Retirement Plan Manager- Remote Job
4 days ago
Avenel
Job Description BCforward is currently seeking a highly motivated Retirement Plan Manager– Remote Job opportunity for Remote Job! Job Title Retirement Plan Manager– Remote Job Location New York and New Jersey - Remote Duration 6 months contract "Job Description: Manage relationships with plan providers, consultants, and third-party administrators to ensure value and service excellence. Manage assigned vendor contract renewals, RFPs and strategy as applicable Analyze plan utilization, participant data, and market trends to recommend program changes and enhancements that align with best practices and evolving business needs. Implement approved plan changes through strong project planning and collaboration with multiple stakeholders (e.g., Tier 1, Payroll, HRIS, HR Business Partners) to meet scheduled deadlines and budget requirements. Lead annual plan reviews, testing, audits, and updates. Conduct reporting and analyses needed to support ongoing processes, compliance tasks, billing submissions, enrollment and deduction audits, census data requests, enrollment migration/patterns, utilization, survey requests, financial forecasting, and strategy and design decisions. Support internal and external reporting requirements Oversee all retirement plan-related administrative processes including ensuring benefits program terms and conditions are in sync with the related programming in both internal and external vendor systems and related file specifications. Collaborate with HR, finance, and legal teams to ensure administration is compliant with plan documentation and regulatory requirements (e.g., SPDs, required filings and notices, contracts, requirements documents, and other plan information). Oversee development and implementation of associate communications to improve associate engagement and understanding of retirement benefits. Serve as the company's benefits subject matter expert in order to answer associate, internal partner and vendor inquiries and escalations Provide support and assistance with M&A due diligence and partner on integration of new groups into the company's benefits programs Key projects for this assignment include: implementation of annual match and basic contribution, implementation of Roth catch-up, and post go-live support related to retirement plan for implementation of new payroll system and pay frequencies. Qualifications: Bachelor's degree in related field 5+ years of progressive benefits experience, must have demonstrated experience with retirement benefits (qualified and non-qualified retirement plan experience) Demonstrated exceptional financial, analytical, quantitative analysis, with strong attention to detail and proficiency in reporting tools and excel Proven track record of strong organization and project management skills, and ability to multi-task leading multiple complex, cross-functional initiatives concurrently. Experience with data analytics, benchmarking, plan design, and vendor management Strong knowledge of ERISA, IRS, DOL and other legal requirements related to administration and an ability to interpret and apply these for compliance and plan administration. Excellent problem-solving skills and judgment, such as knowing when to escalate an issue Exceptional interpersonal and customer service skills, comfortable communicating with senior management as well as the ability to convey benefits information to associates in an easy-to-understand manner Advanced presentation and written communication skills Highly motivated self-starter, with proven ability to prioritize and effectively work both independently as well as collaborate as part of a cross-functional team in a hybrid environment Experience working with benefits administration platforms and systems. Experience with Workday HRIS, ADP Payroll (EV5 and Globalview), and Servicenow a plus High level of discretion with confidential material." Company DescriptionAbout BCforward: Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally. BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class places to work. BCforward is an equal opportunity employer.About BCforward:\r\n\r\nFounded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.\r\n\r\nBCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class places to work.\r\n\r\nBCforward is an equal opportunity employer.