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Executive Director

Company: Williams College
Location: Augusta
Posted on: February 23, 2021

Job Description:

Maine Public Employees Retirement System Application Attachments: Please include your resume and up to two additional documents. Add File Maine Public Employees Retirement System, with offices in Augusta and Portland, is searching for an Executive Director to lead this $16.7 billion fund serving over 157,000 members and retirees. The position is open as a result of Sandy Matheson, Executive Director since 2009, announcing her retirement.-- MainePERS, an independent agency of the State of Maine, provides pension, disability, and death benefits to its members. Members include employees of the State, public school teachers, and employees of 307 local municipalities and other public entities (participating local districts, or PLDs).-- The System administers four open defined benefit plans consisting of the State Employee and Teacher Plan, the Judicial Plan, the Legislative Plan, the PLD Consolidated Plan, and several small, closed plans. The System also manages a Group Life Insurance Plan covering active and retired state employees, teachers, and employees of participating PLDs. In addition, the System manages three defined contribution plans, the MainePERS OPEB Trust and the Retiree Health Insurance Trust. Governance of the System is under the direction of an eight-member Board of Trustees. All trustee terms are three years, except for the two-year term of the State Treasurer. Six trustees are System members; two are active and elected by their unions, two are retired and appointed by the Governor, one represents municipal plan members appointed by a municipality organization, and the State Treasurer serves ex-officio. Two other trustees are appointed by the Governor and required to have investment or pension related expertise.-- The Executive Director, reporting to the Board and to the Board Chair, administratively, is the central point of responsibility and accountability for the System. Leading--a team of 100, the Executive Director's direct reports include--Chief--Deputy--Executive--Director, Chief Investment Officer, and--General Counsel. The Director of Internal Audit reports to the Audit Committee of the Board and administratively to the Executive Director. The Director of Finance, Deputy Executive Director-Service Programs, Deputy Executive Director-Administration, and Associate Deputy Director-Special Projects report to the Chief Deputy Executive Director. The Board desires an Executive Director with broad-based relevant experience and knowledge, and a track record of superior performance in a complex organization. An executive with relevant operational and administrative experience and a general knowledge of actuarial applications and investments is required. Requirements

  • Bachelor's degree in business or public administration, public finance, finance, insurance, or other related fields.
  • Ten years of relevant experience, including at least seven in a senior leadership role.
  • Defined benefit plan understanding and knowledge. Preferences
    • Advanced degree.
    • Knowledge of operational best practices and experience implementing process changes to improve operational efficiencies and customer service.
    • Experience working with public boards.
    • Working knowledge of federal and state pension laws.
    • Legislative experience, preference to state and/or federal level. While public pension experience is preferred, candidates with other relevant experience and a proven track record of managing in a complex environment will be considered. To apply or request additional information, please send resume to info@hudepohl.com. NOTES: Employer will assist with relocation costs.

      Additional Salary Information: The Executive Director is an exempt position and an "at will" employee. The System provides competitive compensation and benefit packages that are designed to attract top talent from the national market.
      About Maine Public Employees Retirement System MainePERS, an independent agency of the State of Maine, provides pension, disability, and death benefits to its members. Members include employees of the State, public school teachers, and employees of 307 local municipalities and other public entities (participating local districts, or PLDs).

Keywords: Williams College, Kalamazoo , Executive Director, Executive , Augusta, Michigan

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