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Fidelity Investments · 1 day ago

Senior Pension Benefit Consultant

Merrimack, NH

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Fidelity Investments is seeking a Senior Pension Benefit Consultant who will be the lead Defined Benefit specialist responsible for understanding client DB Plans and communicating this information to internal teams. The role involves working directly with clients on new implementations and improvement projects, ensuring accurate and timely pension calculations for millions of participants.

Asset ManagementFinanceFinancial ServicesRetirementWealth Management

Growth Opportunities

No H1B

Responsibilities

Learning the client’s DB Plans in detail and explaining them to internal Fidelity resources such as computer developers and the ongoing operations team

Working directly with clients on new client Implementations and on improvement projects for existing clients

Gathering DB Plan-specific knowledge from the client and their representatives and explaining it to multiple resources and functions across the project team

Building a link between the client and internal Fidelity resources regarding DB knowledge

Being the go-to resource among the project team for all DB-specific matters

Building confidence with clients that Fidelity will operate their DB Plans accurately

Demonstrating DB expertise to help others at Fidelity do their jobs across the large project team

Owning the discovery and learning of the mechanics of how the client’s DB Plans operate directly with clients and their representatives

Reading client plan documents, sample calculations, SPDs, valuation file specifications

Leading client review meetings and conference calls

Managing and driving issue resolution

Teaching the Fidelity project team the DB aspects they need to bring the new client Implementation or other DB project together

Crafting a comprehensive test plan to ensure the computer is handling all possible DB participant situations correctly

Working with computer system developers to debug and certify the DB participant benefit calculations in their entirety

Working with computer data resources to validate the client participant data is correct and complete, and to identify any gaps

Training the ongoing operations team in all DB calculation aspects, so they can carry the client going forwards

Qualification

Defined Benefit Pension PlansAnalytical skillsActuarial expertisePension laws understandingProject leadershipConsultative skillsEffective communicationInterpersonal skillsProblem solving

Required

Extensive expertise with Defined Benefit Pension Plans, ideally 10+ years

Strong analytical skills, attention to detail

Strong consultative skills, effective communication and interpersonal skills

Ability to move projects forwards, on time and on budget

Working understanding of pension laws and regulations

Proven DB experience having worked with a wide variety of DB Plans and features

Actuarial expertise

Ability to detail the mechanics of a DB plan in extensive, complete detail

Experience actively capturing information from clients and third parties, framing questions, covering all possible scenarios under the DB Plans

Ability to craft, set up, and review test cases to highlight whether the computer is performing DB calculations accurately in all conceivable situations

Your experience consulting with clients about DB Plan issues, design features, inputs and outcomes

Your experience problem solving, and finding solutions all parties can move forwards with

Your project leadership skills, ability to communicate progress/obstacles, move forwards on time and on budget

Your experience working directly with, or personally programming, DB calculation or valuation systems, and related spreadsheets

Ability to work effectively on your own, and at the same time as part of a large internal and external team, often from a remote work situation

Ability to detect and surface problems and obstacles and lead the team to resolution