Retirement Plan Consultant
Alliant Insurance Services, New York, NY, United States
Job Opportunity At Alliant Insurance Services
At Alliant Insurance Services, we thrive on creating employee benefits solutions built on the idea that health makes growth possible. As top tier professionals dedicated to solving our clients' health and welfare insurance challenges, Alliant team members deliver an unrivaled depth of service, and our unique approach enables us to help clients stay resilient and turn change into opportunity. This position is a chance to join a dynamic, expanding company with prospects for individual and career growth. As one of the 10 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide. Summary
Responsible for preparing plan documents, planning year end compliance requirements, providing customer service and overall service of assigned clients in updating key plan data on an annual basis. Also responsible for all activities surrounding the procurement, placement and implementation of defined contribution plans. Essential Duties And Responsibilities
Strong understanding of IRS & ERISA Regulations; Prepares defined contribution plan documents; Prepares and conducts plan year end non-discrimination testing (ADP, ACP, Top-heavy, 410(b), 415, 414(s), etc.; Prepares IRS Filings (5500, 5558, 5330, etc.) and assists auditors; Processes distributions (withdrawals, in-service, RMD's, loans, hardships); Maintains ongoing client contact to assist with day to day service issues and vendor management; Works with vendors to automate process of data collection and analysis; Maintains client and due diligence files; Ongoing client contact to assist with day to day service issues and vendor management; Records notes at meetings and prepares minutes for various investment committees; Assists in completing plan applications, plan document review, and plan implementation; Supports the 401(k) Department with general industry knowledge; Researches and supports new initiatives to increase our efficiency, productivity, compliance and profitability; Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information); Other duties as assigned. Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates. Performs other duties as assigned. Qualifications
Education / Experience
Bachelor's Degree of equivalent combination of education and experience Three (3) or more years of related work experience Professional designation (ASPPA, NIPA, etc.) or progress toward designation Understanding of retirement plan types and operations; as well as knowledge of ERISA guidelines and regulations Experience with small to mid-size (250+) clients Skills
Excellent interpersonal, relationship building, negotiating and problem solving skills Excellent verbal and written communication skills Excellent presentation skills with the ability to communicate information to a broad audience Exceptional attention to detail Ability and motivation to work independently Good leadership and time management skills Good planning, organizational and prioritization skills Advanced analytical skills Proficient in Microsoft Office products
At Alliant Insurance Services, we thrive on creating employee benefits solutions built on the idea that health makes growth possible. As top tier professionals dedicated to solving our clients' health and welfare insurance challenges, Alliant team members deliver an unrivaled depth of service, and our unique approach enables us to help clients stay resilient and turn change into opportunity. This position is a chance to join a dynamic, expanding company with prospects for individual and career growth. As one of the 10 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide. Summary
Responsible for preparing plan documents, planning year end compliance requirements, providing customer service and overall service of assigned clients in updating key plan data on an annual basis. Also responsible for all activities surrounding the procurement, placement and implementation of defined contribution plans. Essential Duties And Responsibilities
Strong understanding of IRS & ERISA Regulations; Prepares defined contribution plan documents; Prepares and conducts plan year end non-discrimination testing (ADP, ACP, Top-heavy, 410(b), 415, 414(s), etc.; Prepares IRS Filings (5500, 5558, 5330, etc.) and assists auditors; Processes distributions (withdrawals, in-service, RMD's, loans, hardships); Maintains ongoing client contact to assist with day to day service issues and vendor management; Works with vendors to automate process of data collection and analysis; Maintains client and due diligence files; Ongoing client contact to assist with day to day service issues and vendor management; Records notes at meetings and prepares minutes for various investment committees; Assists in completing plan applications, plan document review, and plan implementation; Supports the 401(k) Department with general industry knowledge; Researches and supports new initiatives to increase our efficiency, productivity, compliance and profitability; Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information); Other duties as assigned. Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates. Performs other duties as assigned. Qualifications
Education / Experience
Bachelor's Degree of equivalent combination of education and experience Three (3) or more years of related work experience Professional designation (ASPPA, NIPA, etc.) or progress toward designation Understanding of retirement plan types and operations; as well as knowledge of ERISA guidelines and regulations Experience with small to mid-size (250+) clients Skills
Excellent interpersonal, relationship building, negotiating and problem solving skills Excellent verbal and written communication skills Excellent presentation skills with the ability to communicate information to a broad audience Exceptional attention to detail Ability and motivation to work independently Good leadership and time management skills Good planning, organizational and prioritization skills Advanced analytical skills Proficient in Microsoft Office products