ERISA Consultant

apply; Town of Texas (WI); Hybrid; USD 95,000 - 130,000; Full time

Benefits offered by this job

Hybrid work model

Growth opportunities

Job summary

ADP is hiring an ERISA Consultant who can sit in El Paso, TX or Louisville, KY. You will interact with clients to interpret retirement plan provisions, advise on ERISA requirements, and help implement ADP’s retirement services to support long-term employee outcomes.

You will work with cross-functional teams to address regulatory changes, draft plan documents and amendments, and ensure client plans stay compliant.

Qualifications

• 3-5 years experience in financial industry with 401K plans.
• Willing to work overtime during peak seasons.
• Degree not required; relevant experience acceptable.
• Military experience encouraged and valued.
• Strong ERISA knowledge and plan/document understanding a plus.
• Ability to analyze complex issues and propose solutions.

Responsibilities

• Interface with clients to interpret plan provisions and identify issues.
• Create and maintain plan documents and client agreements.
• Research regulatory compliance issues for assigned clients.
• Consult with client service, operations, and new business on ERISA issues.
• Support ERISA compliance for new processes, products, and regulatory changes.

Job description

ADP is hiring an ERISA Consultant that can sit in either El Paso, TX or Louisville, KY.

• Are you looking to grow your career in an agile, dynamic environment with plenty of opportunities to progress?

Well, this may be the role for you. Ready to make your mark?

As an ERISA Consultant,you willprovide the interaction betweenour clientsandADP’sretirement offerings. Building strongrelationshipswith clientsand seamlesslyimplementingADP’s technologies,you will ensure yourclientsare set up for long-term success with ADP.Even more, you willmake animmediateimpactonceADP’sservices are deliveredonthe day-to-day lives ofyour clients’employees.

Youwillspendmost ofyour day with the formulation of the adoption agreement, interpreting key legislations impacting the Retirement Service business function and client base as it relates to 401(K)

To thrive in this role, you have a way with clients that builds rapport, establishes trust, and shines with professionalism. Over the phone and in writing, your communication style is clear and easy for our clients to understand. As a result, your delivery of key tasks to our clients and internal partners makes you proud.Paceand volume should not scare you. We also have a healthy dose of fun. Not only can you find a career here but friendships that last in a company that values inclusion.

What you’ll do: Responsibilities

What you can expect on a typical day:

• Communicating with new clients, analyze existing plan documentation to identify plan provisions, features, and benefits. Identify any issues with plan documentation that could lead to plan qualification issues and address with client.
• Create new plan documents and client account agreements as applicable for new business clients including all ancillary service schedules. While at the same time maintain plan documents for assigned clients for any legislative or regulatory changes, as necessary. Create and maintain any client requested plan document or service agreement amendments.
• Identify, research, and communicate any regulatory compliance issues for assigned clients based upon understanding of applicable laws and regulations.
• Consult with the various business groups including client service, operations, and new business, about ERISA issues that affect their individual job functions.
• Works on projects designed to ensure ERISA compliance for new processes, products, procedures, and regulatory changes.Research and resolve ERISA questions from internal clients through the various ERISA Mailboxes for pooled client base.

TO SUCCEED IN THIS ROLE: Requirements

• You will require 3-5 years working with in the financial industry and with 401K plans specifically.
• Willingness to work overtime hours during peak seasons.

A college degree is great but not required. What is more important is having the skills to do the job. Other acceptable experiences could include:

• Experience noted above, OR
• Military Experience. We recognize and appreciate the unique talents and experiences Veterans bring to the table. We value the discipline, commitment, and problem-solving abilities you developed and are excited to provide an environment where you can continue to make a meaningful impact.

Bonus points for these: Preferred Qualifications

• Understanding of ERISA Law and related regulatory guidance from IRS/DOL
• Understanding of Recordkeeping requirements for qualified plans
• Understanding of plan document requirements and
• Ability to analyze complex issues and identify solutions.

YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:

• Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
• Belong by joining one of our Business Resource Groups where you can connect globally with networks and allies who share common interests and experiences.
• Grow your career in an agile, dynamic environment with plenty of opportunities to progress.
• Continuously learn through ongoing training, development, and mentorship opportunities.

#LI-TK1

#LI-Hybrid