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Regulatory Consulting Associate

Milliman

in Telecommute / Dallas TX

Logo for Milliman

The Regulatory Consulting Associate has primary responsibility for preparation of plan documents, plan amendments, resolutions, SPDs, SMMs and certain IRS / DOL filings. Works under general supervision of Principal & Senior Regulatory Compliance Consultant and exercises initiative and independent judgment in tasks performed.

RESPONSIBILITIES OF THE POSITION:

  • Prepares Plan documents, amendments, resolutions, policies and procedures.
  • Prepares certain IRS / DOL filings.
  • Prepares SPDs and SMMs.
  • Prepares required IRS / DOL participant notices.
  • Plan corrections under IRS / DOL voluntary correction / compliance programs (EPCRS, DFVC, VFC).
  • Reviews powers of attorney to verify named party’s ability to act on participant’s behalf.
  • Research and consulting on legislative, regulatory and compliance items.
  • Maintains a general working knowledge of ERISA rules applicable to employee retirement plans.
  • Prepares other documentation, reports, etc. as assigned.
  • Observes Milliman’s formal peer review policy.

REQUIRED EXPERIENCE AND SKILLS:

  • Experienced ERISA Paralegal preferred. Equivalent experience will be considered.
  • Professional designation in area of expertise preferred (e.g., ASPPA QPA and/or CPC).
  • Proven ability to understand technical issues associated with qualified, nonqualified, 403(b) and 457(b) retirement plans.
  • Expertise in IRS and DOL regulations that govern employer-sponsored retirement plans.
  • Hands-on expertise in preparation of plan documents, plan amendments, resolutions, SPDs, SMMs, policies / procedures, required notices and IRS determination letter filings.
  • Strong experience with volume submitter and / or individually designed plan documents is a must.
  • Must possess strong problem solving skills.
  • Experience with FIS Relius (both Corbel and PPD) documents is a plus.
  • Must be dependable, well-organized and able to work efficiently and independently.
  • Ability to handle multiple projects and deadlines.
  • Strict adherence to assigned deadlines is a must.
  • Proven ability to work in a team environment.
  • Must possess working knowledge of Microsoft Excel and Word and have an aptitude for learning additional software applications.
  • Willingness to work overtime as workload dictates.

PERSONAL CHARACTERISTICS

Must demonstrate Milliman’s core values which include:

  • Integrity - Must be honest, fair, active listener, open communicator and accountable.
  • Teamwork - Work cooperatively and treat clients and coworkers with respect and dignity while valuing individual differences, encouraging new ideas and sharing information.
  • Commitment to excellence - Demonstrate commitment to being creative, innovative, flexible and adaptable, focusing on quality solutions, continually improving and being a winner.

COMPENSATION

A competitive base salary, plus a performance-based bonus tied to personal and overall business performance. The firm offers an outstanding and comprehensive benefits package:

  • Medical, dental and vision coverage for employees and their families, including eligible domestic partners.
  • A 401(k) plan with matching program
  • Paid Parental Leave up to 12 weeks
  • Profit sharing as a discretionary contribution to employees’ retirement accounts
  • Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason.
  • Adoption assistance
  • Milliman covers 100% of the premiums for life insurance, AD&D, and both short term and long term disability coverage
  • Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation and applicable medical needs

ABOUT MILLIMAN

Milliman employs more than 3,500 people working in employee benefits, healthcare, life insurance/financial services, and property and casualty insurance. For more than 70 years, the firm has quietly earned a reputation for exceptional services, innovation and quality. Today Milliman is one of the nation’s most highly regarded providers of retirement plan services to the full spectrum of business, financial, government and union organizations.

HIRING PRACTICES

Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law. Should you have a disability that requires assistance and/or reasonable accommodation with the job application process, please contact the HR department.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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