DB Project Manager

Description

The Defined Benefit Project Manager for Special Projects is responsible for the general oversight and project management of defined benefit administration special project work related to plan termination, lump sum window, and other de-risking projects for the Employee Benefits Administration and Consulting (EBAC) Practice. As a special projects manager, the Defined Benefit – Project Manager works under general supervision of the Systems Team Director and exercises a great deal of initiative and independent judgment in the performance of all assigned tasks and projects. In this role, both technical and project management skills are utilized. This is a client-facing role. Some travel is required.

Milliman’s management has a history of rewarding performance and views this position as a vital piece of its ongoing strategy to solidify and grow long-term client relationships. This position offers the opportunity to work as a business manager along with high visibility and unlimited career potential.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

What You Will Do

• Coordinate all aspects of assigned work for the EBAC Practice defined benefit special projects from sales transition to execution of all required notices and election kits based upon assigned projects; includes project management and conducting weekly status meetings with clients.
• Coordinate various teams including systems updates, call center support and processing team for payment setup utilizing Milliman’s proprietary defined benefit administration system.
• Manage overall scope of work of assigned project work and identify where the request for additional services may be outside of the initial definition of the project.
• Initiate and participate in Practice quality improvement initiatives, identify opportunities for improvement and document procedures.
• Assist in the development and review of standard plan termination notices including NOIT, NTIP, NOAI and NOPB and lump sum window election kits.

Who We Are Looking For

Required Experience and Skills

• 5 + years of Defined Benefit (DB) administration and de-risking project management, including plan terminations and lump sum windows.
• 5 + years of project management experience.
• Knowledge of all regulatory sides of defined benefit plan termination process including IRS and PGBC regulatory requirements and timing.
• Must have strong organizational skills and the ability to effectively manage and track numerous tasks, issues, and projects at one time.
• Must have the ability to effectively manage project scope and client expectations while providing a high level of customer service and satisfaction.
• Must have the ability to accomplish tasks through others in an environment with no reporting relationship.
• Must have a solid understanding of the defined benefit outsourcing market and product.
• Proficient in the use of Microsoft Windows, Office (Word, Excel and Power Point). Experience with Microsoft Access and/or SQL Server a plus.

Preferred Qualifications

• CPC, QKA, PMP, or QPA

Personal Qualifications

• Works well within a team environment and takes ownership of personal work product.
• Proficiency in the use of computers and other general office equipment.
• Proficiency in Microsoft Office Suite.
• Attention to detail.
• Excellent problem-solving skills.
• Strong communication skills (both written and verbal).
• Able to productively respond to change.
• Excellent organization and time management skills.

Location

This role is based out of the Milliman office in Dallas, TX, but candidates hired into this role may work remotely anywhere in the US.

Compensation

The salary range for this role is $87,000 to $177,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

Benefits

At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit-sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Pay Transparency

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

The expected application deadline for this job is March 31, 2025.

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