Senior Document Ops Plan Specialist
Full Time
Administration
United States
Review and analyze retirement plan documents. Prepares and manages plan and funding documents for 401(a), 401(k), 403(b), 457, and NQDC plans.
Responsibilities
Qualifications
Preferred Qualifications
Working Conditions
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
- Prepare plan documents, summary plan descriptions, amendments and funding documents for new and existing clients; verify accrued benefits are protected, system issues identified and documents are congruent with system setup.
- Consult with clients, client counsel, advisors, Client Management and Client Transition/Installation Services, and other operational areas regarding complex plan design changes, business risks and other issues to accommodate client goals and objectives.
- Consult with outside counsel or senior management regarding requested contract and service agreement changes.
- Research specific client plan design/compliance situations as assigned; assist with complex, high level escalations.
- Review, analyze and consult on plan mergers and spin-offs to ensure accrued benefits are protected; identify potential system conflicts.
- Develop plan filing packages for IRS determination letters.
- Assist with plan terminations by assessing status of terminated/abandoned plans; develop and implement project plan, prepare plan termination resolutions, amendments and filing packages for submission to regulatory authorities.
- May mentor and provide assistance to lower level staff.
Qualifications
- Bachelor’s degree in a business-related field or equivalent education/experience.
- Five years of pension/retirement plan experience.
- In-depth knowledge of retirement plan regulations and plan documents.
- Strong customer focus, communication and interpersonal skills to build relationships and convey plan design details.
- Analytical skills and attention to detail.
- Decision-making and problem-solving skills to resolve complex plan issues.
- Organizational skills.
- Proficiency using MS Office tools.
Preferred Qualifications
- Knowledge of Transamerica products and administrative capabilities.
Working Conditions
- Office Environment
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.