The Standard
Retirement Plan Compliance Analyst I
This job is now closed
Job Description
- Req#: REQ005006
Employer Industry: Insurance and Financial Services
Why consider this job opportunity:
- Salary up to $35.70 per hour
- Annual incentive bonus plan available
- Comprehensive benefits package including medical, dental, and vision
- Generous paid time off including 164 hours per year, 11 paid holidays, and 2 wellness days
- Opportunities for career growth and advancement
- Supportive management approach fostering employee engagement
What to Expect (Job Responsibilities):
- Conduct research and perform data analysis related to defined contribution retirement plans, ensuring legal compliance and responding to inquiries from various stakeholders
- Communicate effectively with account management regarding plan testing changes and potential solutions
- Resolve complex compliance questions and provide expert advice on contribution allocation and testing correction methods
- Serve as a subject matter expert in retirement plan administration and lead training events for staff
- Review and provide feedback on work completed by co-workers to ensure accurate plan administration
What is Required (Qualifications):
- Minimum of 2 years of experience in defined contribution plan administration, including document interpretation and customer contact
- Hands-on experience with compliance and non-discrimination testing of retirement plans
- Familiarity with form 5500 preparation
- In-depth knowledge of the Employee Retirement Income Security Act of 1974 (ERISA)
- Bachelor's degree in a related field or equivalent combination of education and experience
How to Stand Out (Preferred Qualifications):
- Pursuit of American Society of Pension Professionals and Actuaries (ASPPA) classes related to the Qualified Pension Administrator (QPA) designation or higher
- Experience in performing annual compliance testing for qualified retirement plans with complex provisions
#Insurance #FinancialServices #CareerGrowth #CompetitivePay #EmployeeBenefits
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