Fidelity Investments · 1 day ago
Director, Pension Benefit Consultant
Smithfield, RI
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expFidelity Investments is seeking a Director, Pension Benefit Consultant who will lead the Defined Benefit specialist team responsible for pension calculations. This role involves working directly with clients and internal teams to ensure accurate and timely pension calculations for millions of DB Plan participants.
Asset ManagementFinanceFinancial ServicesRetirementWealth Management
No H1B
Responsibilities
Understanding and documenting our client’s DB Plan benefit calculation provisions
Working with the internal Fidelity project team, including developers, data analysts, and project management, to test and deliver requirements and calculation engine to our ongoing operations team
Building a link between the client and internal Fidelity resources over which they carry DB knowledge
Being the go-to resource among the project team for all DB-specific matters
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
Leading issue resolution
Crafting a comprehensive test plan to ensure DB participant calculations are accurate
Working with developers to debug and certify the DB participant benefit calculations in their entirety
Working with data analysts 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
Required
Extensive expertise with Defined Benefit Pension Plans, ideally 10+ years
Strong analytical skills, attention to detail
Strong consultative skills
Work within a project matrix, able to handle time effectively
Working understanding of pension laws and regulations
Solid DB experience having worked with a wide variety of DB Plans and features
Actuarial expertise
Ability to document the benefits of a DB plan in extensive, complete detail
Experience actively gathering information from clients and third parties, framing questions, covering all possible scenarios under the DB Plans
Ability to create 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
Preferred
Actuarial designations (EA, ASA) a plus but not required
Company
Fidelity Investments
Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$152.82MKey Investors
Apple
2020-12-28Secondary Market· $2.5M
2018-01-14Secondary Market· $1M
2017-05-03Secondary Market· $12.5M
Leadership Team
Abigail Johnson
Chairman & CEO
Jeanmarie Ward
Senior Vice President of Architecture
Recent News
2026-01-03
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2025-12-30
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