Client Retirement Plans Analyst Specialist
US MD Virtual (non-BAL)
Job Description
About the role
Creates, writes, and maintains databases that contain a library of federal law compliant benefit plan language used by FIS clients to create and administer their retirement compensation employee benefits plans.
What you will be doing
• Creates and maintains employee benefits language databases for plans, e.g., 401(k), profit sharing, money purchase plans for clients, e.g., prototype plans, volume submitter plans, in compliance with current IRS plan requirements, reflecting current IRS as well as DOL required language.
• Submits employee benefit plans to IRS on client’s behalf and ensures timely and accurately filing.
• Ensures client’s elective provisions and options are accurately selected in system screen entry.
• Ensures IRS submission package, summary plan descriptions, administrative forms, and plan administrator guides accurately reflect client’s plan.
• Works with consultants, attorneys, technical writers, and clients to create and maintain employee benefits language databases.
• Works with consultants and attorneys to define language and system functionality to meet client and product needs.
• Analyzes and determines language changes. Verifies changes are documented in mark-ups.
• Creates and modifies IRS employee benefit language development project timetables and schedules.
• Maintains language manual, checklists, and compares files for each product.
• Plans, schedules, and coordinates design and development of employee benefit plan language database systems.
• Creates and maintains employee benefits language databases using Relius Documents Pro authoring tool.
• Monitors development, testing and implementation of language releases.
• Troubleshoots language database issues and escalates as appropriate for technical support.
• Other related duties assigned as needed.
What you bring
Bachelor’s degree in business administration or equivalent combination of education and related experience.
What we offer you:
As part of FIS, we expect you to bring your best every day. That’s why we’ll reward you with exceptional benefits that include:
Ample development resources to help advance your skill
Opportunities to face the biggest challenges in financial services and technology
The time to give back to local charities in your community.
A collegial environment where collaboration, flexibility and respect are top of mind.
Added Bonus
• Demonstrated understanding of U.S. retirement plans requirements
• Experienced reading and understanding legal documents relating to employee benefits plans
• Strong computer skills with working knowledge of Microsoft Office applications
• Working knowledge of language logic coding utilizing proprietary database development software (Relius Documents Pro) and implement and create language releases on database files.
• …
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Tasks- Communication
- Ensure compliance with regulations
- Testing
- Troubleshoot database issues
Analytical Coding Collaboration Communication Compliance Computer Database Development Database Management Databases Design Employee Benefits Financial Services Legal Microsoft Microsoft Office Problem-solving Regulations Security Software Technical Technology Testing Training Verbal communication Written and verbal communication
Experience3 years
EducationBachelor's degree Business Business Administration Education Equivalent combination of education Training