Pension Consultant

Pension Associates Inc; United States; Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k)

Bonus based on performance

Competitive salary

Dental insurance

Free food & snacks

Health insurance

Opportunity for advancement

Paid time off

Parental leave

Training & development

Vision insurance

Job summary

Pension Associates Inc in Stamford, CT is seeking an experienced Pension Consultant with hands-on compliance and plan administration to support a portfolio of retirement plans.

You will maintain client relationships, review testing and government filings, and collaborate with CPAs and recordkeepers to ensure an exemplary client experience. Flexible work-from-home options available.

Qualifications

• Must have 2–5 years' experience in Defined Benefit and Defined Contribution administration.
• Floor Offset and Combo Plan experience desired.
• Extensive training will be provided if experience is less than 5 years.
• Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing.
• Working knowledge of defined Benefit plans including Cash Balance Plans, top heavy requirements, minimum and maximum funding requirements.

Responsibilities

• Maintain client and advisor relationships with a high client retention rate.
• Maintain a caseload of about 100 small clients.
• Review and approve ADP/ACP, other non-discrimination testing, Form 5500 and other government forms.
• Proactively communicate with clients and investment advisors about new industry developments.
• Work with CPA, recordkeeper and advisor to ensure a great client experience.
• Consult with clients regarding plan operation and design.
• Manage and prioritize workload towards weekly goals in a results-oriented team environment.
• Clearly communicate to the client and advisor regarding the complexities of combo plans, including annual funding requirements, plan design, and deadlines (funding, 5500, PBGC, amendments, etc.)

Skills

Defined Benefit administration

Defined Contribution administration

ADP/ACP testing

PBGC knowledge

Actuarial valuations understanding

Communication skills

Organizational skills

ASPPA credentials

Education

Bachelor's degree in business, accounting, or communication

Tools

Datair Pension system

Job description

Benefits:

• 401(k)


• Bonus based on performance


• Competitive salary


• Dental insurance


• Free food & snacks


• Health insurance


• Opportunity for advancement


• Paid time off


• Parental leave


• Training & development


• Vision insurance

Pension Associates is a third-party administration firm located in Stamford, CT. We have been doing business since 1991 and specialize in both DB / DC plan design, administration and actuarial services. Due to our continued growth, we are currently seeking an experienced Pension Consultant with hands-on experience in compliance and plan administration.

Job Responsibilities:

• Maintain client and advisor relationships with a high client retention rate


• Maintain a caseload of about 100 small clients


• Review and approve ADP/ACP, other non-discrimination testing, Form 5500 and other government forms


• Proactively communicate with clients and investment advisors about new industry developments


• Work with CPA, recordkeeper and advisor to ensure a great client experience


• Consult with clients regarding plan operation and design


• Manage and prioritize workload towards weekly goals in a results-oriented team environment


• Clearly communicate to the client and advisor regarding the complexities of combo plans, including annual funding requirements, plan design, and deadlines (funding, 5500, PBGC, amendments, etc.)

Qualifications:

• Must have 2 - 5 years' experience in Defined Benefit and Defined Contribution administration. Floor Offset and Combo Plan experience desired. Extensive training will be provided if experience is less than 5 years


• Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing


• Working knowledge of defined Benefit plans including Cash Balance Plans, top heavy requirements, minimum and maximum funding requirements


• General understanding of actuarial valuations


• General knowledge of PBGC coverage and its requirements


• Excellent written and verbal communication skills


• Excellent organizational skills and a high level of critical thinking


• ASPPA credentials preferred


• Datair Pension system experience a plus


• Bachelor’s degree in business, accounting, or communication preferred

Applicants who do not meet the minimum qualifications will not be considered at this time.

Flexible work from home options available.