Retirement Plan Termination Specialist
Found in: Talent US C2 - 2 weeks ago
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 – Retirement Plan Termination Specialist
Location: Remote
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 Retirement Plan Services group is responsible for multiple tasks pertaining to abandoned retirement plans and plan terminations. The Plan Termination Specialist coordinates activities and manages relationships with all retirement 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 retirement 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 (insurance, banking, estate settlement) 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.
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.
#LI-JS1Remote
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.
Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions.NY: Salary range for the position: 55000 USD to 65000 USD.-
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