Research Analyst

Teachers' Retirement System of the State of Illinois

Research Analyst supporting Teachers’ Retirement System with advanced research and data analysis. Collaborating with stakeholders to ensure compliance with state and federal regulations in pension services.

Posted 5/1/2026full-timeSpringfield • Illinois • 🇺🇸 United StatesMid-LevelSenior💰 $80,614 - $125,758 per yearWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Collect, analyze, and interpret financial, actuarial, and statistical data to support internal reporting, forecasting, and legislative analysis.
Conduct research on proposed legislation and evaluate potential impacts to TRS funding, benefits, and operations; prepare summaries and cost analyses for leadership and legislative audiences.
Serve as a secondary liaison between the Research Department and the TRS actuary, Illinois State Actuary, and other external partners to coordinate data and ensure accuracy of reports and assumptions.
Develop, maintain, and enhance Power BI dashboards, SQL-based reports, and other analytical tools to visualize and communicate key insights to leadership and stakeholders.
Assist in the preparation of the Annual Comprehensive Financial Report (ACFR), Actuarial Valuation, and Experience Analysis reports.
Support the development and documentation of business processes, workflows, and data management standards to improve efficiency and data integrity.
Respond to internal and external data requests, including legislative inquiries, Freedom of Information Act (FOIA) requests, and state or federal agency data calls.
Collaborate cross-functionally with IT, Finance, and Communications teams to ensure alignment and consistency in reporting and analysis.
Assist with presenting research findings and analytical insights to the Board of Trustees, senior management, and other stakeholders.
Stay informed on pension policy trends, economic developments, and emerging data analytics tools and techniques.

Requirements

What you’ll need

Bachelor’s degree in Economics, Statistics, Mathematics, Data Analytics, Public Policy, or a related field
Master’s degree in a related field and/or experience working with pension or retirement systems preferred
Minimum of five (5) years of progressive experience in data analysis, research, or policy evaluation, preferably in a pension, actuarial, or government setting.
Proficiency in data analytics tools such as Power BI, SQL, Excel, or Python/R.
Experience preparing and presenting technical information for executive and legislative audiences.

Benefits

Comp & perks

medical, dental and vision coverage
TRS retirement pension plan
option to contribute to additional State of Illinois deferred compensation plans

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

data analysisfinancial analysisactuarial analysisstatistical analysisdata visualizationreportingforecastingcost analysisdata managementbusiness process documentation

Soft Skills

communicationcollaborationresearchpresentationorganizational skillsattention to detailproblem-solvinginterpersonal skillsleadershipcross-functional teamwork