunity that plays a critical role in ensuring the fiscal responsibility, compliance, and long-term sustainability of MDOT MTA's pension operations. We are seeking a dynamic and experienced professional to serve as Pension Director within our Finance Department.


The Pension Director reports to the Deputy Chief Financial Officer (Deputy CFO) and is responsible for overseeing and directing the administration of the MDOT MTA Union Pension Plan. The Pension Director provides strategic leadership and operational oversight for a defined benefit pension plan covering approximately 3,000 active union employees and over 2,000 retirees receiving monthly benefits.


The Pension Director manages the end-to-end pension administration process, ensuring compliance with all applicable federal, state, and collective bargaining requirements. This position serves as the agency's subject matter expert on pension matters, providing guidance to internal staff, retirees, and union members, while also representing MDOT MTA in external forums, including the Pension Board and intergovernmental meetings. The Pension Director works in close collaboration with Payroll, Human Resources, Accounting, Benefits, IT, and external partners, including actuaries and auditors, to ensure accurate and timely pension operations.


This position is also responsible for leading initiatives to enhance pension administration processes, including system upgrades, quarterly pension reconciliations, ADP testing and validation, data integration with SYSK and HRIS platforms, and the development of standard operating procedures (SOPs). The Pension Director oversees the preparation of reports, analysis of pension data, and delivery of information to senior leadership to support decision-making and long-term plan sustainability.


The current vacancy is located in Baltimore City, MD Qualifications


Education: Possession of a bachelor's degree in accounting, auditing, public or business administration, finance, economics, human resources, or a related field from an accredited college or university.
Experience: Must have at least eight (8) years of experience in administrative or professional work. At least one (1) year of this experience must include responsibilities in one or more of the following areas: supervising employees, overseeing and coordinating the operations of a business unit, applying rules and regulations, or developing and implementing policies or procedures

Licenses & Certifications


Employees assigned duties that require the operation of a motor vehicle must possess a valid motor vehicle operator's license.

Additional Information


To Apply

To be considered for this recruitment, you must complete a Maryland Department of Transportation (MDOT) employment application (Form DTS-1). Resumes may not be substituted for the application.


Employment consideration may be based solely on the information provided in your application. Therefore, it is essential that the application is complete and accurate, listing all relevant experience in detail and addressing the specific qualifications outlined above. Be sure to include all applicable experience, including full-time, part-time, volunteer, military, acting capacity, or any other relevant roles within MDOT, its Transportation Business Units, or the Authority.


Important Notes:

  • Incomplete applications will not be considered.

  • The selected candidate may be subject to background and reference checks.

  • Employees are subject to the State Substance Abuse Policy, which may include drug testing.

  • It is strongly recommended that applications be submitted online by registering atwww.mdot.maryland.gov/employment. Be sure to meet all minimum and selective qualifications and follow the instructions provided on MDOT's Online Employment Center website.

  • Applicants with degrees earned outside the United States must provide a written evaluation of their educational credentials by a recognized credentialing organization such as World Education Services (WES):https://www.wes.org.


Additional Information:

  • Reasonable accommodations for persons with disabilities will be provided upon request.

  • The Maryland Department of Transportation is not currently sponsoring new employees for H-1B visas due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration Reform and Control Act of 1986. Federal regulations prohibit H-1B visa candidates from paying sponsorship fees; all such fees must be assumed by the employer.

  • TTY Users: Call 711 or contact your Telecommunications Relay Service.


Equal Opportunity Employer

The Maryland Transit Administration (MTA) is an Equal Opportunity Employer. MTA does not discriminate based on age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief or opinion, sex, sexual orientation, or any other protected status.


Safety Statement

Employees should adhere to all safety rules, policies, regulations, and personal protective equipment requirements to support a safe and healthy working environment. Employees may attend and participate in safety meetings, be aware of hazards in their work area, and should report hazards, unsafe acts, near misses, injuries, and accidents immediately.


To support a safe and healthy work environment, employees must refrain from willful violations of safety rules and procedures, reckless and negligent behavior, involvement in criminal activities, and the misuse of drugs or alcohol. Failure to adhere to this requirement may be subject to disciplinary action up to and including termination. Employees may only perform work for which they have the appropriate safety training.


Issue Date: 11/14/2025