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Company

Ascensus · 4 hours ago

Defined Benefit Consultant

Indianapolis, IN

Full-time

Remote

Senior Level

6+ years exp

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ConsultingRetirement

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Responsibilities

Provide exceptional customer service, including problem solving with minimal inconvenience to clients

Provide effective and timely verbal and written communications in a clear, concise and informative written manner

Assist the client with all initial and ongoing plan design and document support

Assist the client in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan

Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self study and company-sponsored training sessions

Accountable for most all aspects of actuarial valuation reports, participant statements, Annual Funding Notice, and AFTAP preparation

Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 401(a)(4), 401(a)(26), deductibility, and 402(g)

Prepare benefit calculations and review distribution paperwork

Review loan paperwork and coordinate processing of loans with asset holder

Review or prepare Form 5500, draft Schedule SB for actuary, and coordinate with plan sponsor to help ensure timely filing

Review or prepare annual PBGC premium filings

Assist in preparation of PBGC termination filings

Assist auditors if a plan is subject to an annual audit

Under the direction of management, assist IRS, DOL and PBGC auditors, if the plan is subject to an IRS, DOL or PBGC audit

Coordinate with all applicable parties, both internal and external, to ensure accurate takeover process for new clients including set up to match prior valuation

As applicable, work with Actuarial Analysts, Enrolled Actuaries, or solely to coordinate and oversee activities that will ensure timely and accurate completion of a large book of business

Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.

Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.

Assist with other tasks and projects as assigned

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

ERISA complianceDefined benefit plansDefined contribution plansActuarial valuationFinancial data evaluationCash Balance PlanQPA certificationQKA certificationCPC certificationASC softwareMicrosoft WordMicrosoft ExcelMicrosoft OutlookTask management

Required

Bachelors degree required.

Minimum 6 years of ERISA defined benefit and defined contribution experience in the retirement industry

Experience in evaluation of financial data required.

Strong Word, Excel, and Outlook skills.

Strong written and oral communication skills.

Strong evaluation and problem solving skills.

Strong attention to detail and the ability to prioritize, manage tasks and meet in conjunction with business operations, including related ERISA compliance matters.