Consultant, Retirement Benefits (*remote consideration)

Alternate Locations: Radnor, PA (Pennsylvania)

 Work Arrangement:

Hybrid/Flexible : Work at home and use the office as appropriate for in-person collaboration.

Relocation assistance: is not available for this opportunity.

Requisition #: 73349

The Role at a Glance

Responsible for providing efficient administration, implementation and maintenance of Lincoln Financial Group (LFG) benefits programs focusing on 401(k) and pension programs. This position will consult/analyze and deliver on complex assignments/projects for the assigned area(s) of responsibility. This position will also act as a resource to applicable internal/external stakeholders ensuring the programs meet employees’ needs and provide important governance, compliance and financial responsibilities related to the programs.

What you'll be doing

What you’ll be doing:

• Manage the daily administration and maintenance of LFG’s defined benefit and defined contribution retirement plans 
• Manage relationships between LFG, participants, consultants, trustee and vendors, as applicable
• Help ensure that retirement plans are administered according to plan provisions 
• Ensure benefits related compliance (e.g., ERISA, DOL, IRS, SEC) through the development, implementation, documentation and monitoring of compliance related matters
• Prepare and submit government required notices, reports, and forms (e.g. 5500s, SPDs, SARs, PBGC filings, etc.)
• Provide actuaries and auditors with information and reports for plan valuations and audits. Serve as the point contact for annual plan audits
• Ensure accurate recordkeeping. Develop and maintain various retirement plan reports and develop ad-hoc reports
• Initiate payments and redemptions within the Master Trust for invoicing and rebalancing purposes while maintaining accurate accounting records
• Partner closely with internal stakeholders including fiduciary committees, HR, Tax, Legal, Payroll, Finance and Information Technology
• Provide clear and effective counsel to employees, participants, retirees and management, in person and in writing, and answer questions timely regarding retirement programs and policies
• Develop communications and ensure they are up to date and regularly maintained
• Complete benefit surveys and provides management with the information obtained from the results

What we’re looking for

What we’re looking for:
Must haves: 

• 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) 
• 3-5 years of experience working with 401(k) & defined benefit plans and the vendors/trustees that support the plans 
• Understanding of regulations (ERISA, IRS & DOL) …