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Pensions Manager Jobs in Illinois (NOW HIRING)

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Benefits Pension Analyst

Schaumburg, IL · On-site

$25/hr

Experienced Temp to Hire F/T Defined Benefits Pension Analyst Needed to Work in Schaumburg, IL Our ... Must be detail-oriented, have the ability to multitask, and have excellent time management skills.

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All JobsPensions JobsPensions Manager JobsPensions Manager Jobs in Illinois

Pensions Manager information

See Illinois salary details

$22.3K

$59.5K

$99.3K

How much do pensions manager jobs pay per year?

As of Sep 7, 2026, the average yearly pay for pensions manager in Illinois is $59,451.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,600.00 and $66,900.00 per year, depending on experience, location, and employer.

What does a pensions manager do?

A Pensions Manager is responsible for overseeing and administering pension schemes within an organization or for clients. Their duties typically include ensuring compliance with pension regulations, managing contributions and payments, communicating with scheme members, and advising on pension policy and benefits. They may also handle pension plan design, manage relationships with external providers, and keep updated on legislative changes affecting pensions. Strong analytical, communication, and organizational skills are essential for this role.

What are the key skills and qualifications needed to thrive as a pensions manager?

To excel as a Pensions Manager, you need in-depth knowledge of pension schemes, financial regulations, and strong analytical skills, typically supported by qualifications such as PMI or CII certifications. Familiarity with pension administration software, regulatory compliance systems, and financial reporting tools is often required. Excellent communication, attention to detail, and stakeholder management abilities distinguish top performers in this field. These competencies are crucial to ensure accurate scheme administration, legal compliance, and effective communication with members and trustees.

What are some common challenges pensions managers face in keeping up with regulatory changes?

Pensions Managers often encounter challenges staying current with evolving pension legislation and compliance requirements. Regulatory frameworks can change frequently, requiring managers to continuously update processes and communicate adjustments to both staff and scheme members. Effective time management and ongoing professional development are essential to ensure compliance and maintain the integrity of pension schemes. Collaborating with legal and compliance teams can also help navigate these changes efficiently.

What is the difference between Pensions Manager vs Pensions Administrator?

AspectPensions ManagerPensions Administrator
ResponsibilitiesOversees pension schemes, manages strategy, and ensures regulatory complianceHandles day-to-day administration, processes contributions, and maintains records
Required CredentialsOften requires actuarial, financial, or pension-specific certificationsTypically requires administrative or financial qualifications
Work EnvironmentStrategic, managerial, and client-facing roles within financial or pension firmsAdministrative offices, supporting pension scheme operations

The main difference is that Pensions Managers focus on strategic oversight and scheme management, while Pensions Administrators handle daily administrative tasks. Both roles are essential in pension scheme operations but differ in scope and responsibilities.

What are the most commonly searched types of Pensions jobs in Illinois?

The most popular types of Pensions jobs in Illinois are:

What cities in Illinois are hiring for Pensions Manager jobs?

Cities in Illinois with the most Pensions Manager job openings:

Pensions Manager jobs near you
Infographic showing various Pensions Manager job openings in Illinois as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $59,451 per year, or $28.6 per hour.

Senior Institutional Relationship Manager -- Pensions & Endowments

Deutsche Bank AG

Chicago, IL • On-site

$200 - $250/hr

Other

Posted 6 days ago

Job description

Deutsche Bank AG is seeking a Senior Institutional Relationship Manager, focusing on pensions, endowments, and foundations in the Central region. This role is critical in acquiring new clients and managing existing relationships, providing market insights, and collaborating internally to deliver solutions.

The ideal candidate will have at least 7 years of client coverage experience in asset management, a Bachelor’s degree, strong communication skills, and the flexibility to travel regionally.

Base salary ranges from $146,000 to $255,000, with additional benefits tailored to individual needs.

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