Pension Consultant

Pension Associates Inc; Washington; On-site; USD 85,000 - 140,000; Full time

Job summary

Pension Associates is seeking an experienced Pension Consultant with hands-on experience in compliance and plan administration. The firm specializes in DB/DC plan design and actuarial services, and seeks someone to maintain client relationships and manage a caseload.

The role involves reviewing government filings, communicating industry developments, and guiding clients on plan operation, funding, and design within a results-driven team environment.

Qualifications

• 2-5 years' experience in Defined Benefit and Defined Contribution administration; Floor Offset and Combo Plan experience desired.
• 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.

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

ADP/ACP expertise

Non-discrimination testing

Communication skills

Education

Bachelor's degree

Tools

Datair Pension

Job description

Job Description

Job Description

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.