Retirement Plan Compliance Manager

WTW; Tempe (AZ); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Health and Welfare Benefits

Retirement Benefits

Paid Time Off

Job summary

WTW is seeking an organized Retirement Plan Compliance Analyst to support our attorneys by drafting and amending defined benefit and defined contribution plan documents, SPDs, and related materials, including participant communications.

The role focuses on ERISA compliance, document production and management, staff training, and clear client communication, with opportunities to oversee multiple client projects and ensure timely deliverables.

Qualifications

• Bachelor's degree in English or legal studies, or equivalent concentration preferred.
• 5+ years drafting, amending and tracking changes to pension plan documents and SPDs.
• Detailed understanding of ERISA and the Internal Revenue Code.
• Expertise with Word, Excel, Outlook and PowerPoint.
• Excellent analytical, writing and verbal skills.

Responsibilities

• Plan Drafting: Draft/amend defined benefit and defined contribution plan documents and related communications.
• Compliance: Ensure documents comply with ERISA and applicable laws; audit-ready.
• Document Production/Management: Maintain up-to-date plan documents and ensure timely production.
• Training and Development: Train and mentor staff on plan drafting and compliance.
• Internal Client Communication: Provide guidance on plan language and requirements.
• Other: Research changes in law/regulations using legal databases.
• Filing: File documents with government agencies as needed.
• Client Communication: Update clients and counsel and gather required information.
• Document Management: Organize research, contracts and legal documents.
• Project Management: Manage multiple clients/projects, timelines, budgets, and risk mitigation.

Skills

Pension compliance

ERISA knowledge

Plan drafting

Documentation management

Training & mentoring

Client communication

Attention to detail

Education

Bachelor's degree in English or legal studies

Tools

Microsoft Office

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.