Retirement Benefits Analyst — Defined Benefit

Charles Schwab; Richfield (MN); On-site; USD 85,000 - 110,000; Full time

Job summary

Charles Schwab in Richfield, Minnesota is seeking a Defined Benefits Analyst to deliver DB services for self-employed individuals and small businesses. You will prepare and review actuarial reporting, contribution estimates, and plan documents, and respond to client questions with clear guidance.

You will work with clients and advisors, peer-review filings such as Form 5500 and funding notices, and develop participant benefit calculations while applying specialized knowledge to resolve issues

Qualifications

• Desire to contribute to Schwab's products and services.
• Strong oral and written communications skills.
• Ability to rapidly learn a broad range of skills and become a DB subject matter expert.
• Capability to think differently and continuously improve service delivery.

Responsibilities

• Consult with prospective and ongoing clients and advisors.
• Prepare and peer review annual actuarial reporting and contribution estimates.
• Prepare and peer review government filings for ongoing and terminating plans (e.g., Form 5500, Schedule SB, Annual Funding Notice, PBGC Premium, IRS Form 5310, PBGC Form 500).
• Develop/review participant benefit calculations and distribution paperwork.
• Prepare and review plan documents, amendments, and employer resolutions.
• Apply specialized knowledge to resolve issues and influence action.
• Use good judgment in selecting methods to solve problems.

Skills

Communication

Team player

Attention to detail

Learning agility

Organization

Education

Bachelor's or equivalent in Business, Finance, Accounting, or Math

Tools

Microsoft Office

Adobe Acrobat Pro

Job description

Charles Schwab in Richfield, Minnesota is seeking a Defined Benefits Analyst to deliver DB services for self-employed individuals and small businesses. You will prepare and review actuarial reporting, contribution estimates, and plan documents, and respond to client questions with clear guidance.

You will work with clients and advisors, peer-review filings such as Form 5500 and funding notices, and develop participant benefit calculations while applying specialized knowledge to resolve issues