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What is a pension fund manager and how to become one

Updated January 8, 2025
3 min read
There is more than meets the eye when it comes to being a pension fund manager. For example, did you know that they make an average of $45.3 an hour? That's $94,223 a year! Between 2018 and 2028, the career is expected to grow 7% and produce 6,600 job opportunities across the U.S.
ScorePension Fund ManagerUS Average
Salary
7.4

Avg. Salary $94,223

Avg. Salary $59,228

Stability level
8.0

Growth rate 7%

Growth rate 0.3%

Diversity
3.4
Race

American Indian and Alaska Native 0.66%

Asian 8.96%

Black or African American 7.60%

Hispanic or Latino 12.74%

Unknown 4.70%

White 65.34%

Gender

female 35.94%

male 64.06%

Age - 47
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 47
Stress level
8.0

Stress level is high

7.1 - high

Complexity level
9.5

Complexity level is advanced

7 - challenging

Work life balance
4.5

Work life balance is fair

6.4 - fair

Key steps to become a pension fund manager

  1. Explore pension fund manager education requirements

    Most common pension fund manager degrees

    Bachelor's

    62.5 %

    Master's

    26.8 %

    Certificate

    3.6 %
  2. Start to develop specific pension fund manager skills

    SkillsPercentages
    Investment Committee32.03%
    Treasury22.32%
    Plan Design18.52%
    IRS15.95%
    Pension Funds11.18%
  3. Complete relevant pension fund manager training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New pension fund managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a pension fund manager based on U.S. Bureau of Labor Statistics data and data from real pension fund manager resumes.
  4. Research pension fund manager duties and responsibilities

    • Lead departmental PeopleSoft projects and initiatives; involve in systems testing when additional system upgrades are implemented.
    • Help run the financial valuation model for necessary analysis of propose equities.
    • Develop proprietary financial models for trading equities resulting in above index returns.
    • Credit applications, lessee and vendor approvals, equipment delivery coordination and all vendor payment coordination and reconciliations
  5. Apply for pension fund manager jobs

    Now it's time to start searching for a pension fund manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first pension fund manager job

Zippi

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Average pension fund manager salary

The average pension fund manager salary in the United States is $94,223 per year or $45 per hour. Pension fund manager salaries range between $57,000 and $154,000 per year.

Average pension fund manager salary
$94,223 Yearly
$45.30 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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