Executive Director/ Department Secretary
The Wisconsin Retirement System is searching for a dynamic and experienced leader to build upon our vision – someone who will lead in an effective and collaborative way to ensure the continued success of the Wisconsin Department of Employee Trust Funds (ETF), the state agency responsible for the administration of the public retirement system and other employee benefits. The Secretary of the Department is the organization’s leader and its primary representative to Wisconsin’s public pension members and stakeholders, as well as members and stakeholders of other benefit programs. The Secretary is responsible for providing strategic leadership, ensuring financial and organizational sustainability, overseeing operational management, and consistently advancing ETF’s mission and values.
The Secretary of the Department serves as the Executive Director providing leadership for the administration of a broad array of pension and other public employee benefits offered by more than 1,500 public employers to over 652,000 participants throughout the State of Wisconsin. The primary responsibilities of the Secretary are to preserve the financial and actuarial soundness of the Wisconsin Retirement System (WRS) and other benefit programs and ensure high quality services are provided to all participants.
The Secretary is appointed by the Employee Trust Funds Board, an independent body comprised of appointed and elected members to administer the public employee trust fund, the $100+ billion fund from which the WRS and other benefit plans are financed (as defined in s. 40.01, Wis. Stats). The Secretary is a fiduciary and must always act with integrity.
The duties of the Secretary include, but are not limited to:
Providing leadership and direction to the Department’s 383 full-time, part-time and contract staff through motivation and provision of agency direction, including creating a climate that encourages workforce diversity and commitment to the mission of the organization. The Secretary also ensures the effective administration of the benefit programs and implementation of the policies adopted by the legislature or by the various benefit oversight Boards.
Overseeing a $55 Million agency operating budget.
Advising the legislature, governor and boards on matters relating to operation of current benefit plans, changes to the design of existing employee benefit plans, and the creation of new benefit plans for public employees in the State of Wisconsin.
Establishing, cultivating and maintaining open lines of communication and positive and effective working relationships with a wide range of stakeholders including participant groups, employers, the governor, the legislature and its service agencies. Involvement with the State of Wisconsin Investment Board (SWIB) to include likely appointment to the board, and consultation on pension and investment activities.
Effective oversight of a broad array of third-party administrators and consultants to assure economical, effective coordination and delivery of services (e.g. health insurance providers, life insurance providers, deferred compensation investment option providers, actuarial consultants, attorneys, etc.).
Participating in national retirement and other benefit industry organizations such as the National Association of State Retirement Administrators, the National Institute of Retirement Security, the National Council on Teacher Retirement, and the International Foundation of Employee Benefit Plans to stay informed of emerging national trends and policy implications of pension and other public employee benefits.