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WTW · 1 day ago

Defined Contribution Plans Senior Analyst

United States

Full-time

Onsite

Senior Level, Lead/Staff

$65K/yr - $80K/yr

10+ years exp

WTW is a global organization specializing in retirement, actuarial, compliance, and administration consulting. The Defined Contribution Plans Senior Analyst will support high-profile client organizations by providing expertise in defined contribution plans, compliance, and plan design, while collaborating with a national project delivery team.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Be a technical resource to clients and client teams for areas related to DC retirement plan compliance, vendor management, fiduciary management, plan design, and cost forecasting

Respond to queries from consultants and clients with respect to plan provisions and resolve/escalate any problems or issues

Draft plan amendments and summary plan descriptions, and review employee communications

Assist with compliance corrections

Support fee benchmarking and vendor search RFPs

Provide support for implementations due to plan design changes, provider changes or merger and acquisitions

Support non-discrimination testing

Support plan design benchmarking and plan design change cost analysis

Support on-going client retainer relationships

Support plan compliance reviews and remediation efforts as needed

Build relationships internally and collaborate effectively on cross-functional teams

Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels

Deliver work in accordance to project deadlines

Deliver on projects to meet or exceed client expectations

Increase efficiency within client teams by identifying ways to improve processes

Qualification

Defined contribution plansVendor managementPlan designCompliance expertise403(b) experienceIRCERISA knowledgeTechnical skillsClient service skillsMicrosoft ExcelMicrosoft PowerPointLeadership skillsProblem-solvingAttention to detailCommunication skills

Required

Undergraduate degree required

10+ years in defined contribution plans, including vendor management, plan design, compliance and administration gained in a human resources consulting, benefits outsourcing, investment advisory, recordkeeper, or defined contribution asset management company

401(k) and/or 403(b) plan experience, is necessary along with knowledge of IRC, ERISA and other relevant laws and regulations affecting employee benefit plans

Proven experience successfully working on multiple projects and producing quality deliverables on time

Operations experience supporting and coordinating large groups and initiatives

Work experience that demonstrates strong technical, and/or client service and leadership skills

Passion for solving problems and sharing solutions to exceed the standards of the client

Ability to be a self-starter and work independently and remotely, but also cooperatively in a close team environment

Ability to prioritize and have good attention to detail

Excellent oral and written communication skills

Excellent Microsoft Excel and PowerPoint skills

Ability to collaborate with remote teams and travel as needed

Preferred

Certification (ASPPA, CEBS) or other designations for practical experience is a plus but not required

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.