ERISA Technical Consultant

Voya Financial

133d • $75,830 - $126,390

About The Position

The ERISA Technical Consultant will provide technical training and support to members of Voya’s ERISA Services Team that provides full service compliance testing and 5500 reporting for 401(k), 403(b), and Profit Sharing Plans. This position will take a lead role on enhancement and/or development of systems, procedures and controls to expand Voya’s existing service offerings. Please Note: This position allows remote work from home but will require travel to our Voya office as business requires. Candidates must be located within a 50-mile radius from your assigned office.

Requirements

• 8-10 years industry experience, with 5-7 years’ experience in an ERISA compliance setting is desired.
• Knowledge of ERISA and applicable IRS Code is required.
• Knowledge of Actuarial Systems Corporation Administration (ASC) or equivalent testing software is a must.
• Knowledge of Microsoft Excel, Word and PowerPoint.
• Exceptional oral and written communication skills with ability to interact with senior managers required.
• Ability to multitask, prioritize and problem solve independently.

Nice To Haves

• Bachelor’s degree in Business Administration or related work experience in ERISA compliance.
• Industry designation is strongly preferred (SPARK, NIPA, ASPPA, CEBS, ERPA).

Responsibilities

• Provide technical support to a team of professionals conducting compliance services for Profit Sharing, 401(k) and 403(b) plans.
• Help develop and implement process, procedures and controls to enhance Voya’s existing standard compliance testing and Form 5500 service enhancements.
• Perform compliance testing including with a strong focus on 410(b) (ratio percentage test/average benefit), 414(s) testing, 401(a)(4), and Rights Benefits and Features.
• Calculate employer contributions for Safe Harbor and New Comparability plans.
• Provide consulting and plan design assistance to relationship management, plan management and clients.
• Work and gain knowledge of Voya’s recordkeeping system and valuation reports.
• Other duties as assigned.

Benefits

• Health, dental, vision and life insurance plans.
• 401(k) Savings plan – with generous company matching contributions (up to 6%).
• Voya Retirement Plan – employer paid cash balance retirement plan (4%).
• Tuition reimbursement up to $5,250/year.
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree