Compliance Analyst, Specialization
About The Position
Compliance position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants. FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.
Requirements
- Bachelor’s degree preferred
- 3 – 5 years of prior ERISA experience in the retirement industry preferred
- 3 - 5 years of experience in analysis of financial data required
- Strong Word, Excel, and Outlook skills
- Strong written and oral communication skills
- Strong analytical and problem solving skills
- Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters
- Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements
Nice To Haves
- QKA designation preferred
- Involvement or work towards associates QPA designation preferred
- Prior experience with plan administration software, i.e. Relius
Responsibilities
- Ability to successfully complete and support the work outlined for the Compliance Associate roles
- Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations.
- Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information
- Supports DOL, IRS, and Large plan audits
- Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans
- Is responsible for plan administration, compliance and testing for identified blocks of business
- Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines
- Prepares annual valuation and compliance reports for Clients
- Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents
- Supports and completes assigned quality assurance reviews
- Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
- Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.
- Assist with other tasks and projects as assigned
Benefits
- Collaborative, idea-sharing environment
- Professional Development with in-house training and tuition reimbursement
- Generous reward programs
- Paid time off
- Medical, dental & vision benefits
- Health Savings Account with employer contribution up to $1,100
- 401(k) & 529 college savings match programs
- Volunteer and charitable-giving programs
- Business casual dress
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
