Remote Cost Modeling Expert for Federal Retirement Plans

Censeo Consulting Group; Washington (District of Columbia); Hybrid; USD 110,000 - 155,000; Full time

Benefits offered by this job

Tuition and training reimbursement

Flexible and remote work opportunities

Paid vacation and sick leave

Job summary

Censeo Consulting Group in Washington, DC seeks a Cost Modeling Subject Matter Expert to build comprehensive models for recordkeeping transitions and ongoing operations. You will conduct industry research, benchmark costs, and produce actionable financial analyses for acquisition planning, translating findings into clear recommendations for agency leadership.

The ideal candidate has 10+ years in finance/cost modeling within defined contribution/recordkeeping, with strong communication and

Qualifications

• Master’s Degree or Bachelor’s Degree in Finance, Economics, or a related field.
• 10years of professional experience in research, analysis, cost modeling, or a related field within the defined contribution or recordkeeping industry.
• Demonstrated experience developing comprehensive cost models for large, complex recordkeeping service transitions.
• Experience analyzing transition, transformation, and ongoing operational costs, including total cost of ownership from implementation through benefits realization.
• Demonstrated experience conducting cost and pricing analyses, benchmarking cost efficiencies, and evaluating whether pricing aligns with current market conditions.
• Experience advising plan administrators or comparable financial institutions on recordkeeping transitions, business process transformation, and cost management strategies.
• Ability to align federal standards, rules, and regulations with commercial defined contribution and recordkeeping standards and practices.
• Extensive knowledge of defined contribution plans, recordkeeping services, plan administration, and related cost drivers.
• Strong project management, analytical, written communication, presentation, and stakeholder engagement skills.

Responsibilities

• Develop comprehensive cost models for recordkeeping service transition, transformation, and ongoing operations.
• Conduct detailed cost and pricing analyses to support acquisition planning and evaluation of future state recordkeeping strategies.
• Estimate total cost of ownership from initial transition activities through implementation, ongoing operations, and benefits realization.
• Research and benchmark recordkeeping costs, pricing structures, and cost efficiencies across large defined contribution plans and comparable financial institutions.
• Evaluate alternative sourcing and service delivery approaches based on cost, performance, risk, and expected benefits.
• Analyze historical and current market data to determine whether proposed pricing is consistent with prevailing market conditions.
• Identify major cost drivers, assumptions, dependencies, risks, and opportunities for improving operational efficiency.
• Align cost models with applicable federal requirements and commercial defined contribution and recordkeeping practices.
• Translate complex financial analyses into clear findings, executive-level presentations, and actionable recommendations.
• Collaborate with agency stakeholders, acquisition specialists, technology experts, and retirement plan administration subject matter experts to ensure cost considerations are incorporated into acquisition and transition planning.

Skills

Analytical thinking

Written communication

Stakeholder engagement

Project management

Financial analysis

Industry benchmarking

Education

Finance/Economics degree

Job description

Censeo Consulting Group in Washington, DC seeks a Cost Modeling Subject Matter Expert to build comprehensive models for recordkeeping transitions and ongoing operations. You will conduct industry research, benchmark costs, and produce actionable financial analyses for acquisition planning, translating findings into clear recommendations for agency leadership.

The ideal candidate has 10+ years in finance/cost modeling within defined contribution/recordkeeping, with strong communication and