Retirement Plan Associate
About The Position
Our financial services include employer-based benefits like retirement planning so employers can help their people plan for a comfortable life after they stop working. We also provide personalized financial planning and investment services to help families succeed in every stage of life. This role will assist with the preparation of quarterly investment management documentation, learn and apply fee analysis and benchmarking practices, develop basic plan review meeting materials, track key dates and events for clients and advisors, and assist with plan amendments and recordkeeper fund changes. The associate will also review retirement plan invoices, update fee and service agreements, support new business and lost business processes, provide general support to advisors and clients, compile basic fund line-up proposals, assist with communication related to fund or plan changes, schedule and follow up on client meetings, participate in RFP due diligence research, assist with planning and scheduling participant education sessions, conduct research and develop basic communication materials for participant education, learn and manage reminders for fiduciary and financial academy opportunities, and update Salesforce data. The role requires managing personal productivity in Salesforce and contributing to team success, as well as supporting the implementation of Workplace to Wealth strategies.
Requirements
- Emerging understanding of ERISA regulations and fiduciary best practices in the retirement plan industry.
- Demonstrated capacity to build and document processes and procedures.
- Excellent communication, presentation, and interpersonal skills.
- Experience with data analysis and reporting tools.
- Demonstrated ability to manage multiple tasks and projects effectively.
- Proactive and results-oriented approach to client service and business development.
- Proficiency with Microsoft Office Suite (Word, Excel, and PowerPoint).
- Ability to adapt to a rapidly changing business and technology environment.
- Continual learner mentality, able to adopt new solutions and help respond to the impact of new systems.
- Must be able to maintain confidentiality of highly sensitive client information, including personnel and financial data.
- Regular and predictable attendance is required.
- Business travel up to 25%.
Responsibilities
- Assist with the preparation of quarterly investment management documentation under the guidance of senior team members.
- Learn and apply fee analysis and benchmarking practices to contribute to optimized plan plan performance.
- Develop basic plan review meeting materials to support client communication, collaborating with senior colleagues.
- Track key dates and events for clients and advisors, including fund changes, notices, 5500 filings, and compliance deadlines, with guidance from the team.
- Assist with plan amendments and recordkeeper fund changes under supervision.
- Review retirement plan invoices for accuracy and learn the approval process.
- Update fee and service agreements for plan sponsors under the guidance of senior associates.
- Support new business and lost business processes by assisting with data entry and ensuring accurate submission and monitoring.
- Provide general support to advisors and clients by resolving basic administrative issues and directing complex inquiries to senior team members.
- Compile basic fund line-up proposals for clients, considering investment options and fees under the guidance of senior staff.
- Assist with communication related to fund or plan changes, keeping clients and advisors informed.
- Schedule and follow up on client meetings under supervision to ensure effective communication.
- Participate in RFP due diligence research tasks under the guidance of senior colleagues.
- Assist with planning and scheduling participant education sessions, including enrollment meetings.
- Conduct research and develop basic communication materials to promote participant education initiatives, collaborating with the team.
- Learn and manage reminders to clients regarding fiduciary and financial academy opportunities.
- Update Salesforce data related to plan design, contacts, and marketing distribution with oversight from the team.
- Manage personal productivity in Salesforce and contribute to team success.
- Support the implementation of Workplace to Wealth strategies, working with the team.
Benefits
- health, wellbeing, retirement, and other financial benefits
- paid time off
- overtime pay for non-exempt employees
- robust learning and development programs
- reimbursement of job-related expenses
- employee perks and discounts
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
