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Retirement Plan Termination Specialist

2 months ago

Dublin, United States SS&C Full time

SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

Job Description

Title: Retirement Plan Services Group - Plan Termination Specialist

Location: Kansas City, MO, Braintree, MA, or Dublin, OH

Get To Know the Team

SS&C Retirement Solutions is a market-leading provider of technology, retirement recordkeeping and outsourcing solutions. As the third-largest provider of retirement services, we have over 250 institutional clients that use our platforms and services to participate in the defined contribution, IRA, and retirement income markets. SS&C Retirement Solutions aspires to be the partner of choice for the industry's leading retirement plan providers by offering tailored solutions that help drive providers' vision, reinforce their value proposition, and support their strategic goals.

The Plan Services group is responsible for multiple tasks pertaining to abandoned plans and plan terminations. The Plan Termination Specialist coordinates activities and manages relationships with all Plan stakeholders as well as the Department of Labor (DOL). Specialists maintain a project plan and document each task with target dates, highlighting significant milestones, and monitoring the timeline to avoid risk; while managing client and/or plan sponsor expectations. Specialists coordinate the liquidation of participant assets once a plan is declared abandoned by the DOL, works with the Escheatment area when necessary, and updates plan settings when the plan termination is complete.

Why You'll Love It At SS&C

  • Flexibility: Hybrid Work Model & Business Casual Dress Code, including jeans
  • Your Future: Generous 401(k) Matching Program, Tuition & Professional Development Reimbursement Opportunities.
  • Work/Life Balance: Unlimited Personal & Vacation Time Off, Sick Leave Policy, Paid Company Holidays
  • Your Well-being: Medical, Dental, Vision, Life Insurance, Short & Long-Term Disability, Global Employee Assistance, Parental Leave, and more
  • Diversity & Inclusion: Committed to Being an Organization that Welcomes, Celebrates, and Thrives on Diversity
  • Training: Hands-On and Customized by your Team, including Technical and E-Learning Resources
  • Extra Perks: Discounts on fitness memberships, cell provider, childcare, travel, and more

What You Will Get To Do:

  • Lead small projects to ensure terminated and abandoned plans are properly closed
  • Work collaboratively with management and internal teams to scope projects and schedule tasks
  • Provide premier service to retirement plan institutional clients as well as plan sponsors, advisors, and TPAs
  • Document Plan Termination and Abandoned Plan project requirements, notes, and other critical information to be shared with relevant business units
  • Establish effective communications and change management activities for plan sponsors

What You Will Bring:

  • Bachelor's degree or 2-5 years of experience in financial services or similar environment and 1-2 years project management
  • Knowledge of retirement plan industry is preferred
  • Excellent verbal and written communication skills
  • Research, analytical and problem resolution skills
  • Demonstrated project management experience
  • Strong attention to detail with the ability to organize, plan, and prioritize to meet deadlines
  • Able to work in the local office 6 days per month.

Thank you for your interest in SS&C To further explore this opportunity, please apply through our careers page on the corporate website at www.ssctech.com/careers.

#JS Hybrid - Kansas City, MO, Braintree, MA, or Dublin, OH

Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services. SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan. SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.

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