Implementation Data Specialist

Job details

Work Location

Atlanta, GA

State / Region / Province

Georgia

Country

USA

Domain

Delivery

Interest Group

Infosys McCamish

Company

Infosys McCamish

Requisition ID

142246BR

Job description

Associate Consultant - Implementation Data Specialist
Atlanta, GA

The role of Associate Consultant - Implementation Data Specialist is responsible for the participant data received from a prior service provider for Non-Qualified Deferred Compensation (NQDC) plans transitioning to our VPAS®BPA record keeping system. The Data Specialist works closely with our Implementation Specialist during the life cycle of a plan conversion. The key functions of the Data Specialist role are to review and evaluate participant data records for plan conversions, map the data to the appropriate plan structure, build the data load files for the participants and their corresponding elections, and partner with the Implementation Specialist to load the files to the newly converted plan. This role is involved in conversion calls with our client and the Plan Sponsor to better understand plan provisions.

Responsibilities:

• Review and decipher prior service provider's participant data for NQDC plans.
• Structure the data into categories based on Legal Plan Document (LPD) provisions, including current, grand-fathered, and amended LPD provisions.
• Building data load files based on the VPAS®BPA load schemas.
• Account for all corresponding participant elections.
• Outline and document all missing participant elections with detail.
• Document all outlying data or participant elections that do not conform to LPD, amendments, etc.
• Loading data files to the respective plan setup on VPAS®BPA.
• Resolve any data loading errors to ensure compliance with 409A.
• Perform quality checks and reconciliation between prior service provider's data and the data loaded to VPAS®BPA.
• Read, comprehend, and extract retirement plan provisions from the plan's Legal Plan Document.
• Partner with and attend weekly (or as scheduled) Underwriting calls with the client to discuss plan provisions for potential new business.
• Participate in the collaborative plan handoff meeting and explain how the data was parsed and loaded.
• Identify opportunities to streamline existing processes
• Provide consultative services/recommendations on best practices.
• Adhere to agreed-upon timeline to meet deadlines, while being flexible to changes to project timelines.
• Strong sense of ownership and accountability
• Meet client deliverable timeframes
• Adhere to Service Level Agreements as they pertain to Underwriting, Plan Implementations, and Plan Conversions .
• Self-Starter / Motivator

Qualifications:

Basic

• Bachelor's Degree or foreign equivalent required from an accredited institution. Will also consider three years of progressive experience in the specialty in lieu of every year of education.
• Minimum 6 years of experience related to the job description.

Preferred

• Three (3) to four (4) years of experience in the functional area of Implementation, underwriting, and data conversion for NQDC, 403(b), 457(f) and 457(b) plans.
• Two (2) to three (3) years of experience in a client-facing role.
• Three (3) years of experience with plan processing and administration, preferably NQDC and/or Defined Contribution plans.
• Strong written and verbal communication skills
• Strong analytical skills
• Excellent organizational and follow through skills
• High level of sensitivity to service and quality
• In-depth understanding of NQDC plan processing and administration under 409A.
• Must have a strong aptitude to learn the McCamish Systems VPAS®BPA recordkeeping system.

Note: Applicants for employment in the U.S. must possess work authorization which does not require sponsorship by the employer for a visa (H1B or otherwise).

About Us
Infosys McCamish Systems,(http://www.infosysbpm.com/mccamish) located in Atlanta, Georgia, is the Life Insurance and Retirement Services subsidiary of Infosys BPM Limited.(www.infosysbpm.com) Infosys McCamish was started in 1985 as a virtual insurance company and went to market as a commercial services provider in 1995.It has an outstanding business perspective and an exemplary track record that no other outsourcer of business solutions can claim - generating US$16 billion of recurring premium in less than five years as a virtual insurance company. Infosys McCamish has expert technology and outsourcing credentials, along with a proven business model for re-engineering systems and performing back-office services at a reduced cost, while reinforcing accuracy, speed and security. Seven of the top ten US insurers are among Infosys McCamish's many BPM clients. Infosys McCamish has its operations spread across Atlanta GA and Des Moines IA in USA.

U.S. citizens and those authorized to work in the U.S. are encouraged to apply. We are unable to sponsor at this time.

EOE/Minority/Female/Veteran/Disabled/Sexual Orientation/

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