ERISA Consultant

Ascensus•Lake Mary, FL

About The Position

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. Position Summary Primary responsibilities include providing correction services to Ascensus and FuturePlan clients through IRS and DOL correction programs, completing Microsoft Excel calculations for clients, audit and deliver correction packets for clients, providing in-house and external consulting to clients, technical research, analysis and special projects as assigned.

Requirements

Microsoft Excel proficiencies
Knowledge with core code logic and system architecture for BOT tool creations and enhancements (e.g., tool to run DOL calculator instead of manual entry)
Knowledge of both Ascensus and FuturePlan internal tools and programs (e.g., ARK, Salesforce, AXIS)
Intermediate proficiency in Outlook and MS Office software applications, specifically Excel, Word, Power Point, Teams.
Excellent client service skills
Excellent interpersonal skills
Professional demeanor and positive attitude
Strong organizational and time management skills
Ability to accomplish detail-oriented tasks within given timeframes and standards.
Ability to prioritize and complete multiple tasks.
Excellent analytical and problem-solving skills.
Sound business judgment and risk-taking skills
Strong written and oral communication skills
Strong seminar training and presentation skills.

Nice To Haves

ASPPA designations preferred
CPA, MBA, JD or PMP
Ascensus experience or industry experience

Responsibilities

Provide consulting services to internal and external clients on technical corrections issues, IRS and DOL guidance, and internal processes and procedures.
Proactively adopt, protect and boldly embrace emerging technologies (AI, automation, etc.), platforms, and evolving practices that accelerate transformational growth and advance Ascensus’ mission and client commitments.
Conduct correction presentations for Client Services training, tailored towards the Plan Services Group and FuturePlan.
Conduct internal basic technical training.
Review, audit, and update existing basic and intermediate internal or external training procedures related to IRS and DOL corrections.
Demonstrate a functional knowledge of Ascensus documents.
Demonstrate a functional knowledge of Ascensus plan forms and notices.
Demonstrate functional knowledge of policies and procedures.
Independently perform fee-for-service correction engagements.
Assist with advanced fee-for service correction consultations.
Participate in special projects.
Complete basic technical research projects and present the findings (e.g., correction Revenue Procedure updates, Voluntary Fiduciary Correction Program amendments, and Prohibited Transaction Exemption 2002-51 amendments).
Write correction articles, update correction ERISA policy statements, and update ERISA education research forms as needed.
Analyze and interpret general legislative, statutory, regulatory, or case law guidance.
Determine the impact general legislative, statutory, regulatory, or case law guidance has on the correction industry and/or on Ascensus correction products, services, and systems.
Demonstrate a functional knowledge of main plans and products and how they will affect correction process, procedures, calculations, and forms.
Demonstrate basic knowledge of the retirement plans industry including the applicable regulatory agencies (e.g., DOL, IRS).
Enhance technical and industry knowledge by attending continuing education classes.
Meet department service level standards.
Perform other duties and projects as assigned.
Successfully complete ASPPA exams applicable to the area of Technical Expertise