Restatement Analyst at Ascensus in St. Croix, Virgin Islands

Job Description:

FuturePlan is the nation's largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry's largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position SummaryResponsible for the successful implementation of initiatives designed to prepare FuturePlan for the upcoming Defined Contribution Cycle 3 restatement project. Restatement Specialists will experience a steady flow of diverse and engaging planning projects ranging from basic to challenging complexity. Restatement Specialists must demonstrate a keen understanding of the importance of the accurate, professional and timely delivery of each individualized planning project. Restatement Specialists must also demonstrate effective knowledge of ERISA, the Internal Revenue Code, associated regulations and relevant Revenue Procedures as they relate to Defined Contribution plans and the 6-year Defined Contribution restatement cycle.Section 2: Job Functions, Essential Duties and ResponsibilitiesAssist with the development of an automated mapping project between document platforms.
Test document platform software for mapping accuracy and create mapping manual for primary document platforms.
Participate in the development of Sponsor communications such as introduction to the FuturePlan restatement process, restatement election and change request forms, document delivery packages and associated follow-up notifications.
Develop communications to inform our internal clients (Consultants / Managers / Administrators) of the restatement strategy and process and create engagement in and connection to the project.
Create Consultant communication channels to efficiently intake prioritization, amendment, termination and client-specific requests.
Implement and test the processes and workflow designed by the DC Restatement Project Manager to ensure project readiness.
Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.

Supervision N/A

Section 3: Experience, Skills, Knowledge Requirements 5+ years defined contribution retirement plan administration
Consulting and/or document experience
Experience with Relius, ASC or FT William document platforms is a plus
Strong customer service skills
Ability to multi-task and manage several projects and deadlines

We are proud to be an Equal Opportunity Employer

At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for retirement, education, and healthcare through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity-housed within our Core Values: People Matter. Quality First. Integrity Always.
As a leading independent recordkeeping services partner, retirement plan third-party administrator, and government savings facilitator, we aim to hire associates who find pride in going to work every day knowing that they help more than 12 million people save for what matters.

Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ("Protected Status").