Retirement Project Specialist

Aegon; United States; On-site; USD 59,000 - 69,000; Full time

Job summary

Aegon seeks a skilled data and systems analyst to support Match and Profit Share calculations for Mega and Large market clients in the United States. You will format Excel-based calculation models, load remittance data, and coordinate data transmissions with clients and Transamerica outsourcing teams.

The role requires pension knowledge, 3–5 years of related experience, and proficiency with AQT, Spufi, ROC, SharePoint, and Access. Strong problem solving and communication skills are essential.

Qualifications

• Bachelor’s degree in business, system-related field, or equivalent experience required.
• 3–5 years pension, accounting or technical experience required.
• Pension knowledge required.
• Strong PC skills including email, database activity, word processing, spreadsheets.
• AQT and Spufi knowledge required.

Responsibilities

• Format Excel files and implement IF statements for Match/Profit Sharing calculations for Mega and Large market clients.
• Accumulate data from remittance files and ensure accuracy for quarterly plan testing and employer contributions.
• Collaborate with clients on discrepancies or questions about Match/Profit Sharing calculations.
• Review plan documents to determine Outsource Services scope.
• Develop test data for Outsourcing requirements and load data to activate Outsource Services for in-force plans.
• Perform assigned projects as needed.

Education

Bachelor's degree in business or related field

Tools

AQT

Spufi

ROC

SharePoint

Access

Excel macros

Job description

Coordinate Match and Profit Share calculations for high profile Mega and Large market clients. This includes developing and implementing “IF” statement formulas to calculate Match and Profit Share contributions with 100% accuracy. Determine required data for remittance layouts, create year to date base calculation files by combining system data with client remittance data. Additionally, the candidate will be responsible for loading data files for selected Mega and Large market clients that utilize Transamerica’s Outsourcing Services, coordinate the setup of data transmissions between Transamerica and the client and assist clients (internal and external) in the utilization of current Transamerica outsourcing technology. In addition, the candidate will support and update SharePoint and Access data bases. This includes using the ROC application to edit table data.

Responsibilities

• Format EXCEL files and program calculation by implementing “IF” statements to perform Match/Profit Sharing calculations for Mega and Large market clients.
• Accumulating data from ongoing remittance files. Ensure true accuracy of these “quarterly” accumulated files needed for Plan Testing purposes as well as determining Employer contributions.
• Work with client on discrepancies or questions concerning the Match/Profit Sharing calculations.
• Review plan document to determine Outsource Services.
• Work with the client to develop test files for data required to support Outsourcing.
• Load data and activate Outsource Services for In-Force plans.
• Projects as assigned

Qualifications

• Bachelor’s degree in business, system-related degree, or equivalent experience required.
• 3-5 years pension, accounting or technical required.
• Comprehensive knowledge of processes and systems used with expertise in most job functions.
• Pension knowledge required.
• Strong PC skills required including electronic mail, routine database activity, work processing, spreadsheet, etc.
• AQT and Spufi knowledge required.

Preferred Qualifications

• Knowledge of various software packages including EXCEL with emphasis on formula writing and creating Macros to calculate Employer contributions.
• Ability to use text editors to review file data necessary to support Outsource Services.
• Knowledge of AQT and ROC applications.
• Strong problem-solving skills needed to isolate and resolve data issues for Employer contribution files.
• Excellent time management and organizational skills to meet client deadlines.
• Knowledge of Transamerica’s PIII record keeping system.
• Knowledge of Transamerica’s Direct On-Line and Plan Sponsor On-Line.
• Knowledge of SharePoint and Access programs.
• Strong verbal and written communication skills to respond to inquiries by clients and internal Transamerica representatives.

Working Conditions

Normal office environment. Minimal travel required.

Compensation

The salary for this position generally ranges between $58,500 - $68,500 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.