Customer Service Specialist I - Savings Plans

Utah Retirement Systems; Salt Lake City (UT); Vor Ort; USD 60.000 - 75.000; Vollzeit

Zusammenfassung

Utah Retirement Systems seeks a detail-oriented professional to support Defined Contribution Savings Plans. The role administers 401(k), Roth 401(k), 457(b), and IRA accounts, educating members and ensuring plan integrity.

Responsibilities include counseling participants, processing withdrawals and loans, and maintaining accurate records while upholding confidentiality and service standards.

Qualifikationen

• Associate degree and 2 years of related experience, or an equivalent combination.
• Preferred CFP, CEBS, or ChFC certifications and experience with employer-sponsored retirement plans.
• Must have knowledge of 401(k), Roth 401(k), 457(b), IRA rules and tax treatment.

Aufgaben

• Answers inbound calls and educates members on tax-advantaged investing within URS plans.
• Counsels participants on plan provisions, contribution options, tax treatment, and distribution rules.
• Processes applications including withdrawals, plan loans, RMDs, and IRA conversions.
• Acts as department cashier and maintains accurate reconciliation records.
• Investigates member issues via phone, mail, email, or other channels.
• Updates educational materials and maintains plan processes with accuracy.
• Provides coverage for other Customer Service Specialists when needed.
• Maintains regular attendance and confidentiality.
• Performs other duties as required.

Kenntnisse

Communication skills

Customer service

Analytical skills

Microsoft Office

Telephone etiquette

Attention to detail

Ausbildung

Associate degree

2 years related experience

Tools

Microsoft Excel

Multi-line telephone system

Office equipment

Jobbeschreibung

About The Company

Utah Retirement Systems provides retirement benefits for more than 250,000 Utah public employees, including teachers, firefighters, police officers, and others who serve their communities. URS administers eight pension systems and four retirement savings plans, providing financial security and peace of mind for thousands of Utah families. URS is a dynamic, complex enterprise that requires collaboration from talented employees across a diverse range of fields. We take pride in maintaining a positive team environment and excellent work-life balance. We offer a competitive salary, and our benefits far exceed what most modern employers offer.

Job Description

POSITION SUMMARY

Performs a variety of advanced technical and administrative duties related to the daily operations of the Utah Retirement Systems Defined Contribution Savings Plans. This role requires a strong working knowledge of tax‑advantaged retirement vehicles including 401(k) and Roth 401(k) plans, 457(b) and Roth 457(b) plans, and traditional and Roth IRAs. The position ensures accurate plan administration, provides expert guidance to members, and supports the integrity of plan operations across all URS Savings Plans.

ESSENTIAL JOB FUNCTIONS AND DUTIES

• Answers in‑bound phone calls and provides education and guidance to members regarding tax‑advantaged investing strategies within the URS 401(k), Roth 401(k), 457(b), Roth 457(b), traditional IRA, and Roth IRA programs.
• Meets with, counsels, and educates plan participants regarding plan provisions, contribution options, tax treatment, distribution rules, and potential IRS or state‑tax ramifications associated with each type of retirement account.
• Processes participant applications including regular and hardship withdrawals, plan loans and loan defaults, Required Minimum Distributions (RMD), W‑4R withholding elections, IRA conversions and recharacterizations ensuring all actions comply with plan rules and IRS regulations specific to each account type.
• Acts as department cashier by accepting payments and maintaining accurate and compliant reconciliation records.
• Investigates and resolves member issues received by phone, mail, email, or other channels, applying strong knowledge of savings‑plan regulations and procedures. Escalates matters to management appropriately when needed.
• Completes individual projects that may include updating educational materials, researching retirement‑related topics, or maintaining specific plan processes, with emphasis on accuracy in describing 401(k), 457(b), and IRA rules.
• Provides coverage for other Customer Service Specialists when necessary.
• Maintains regular and reliable attendance.
• Maintains strict confidentiality.
• Performs other duties as required.

Required Experience

Education and Experience

Associate degree andtwo (2) years of related experience; or an equivalent combination of education and experience.

Preferred qualifications include call-center experience, industry certifications such as Certified Financial Planner (CFP), Certified Employee Benefit Specialist (CEBS), or Chartered Financial Consultant (ChFC), and experience working with employer‑sponsored retirement plans and/or IRA administration.

Knowledge, Skills, and Abilities

This list contains knowledge, skills, and abilities that are typically associated with the job. It is not all-inclusive and may vary from position to position:

Required technical skills include:

• Use of Microsoft Office programs at an intermediate level.
• Ability to operate multi‑line telephones and general office equipment.

Required mathematical skills include:

• Ability to add, subtract, multiply, and divide all units of measure, using whole numbers, fractions, and decimals.
• Basic bookkeeping, accounting, and statistical procedures.

Must possess excellent communication skills:

• Effective document writing and editing skills.
• Strong verbal and written communication abilities.
• Excellent public relations and interpersonal skills.

Must possess working knowledge of:

• 401(k), Roth 401(k), 457(b), Roth 457(b), traditional IRA, and Roth IRA rules, including contribution limits, withdrawal rules, tax treatment, rollovers, transfers, and RMD requirements.

Must have the ability to:

• Establish and maintain effective working relationships with co-workers, members, and the public.
• Analyze retirement‑related issues and make informed recommendations.
• Understand the principles, purpose, and structure of defined contribution plans and IRAs.
• Apply IRS codes, Treasury regulations, and plan provisions to real‑world member situations.
• Interpret and communicate IRS and Treasury regulations that govern Defined Contribution Savings Plans.
• Explain complex retirement‑plan rules and tax concepts clearly, accurately, and in plain language.
• Accurately interpret and communicate Savings Plan policies and procedures across all plan types.
• Prioritize work and meet deadlines.
• Work both independently and as part of a team.
• Manage multiple tasks efficiently.
• Follow through on assignments and manage stress effectively.

The incumbent must always demonstrate judgment, high integrity, and personal values consistent with the values of URS.

Work Environment

Incumbent performs in a typical office setting with appropriate climate controls. Tasks require a variety of physical activities which do not generally involve muscular strain, but do require activities related to walking, standing, stooping, sitting, reaching, talking, hearing, and seeing. Common eye, hand, finger dexterity required to perform essential functions.