Senior Plan Consultant - Defined Contribution & Contracts

Soteria Reinsurance Ltd.; Smithfield (RI); On-site; USD 110,000 - 140,000; Full time

Job summary

Fidelity Investments in Smithfield, RI seeks a Senior Plan Consultant to draft and execute the Pre-Approved Plan Document, interpret provisions, and negotiate service agreements between client and Fidelity. You will analyze defined contribution plan documents for ERISA compliance and coordinate with employers, consultants, and attorneys.

The role requires knowledge of ERISA and regulatory issues related to 401(k)/403(b) plans, college degree or equivalent experience, and strong contract

Qualifications

• Previous Defined Contribution retirement plan experience preferred.
• Strong understanding of ERISA and regulatory issues especially related to 401(k)/403(b) plans.
• College Degree or equivalent experience preferred.
• CPA, CEBS, ERPA or ASPPA designation(s), a plus.
• Strong contract negotiation skills: ability to articulate a point of view in a compelling and succinct manner
• Excellent written and verbal communication skills
• Application knowledge: Microsoft Office, Zoom, Microsoft Teams, Salesforce, Plan Central, XTRAC

Responsibilities

• Analyze plan documents to determine compatibility with Fidelity's Pre-Approved Plan Document.
• Review plan provisions and Fidelity services with employers to facilitate plan feature selections.
• Draft, negotiate, and finalize the Pre-Approved Adoption Agreement and Service Agreement.
• Communicate project progress, issues, and accomplishments to the department and partners.
• Review and negotiate document exceptions to the Fidelity Pre-Approved Plan Document; negotiate service exceptions.
• Sign documents on behalf of FMTC and Fidelity Workplace Services.
• Participate in process improvement and companywide initiatives.

Skills

ERISA knowledge

Contract negotiation

Written and verbal communication

Project management

Time management

Client management

Multi-project handling

Education

College Degree or equivalent experience

CPA / CEBS / ERPA / ASPPA designation(s) a plus

Tools

Microsoft Office

Salesforce

Plan Central

XTRAC

Microsoft Teams

Zoom

Job description

Fidelity Investments in Smithfield, RI seeks a Senior Plan Consultant to draft and execute the Pre-Approved Plan Document, interpret provisions, and negotiate service agreements between client and Fidelity. You will analyze defined contribution plan documents for ERISA compliance and coordinate with employers, consultants, and attorneys.

The role requires knowledge of ERISA and regulatory issues related to 401(k)/403(b) plans, college degree or equivalent experience, and strong contract