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Mutual of America Financial Group · 2 days ago
Associate Client Conversion Analyst
Boca Raton, FL
Full-time
Onsite
Entry Level
1+ years exp
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Insider Connection @Mutual of America Financial Group
Responsibilities
Communicate with clients and new plan providers for deconversion cases, process benefit purchases and distributions as necessary
Process plan and contract terminations using the various FIS-Omni systems – Omni-DC/DB and Omni Pay
Defined contribution plans - ensure all accounts are in good order for processing
For both defined benefit and defined contribution plan terminations; review and mail out benefit distribution packages; secure valid participant election forms; purchase annuities and process lump sum distributions to complete the plan termination on schedule
Process contract terminations and advise client of documentation required; ensure it is received and in good order, secure information necessary for the new plan provider to take over the administration of the plan, and transfer the assets to the new plan provider
Work with the various departments within the Company to ensure that the plan and contract terminations are processed in accordance with the requirements
Obtain and transmit census and loan data necessary to administer the plan
Assist with IRS and PBGC audits as requested
Other duties as assigned to support the overall workflow of the department
Qualification
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Required
College degree or equivalent work experience in the retirement industry
Excellent written and oral communication skills
Well organized and ability to work independently
Ability to scan databases for requested information
Working knowledge of the various Microsoft Office products
Preferred
1+ years’ experience in the retirement Industry
Basic knowledge of regulatory and legal requirements affecting pension and savings plans
Defined Benefit calculation experience
Benefits
Annual Bonus
Comprehensive Benefits Package (medical, dental, and vision) that starts day one of employment
401(k) Match: You will be eligible to receive up to 9% of your pay (salary and incentive compensation) in Company contributions. A non-elective employer contribution of 3%, plus a 100% employer match on employee contributions of up to 6% of pay.
Parental Leave: 8 weeks fully paid
Paid time off: 20 days plus two floating personal holidays
Matching Gift Program: Mutual of America matches donations of $25 or more to your favorite organizations
Company
Mutual of America Financial Group
Mutual of America has specialized in providing retirement products and related services to organizations and their employees, as well as individuals, for over 70 years.
1,001-5,000 employees
Funding
Current Stage
Late StageLeadership Team
Stephen Rich
President & CEO
Chris Malfant
Executive Vice President & Head of Fixed Income
Recent News
Company data provided by crunchbase
