Retirement Benefits Analyst ll

    • Job Tracking ID: 512935-828540
    • Job Location: Remote, USA
    • Job Level: Mid Career (2+ years)
    • Level of Education: BA/BS
    • Job Type: Full-Time/Regular
    • Date Updated: September 27, 2022
    • Years of Experience: 2 - 5 Years
    • Starting Date: ASAP
    • Salary Type:: Salary
    • Rate:: $48,100 + DOE
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Job Description:

Job Purpose:

The Retirement Benefits Analyst II provides full-service administration for a caseload of 70+ defined contribution retirement plans to provide superior customer service, build, and maintain strong client relationships.

Key Functions

Essential

  • Completes complicated plan valuations, including plan asset reconciliation, processing of all required transactions on the record-keeping system and preparing all government filings for the plan.
  • Works with Employee Retirement Income Security Act (ERISA) and other retirement laws and regulations required to perform defined contribution compliance including: Average Deferral Percentage (ADP) and Actual Contribution Percentage (ACP) testing.
  • Analyzes plan documents and summary plan descriptions, and drafts sample plan language for those documents.
  • Understand and follow ERISA and Department of Labor (DOL) regulations and apply the laws in day-to-day tasks.
  • Meets with prospective clients and brokers regarding plan administration issues.
  • Supports department annual sales goal by meeting or exceeding annual revenue goal for assigned caseload.
  • Participates in all industry and regulatory training as made available to department.

Additional

  • Trains and mentors Retirement Assistant Analysts and Retirement Benefits Analyst I positions.
  • Assists the Retirement Sales Consultant in presentations to potential clients and financial advisors.
  • Demonstrates excellent attendance and punctuality.
  • Efficiently performs the Key Functions with or without a reasonable accommodation and without posing a direct safety threat to others or self.
  • Ensures compliance with security practices and procedures, including HIPAA and HITRUST standards.
  • Adheres to AmeriBen culture by demonstrating Integrity, Initiative, Good Judgment, and Teamwork.
  • Performs other duties as assigned to ensure individual and group goals are achieved with Accuracy, Customer Service and Timely Turnaround.

Experience and Skills:

Minimum Qualifications & Education

  • Bachelor’s degree or equivalent related experience
  • Three or more years of retirement administration experience.
  • Proficiency using Microsoft Office products

Preferred Qualifications

  • Obtains credits to continue or obtain a professional retirement or pension designation/certification.
  • Knowledge of retirement plan industry, ERISA, DOL & IRS regulations, and plan document issues.

 

AmeriBen is an Equal Opportunity Employer committed to creating an environment of diversity and inclusion for equal employment and advancement opportunities to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, national origin, sex, sexual orientation, gender identity and/or expression, genetic information, disability, veteran or military status, or any other category protected by federal, state and/or local law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. If you are unable to use our online application process due to a disability, please contact the Human Resources Department at humanresources@ameriben.com or call 208-488-7654.