Senior Vice President, Workplace Solutions (529/ABLE plans)

Position Summary

The SVP, Workplace 529 & ABLE Solutions is responsible for defining and scaling a new employee benefit category by bringing 529 education savings and ABLE plans into the workplace. This role involves owning the end-to-end strategy, product development, and national distribution of these solutions.

Strategy

• Identify channels and potential channel partners, including 401(k) recordkeepers, payroll firms, benefits platforms, benefits consultants, financial wellness platforms, HR platforms, other
• Prioritize channels and build/execute on a business development approach
• Partner with Ascensus Government Relations team and industry groups to drive towards tax benefits for employer 529/ABLE contributions

Product

• Partner with Product and UX to develop a product strategy, to include new employer and employee capabilities
• Define employee education capabilities that should be a part of the offering
• Define product servicing requirements, including employer servicing
• Define operational requirements

Relationship Management

• Identify top partners/clients; establish and maintain relationships
• Partner with 529 and ABLE relationship management team to drive communication and buy-in from clients and partners

Operational Support

• Design organizational structure to support this new solution

P&L

• Define product pricing strategy
• Own P&L for workplace solutions implementations

Supervision

• This role is an individual contributor role
• Responsibilities will include designing the operational model for 529/ABLE workplace solutions, including organizational design

Requirements

• Minimum of 15 years’ experience in financial services management
• Deep understanding of the workplace benefits space, including retirement
• Understanding of 529 and ABLE products
• Institutional relational management experience in financial services
• Demonstrated ability to drive a new offering in a way that motivates a diverse group of leaders and associates to engage and participate in the vision and direction
• Proven leadership, strategic planning, and decision-making skills
• Proven organizational, time management, and communication skills
• Sound judgement and discretion
• Must have the ability to: Set clear goals, expectations, and objectives.

Benefits

The national average salary range for this role is $200,000 - $250,000 in base pay, exclusive of any bonuses and benefits. This base salary range represents the low and high end of the salary range for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits