Retirement Plan Compliance Manager

WTW; Tampa (FL); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Retirement plan

Bonus eligibility

Job summary

WTW is seeking a Retirement Plan Compliance Analyst to support attorneys by drafting and amending defined benefit and defined contribution plan documents, SPDs, and related notices. You will ensure ERISA compliance and manage documentation with precision, while guiding internal teams and coordinating client communications to meet regulatory standards.

The role requires 5+ years of drafting experience, expert MS Office skills, and the ability to work independently or as part of a team.

Qualifications

• Bachelor's degree in English or legal studies or equivalent.
• 5+ years drafting/amending pension plan documents and SPDs.
• Strong knowledge of ERISA and the Internal Revenue Code.
• Proficiency with MS Office (Word/Excel/Outlook/PowerPoint).
• Excellent analytical, writing, and verbal communication.
• Ability to work independently and in a team.
• Experience reviewing domestic relations orders is a plus.

Responsibilities

• Draft/amend defined benefit and defined contribution plan documents and SPDs.
• Ensure documents comply with ERISA and federal laws.
• Manage document production timelines and organization.
• Train and mentor staff on plan drafting and compliance.
• Provide guidance on plan language to internal clients.
• Research and stay current on laws affecting employee benefits.
• File documents with government agencies when needed.
• Communicate with clients and counsel on updates.
• Maintain and organize research and contracts.
• Oversee multiple clients and projects, meeting deadlines.

Skills

Analytical skills

Writing skills

Verbal communication

Independent worker

Team collaboration

Education

Bachelor's degree in English or Legal studies

Tools

Microsoft Word

Excel

Outlook

PowerPoint

Job description

Description

We are seeking an organized and detail-oriented Retirement Plan Compliance Analyst to join our team. As a compliance analyst you will play a crucial role in supporting our attorneys by performing a variety of tasks, which will include drafting/amending pension (defined benefit and defined contribution) plan documents, summary plan descriptions, summaries of material modifications and other plan related documents (e.g., policies, procedures) as well as participant communications (e.g., QDIA notices).

The Role

We are seeking an organized and detail-oriented Retirement Plan Compliance Analyst to join our team. As a compliance analyst you will play a crucial role in supporting our attorneys by performing a variety of tasks, which will include drafting/amending pension (defined benefit and defined contribution) plan documents, summary plan descriptions, summaries of material modifications and other plan related documents (e.g., policies, procedures) as well as participant communications (e.g., QDIA notices).

DUTIES AND RESPONSIBILITIES

Plan Drafting: Draft/amend customized comprehensive defined benefit and defined contribution plan documents, summary plan descriptions, summaries of material modifications and other plan related documents and participant communications. Stay current on latest documentation technique and best practices to ensure use of cutting-edge tools and language.

Compliance: Ensure all plan documents comply with ERISA regulations and other applicable federal laws. Adhere to audit protocol to ensure accuracy of documentation.

Document Production/Management: Adhere to document production timelines to ensure efficiency and timely document production. Organize and maintain plan documents, ensuring they are up-to-date and accessible.

Training and Development: Train and mentor staff on plan document drafting and compliance.

Internal Client Communication: Provide technical guidance regarding plan language and training for the internal team as needed. Provide assistance when a client or team member requires assistance understanding the plan language or the underlying legal requirement giving rise to the language.

Other: Keep abreast of laws and regulations impacting employee benefits, claims procedures and notice requirements by using our legal database subscriptions to research, analyze and understand changes in the law and/or regulations.

Filing: File documents with government agencies as needed

Client Communication: Communicate effectively with clients, client counsel, providing updates and gathering information.

Document Management: Prepare, organize and maintain legal documents, including research and contracts.

Project Management:

• Manage multiple clients and projects simultaneously, prioritizing tasks and meeting deadlines.

• Develop and implement project plans, timelines and budgets.

• Coordinate with attorneys, clients and other team members to ensure smooth project execution.

• Track project progress and identify potential issues, taking proactive steps to mitigate risks.

• Keep stakeholders up to date on project status using various reporting, and metric based tools available.

• Manage communication between all parties involved in the project.

All other duties as assigned.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Qualifications

The Requirements

• Bachelor's degree in English or legal studies, or equivalent concentration preferred.

• 5+ years of experience drafting, amending, and tracking changes to pension (defined benefit and defined contribution) benefit plan documents, summary plan descriptions and summaries of material modifications.

• Detailed understanding of laws governing pension plans including ERISA and the Internal Revenue Code are a must have.

• Expertise with Microsoft Office software programs including Word, Excel, Outlook and PowerPoint.

• Excellent analytical, writing and verbal skills.

• Ability to work independently and as part of a team

• Experience with reviewing or qualifying domestic relations orders not required but a plus.

Compensation And Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $80,000 to $120,000 USD per year.

The role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave and Parental and Adoption Leave), Paid Time Off (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf)

• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

EOE, including disability/vets

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.