Defined Contribution Plans Senior Analyst

Job Description

The Role

You will contribute as part of a team to the range of BAC services and projects focusing primarily on defined contribution (DC) plans. You will work with all levels of consultants as well as interface with clients to answer questions, resolve issues and complete projects. 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 BAC resources on project delivery. The projects related to Defined Contribution retirement plan compliance, vendor management, fiduciary management and plan design include:

• Perform DC fee benchmarking Support for RFPs

• Prepare materials for Fiduciary training

• Assist with DC operational reviews

• Assist with vendor implementations and ongoing vendor management

• Complete necessary plan and financial schedules

• Become a technical resource to clients and client teams

• Respond to queries from consultants and clients with respect to plan provisions and resolve/escalate any problems or issues

• Draft plan amendments and summary plan descriptions, and review employee communications

• Assist with compliance corrections

• Build relationships internally and collaborate effectively on cross-functional teams

• Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels

• Deliver work in accordance to project deadlines

• Deliver on projects to meet or exceed client expectations

• Increase efficiency within client teams by identifying ways to improve processes