ERISA Consultant

Responsibilities

• Communicate with new clients, analyze existing plan documentation to identify plan provisions, features, and benefits.
• Identify any issues with plan documentation that could lead to plan qualification issues and address with client.
• Create new plan documents and client account agreements as applicable for new business clients including all ancillary service schedules.
• Maintain plan documents for assigned clients for any legislative or regulatory changes, as necessary.
• Create and maintain any client requested plan document or service agreement amendments.
• Identify, research, and communicate any regulatory compliance issues for assigned clients based upon understanding of applicable laws and regulations.
• Consult with the various business groups including client service, operations, and new business, about ERISA issues that affect their individual job functions.
• Works on projects designed to ensure ERISA compliance for new processes, products, procedures, and regulatory changes.
• Research and resolve ERISA questions from internal clients through the various ERISA Mailboxes for pooled client base.

Requirements

• 3-5 years working with in the financial industry and with 401K plans specifically.
• Willingness to work overtime hours during peak seasons.
• A college degree is great but not required.

Bonus Qualifications

• Understanding of ERISA Law and related regulatory guidance from IRS/DOL
• Understanding of Recordkeeping requirements for qualified plans
• Understanding of plan document requirements
• Ability to analyze complex issues and identify solutions