Teachers' Retirement System of the State of Illinois · 6 hours ago
Payroll & Insurance Analyst I
Springfield, IL
Full-time
Onsite
Entry Level
$50K/yr - $78K/yr
2+ years expTeachers' Retirement System of the State of Illinois is dedicated to delivering expert pension service to Illinois public educators. The Payroll & Insurance Analyst I will provide basic accounting and administrative support, process payroll and insurance forms, and respond to member inquiries while ensuring accurate data management across multiple systems.
Education
Responsibilities
Provide basic accounting and administrative support to the Payroll and Insurance Department
Review Participation Election forms for the Teachers’ Retirement Insurance Program (TRIP) and the State Employees Group Insurance Program (SEGIP). Input form data into multiple systems including employer payment information. Confirm the data transmitted from the CMS Membership system to the CMS third-party administrator accurately the following business day. Seek corrective action on inaccurate data transmittals
Review payroll forms including but not limited to Direct Deposit (EFT) forms, Federal tax withholding forms, and State tax withholding forms. Input data into the TRS system
Generate letters requesting additional information when incomplete payroll and insurance forms are received
Research and respond to telephone calls, emails, faxes, internal inquires, returned mail, and written correspondence
Counsel annuitants and beneficiaries on payroll and insurance items including, but not limited to insurance benefits, plan options, insurance enrollment, insurance premiums, monthly pension payments, post-retirement increases, tax withholding amounts, address changes, returned mail, EFT, and payroll adjustments
Responsible for reviewing system generated Daily Action Reports and correcting inaccurate data in the TRS system, CMS Membership system, and the CMS third party system. Assist with CMS generated CMS MOBIUS reports as needed
Research dependent deaths and obtain required documentation. Input member and dependent death data into the CMS Membership system and upload dependent death documentation into the CMS third party administrators’ system
Prepare stop payment requests on uncashed warrants through the Office of the Illinois Comptroller
Assist with inputting miscellaneous deduction forms and Power of Attorney (POA) information into the TRS system
Assist with requests for duplicate Earnings Statements and 1099R’s generated by the Office of the Illinois Comptroller
Assist with direct pay of insurance premium bills for those whose annuity benefit is insufficient to cover the cost of the insurance and for school districts who have agreed to pay the cost of the annuitant's insurance premiums. May be required to send employer pay contracts to school districts
Assist with reconciling payroll discrepancy reports between the Teachers' Retirement System and the Office of the Illinois Comptroller
Assist with COBRA enrollment. Send COBRA enrollment forms upon request
Perform other duties as required or assigned
Qualification
Required
Bachelor's degree in accounting, education, communications, or a related degree
Candidates without a degree must possess 2 years of progressive responsibility in a related business or education field
Excellent analytical and organizational skills and the ability to communicate effectively in verbal and written correspondence
Ability to analyze and interpret data
Demonstrate a high commitment to quality
Demonstrate problem solving skills
Ability to work in multiple systems simultaneously
Possess excellent organizational skills
Preferred
Preferred experience with pensions, benefits and or employee relations
Benefits
Medical, dental and vision coverage
TRS retirement pension plan
Option to contribute to additional State of Illinois deferred compensation plans
Reciprocal system to other state and local pension plans (SERS, SURS, IMRF, etc.)
Company
Teachers' Retirement System of the State of Illinois
The Teachers’ Retirement System of the State of Illinois (TRS) is one of the largest pension systems in the United States.
201-500 employees
H1B Sponsorship
Teachers' Retirement System of the State of Illinois has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Growth StageRecent News
2025-04-22
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