Defined Contribution Plans Consultant
Minneapolis, Minnesota, United States
Defined Contribution Plans Consultant
- 202508817
- Minneapolis, Minnesota, United States
Description
Our Retirement team combines expertise in retirement, actuarial, compliance and administration consulting to support global organizations worldwide in designing, managing, administering, and communicating all types of retirement plans. Whether a client has a defined benefit pension, and/or a defined contribution plan, we collaborate with the organization to determine the right approach to design, funding, investing, governing, compliance, administration and employee engagement that fits their specific goals.
You will contribute to our national project delivery team and make a valuable difference every day to our high-profile client organizations focusing primarily on defined contribution plans. One of the fastest growing areas of our retirement business is assisting clients with various special projects requiring defined contribution expertise. You will have the opportunity to significantly enhance your knowledge of all aspects of benefit plan compliance, design and operation, employ the most cutting-edge tools and resources and work with some of the world’s experts in retirement plan design and management and interact with a national group of colleagues on project delivery.
Defined Contribution Plans Consultant
In this role you will be responsible for, leading and delivering large, strategic Defined Contribution client engagements, supporting new business and serving as project lead to clients concerning their Defined Contribution programs’ effectiveness and broader retirement plan issues.
Be a subject matter expert and engagement lead in the delivery of DC retirement plan compliance, administration and governance, including vendor management, fiduciary management and plan design
Lead fee benchmarking and vendor search RFPs
Coordinate with sales and lead relationship managers to identify, develop and support strategic sales opportunities
Build relationships with internal and external sources to maximize the penetration of key target accounts
Identify opportunities to cross-sell new products and services
Finalize and present quality deliverables to clients
Establish a trusted advisor role with clients and provide consistent, superior relationship management
Build leveraged teams that work effectively together
Develop plans for delivery of large, global engagements
Ensure project managers are maintaining team progress against established budget, timeline and quality standards (while you have overall responsibility, consultant level staff typically serve as day-to-day project managers)
Serve as a subject matter expert on client assignments
Perform technical review of work products
Contribute to the development of new tools and approaches related to DC consulting
Oversee analysts and consultants in the delivery of DC, compliance and governance projects
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Qualifications
The Requirements
Undergraduate degree required; Certification (ASPPA, CEBS) or other designations for practical experience is a plus but not required
15+ years of proven experience and demonstrated success in defined contribution consulting, including vendor management, plan design, compliance and administration gained in a human resources consulting, benefits outsourcing, investment advisory, recordkeeper or defined contribution asset management company.
401(k) plan and/or 403(b) experience, along with deep knowledge of IRC, ERISA and other relevant laws and regulations affecting employee benefit plans
Pooled Employer Plan (PEP) would be considered
Broad understanding of human capital strategy and the ability to contribute to cross-practice client engagements
Proven experience successfully working on multiple projects and producing quality deliverables on time
Track record of success in managing large client relationships and leading global teams
Experience in managing multiple people and projects and producing quality deliverables on time and within budget
Proven ability to recognize and diagnose issues, work in teams, and leverage the resources of other related practices to address client challenges
An executive presence with polished and well developed written and oral communication skills
Superior ability to influence and collaborate with senior management and work across all levels of an organization
Excellent Microsoft Excel and PowerPoint skills
Ability to work with remote teams and travel as needed
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $110,000 to $205,000 USD per year.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
EOE, including disability/vets
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
Autres emplois consultés
Contact non sollicité
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Nos bureaux
Nos collègues sont présents dans plus de 140 pays : de Mumbai à Londres, en passant par Manille et New York, du Moyen-Orient à l’Amérique latine. Grâce à notre présence internationale, tout ce que nous accomplissons prend une dimension mondiale et crée des occasions de collaboration et de croissance pour vous. Parcourez la carte ci-dessous pour voir jusqu’où votre carrière pourrait vous mener.