Relationship Manager

World Insurance Associates, LLC.

6d • Remote

About The Position

World Investment Advisors, LLC is looking for an experienced Relationship Manager to join our team. The primary responsibility of the Relationship Manager is to oversee and provide advisory services to assigned Retirement Plan Clients. Relationship Managers are measured based on their ability to maintain a high level of client satisfaction and retention. Services provided include fiduciary and non-fiduciary services based on the Retirement Plan Advisory Agreement for each client. Service includes but not limited to; Investment Advisory Services [Fiduciary], assistance with Plan Governance and committee education, assistance with Plan Fiduciaries vendor management (Service Provider Selection/Review), Investment education for Plan fiduciaries, and Employee education and communication.

Requirements

• Bachelor's Degree from accredited university preferred, but not required
• At least 3 years’ experience in the Retirement Plan industry is required.
• Proven verbal, written communication and interpersonal skills.
• Superb computer skills, including facility with Microsoft Office Suite (Word, PowerPoint, Excel, etc.).
• Detail oriented, organized, and able to multitask.
• Comfortable working with all levels of management
• Series 65 or 66 (or ability to obtain once hired)

Nice To Haves

• Previous experience as a Relationship Manager is preferred.

Responsibilities

• Assistance with Plan Governance and Committee education
• Determining Plan Objectives and Options Available Through the Plan
• Reviewing Retirement Plan Committee Structure and Requirements
• Reviewing Participant Education and Communication Strategy, Including ERISA 404(c) Requirements
• Coordinating and Reconciling Participant Disclosures under ERISA Rule 404(a)
• Developing Requirements for Responding to Participant Requests for Additional Information
• Developing and Maintaining a Fiduciary Audit File
• Attending Periodic Meetings with Plan Committee (Upon Request by Plan Sponsor)
• Assistance with Plan Fiduciaries’ Vendor Management (Service Provider Selection/Review)
• Reviewing Fees and Services and Identifying Procedures to Track the Receipt and Evaluation of ERISA 408(b)(2) Disclosures
• Providing Periodic Benchmarking of Fees and Services to Assist Review for Reasonableness
• Reviewing ERISA Spending Accounts or Plan Expense Recapture Accounts (PERAs)
• Generating and Evaluating Service Provider Requests for Proposals (RFPs) and/or Requests for Information (RFIs)
• Support with Contract Negotiations
• Service Provider Transition and/or Plan Conversion
• Investment Education for Plan Fiduciaries
• Investment Policy Statements
• Assessment of Overall Investment Structure of Plan (i.e., types and number of asset classes, model portfolios, etc.)
• Review of the Plan’s Investment Options
• Review of Qualified Designated Investment Alternatives (QDIA)
• Search and Review of Investment Managers
• Employee Investment Education and Communication
• Providing Group Enrollment and Investment Education Meetings
• Supporting Individual Participant Questions
• Providing Periodic Updates, Upon Request or Newsletter
• Assisting Participants with Retirement Readiness
• Providing Fee Specific Education and Communicate the Plan’s Requirements for Requesting Additional Information about Plan Fees and Expenses

Benefits

• 401(k) with Employer Match
• Health Insurance (with HSA option)
• Dental Insurance
• Vision Insurance
• Life Insurance
• Flexible Paid Time Off Policy
• Flexible Spending Account (FSA)
• Healthy Work/Life Balance
• Paid Parental Leave
• Remote Work Opportunity

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level