Retirement Plan Onboarding Lead

Transamerica Corporation; Cedar Rapids (IA); Hybrid; USD 65,000 - 73,000; Full time

Benefits offered by this job

401k Match

Tuition Reimbursement

Health Insurance

Paid Time Off

Job summary

Transamerica Corporation is seeking an experienced Transition Manager to oversee onboarding of new plan sponsor retirement plans and conversions from other providers. You will manage relationships with plan sponsors, financial advisors, third party administrators, and stakeholders throughout installation and transition processes.

The role requires a business-focused candidate with strong communication and project management skills to coordinate education, data transfer, and enrollment activities

Qualifications

• Bachelor’s degree in a business field or equivalent experience
• Two years of financial services industry experience including client management, installations/conversions, or contract compliance
• Good understanding of retirement plan regulations
• Client focused to provide exceptional customer service
• Outstanding written/oral communication and relationship building skills
• Time management and organizational skills to handle multiple installations at various points in the conversion project lifecycle
• Problem solving skills and attention to detail
• Ability to quickly learn and navigate numerous systems/applications

Responsibilities

• Transition manage the installation of defined contribution retirement plans during start up or conversion for single and multiple employer plans
• Analyze deliverable dates and timetables to create detailed project plans
• Evaluate timelines for liquidation of investments and receipt of plan data from prior providers considering SOX blackout and plan effective dates
• Determine education options and delivery methods for plan sponsors and participants; coordinate with trainers to initiate
• Manage transition of funds out of blackout to the service team within set timetable
• Initiate extension notices if needed
• Compliance/Technical: oversee record keeping setup, asset transfer, allocation, and first deposits; ensure regulatory notices are accurate and distributed to participants
• Relationship Management: serve as primary plan sponsor contact; analyze data and notify stakeholders of issues; coordinate communications with sponsors, advisors, and administrators

Skills

Client management

Installations

Conversions

Contract compliance

Communication

Relationship building

Time management

Problem solving

Education

Bachelor’s degree in business

Job description

Transamerica Corporation is seeking an experienced Transition Manager to oversee onboarding of new plan sponsor retirement plans and conversions from other providers. You will manage relationships with plan sponsors, financial advisors, third party administrators, and stakeholders throughout installation and transition processes.

The role requires a business-focused candidate with strong communication and project management skills to coordinate education, data transfer, and enrollment activities