Defined Contribution Account Manager (Combo Plans)
Nova 401(k) Associates
in Houston, TX / AZ / Telecommute
Looking for your next challenge? Do you excel at solving your clients’ 401(k) problems? Do you have defined benefit experience? Are you excellent at communicating verbally and via email? Do you want the flexibility and
convenience of working from home? Tired of working insane overtime?
Nova 401(k) Associates is looking to fill defined benefit/defined contribution (combo) account manager positions. If you are located near one of our physical offices
(currently Austin, Dallas, Houston and Scottsdale), the position will allow you to work partly from home and partly from our office. If you are not near one of our physical offices, we will provide you with a home office setup including computer and
phone so that you can serve your clients from home.
Our account manager position focuses on review and client/advisor service and is supported by a strong implementation group, plan document team, defined benefit team, special projects team, and a
loan and distribution department. Our account managers are organized into regional teams with each team serving up to 750 clients. Teams work toward stated quarterly firm goals with special recognition given to individuals with exceptional
performance. Each team leader schedules weekly calls to discuss upcoming deadlines and developments within Nova and the industry.
Nova 401(k) Associates is a vibrant and growing national third party, non-producing administration firm. We
have a nationally recognized sales team allowing us to grow in excess of 20% per year providing advancement opportunities for our professionals.
Maintain client and advisor relationships with a high client retention rate;
Maintain a caseload of about 80 clients, approximately 50% split stand-alone DC plans and DB/DC Combo plans;
Manage and prioritize workload towards weekly
goals in a results oriented team environment;
Superior client service and ability to consult with clients regarding plan operation and design;
Proactively communicate with clients and investment advisors about new industry
Work with other Nova departments, record-keeper and advisor to ensure a great client experience;
Perform work according to Nova policies and procedures;
Consult with clients regarding plan operation and design;
Review and approve ADP/ACP, other non-discrimination testing, Form 5500 and other government forms;
Clearly communicate to the client and advisor on the complexities of combo plans, including annual funding requirements, plan design, and
deadlines (funding, 5500, PBGC, amendments, etc.).
Five or more years of combo plan experience, or five or more years of defined contribution plan experience and defined benefit plan
Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4)4 non-discrimination testing;
Working knowledge of cash balance plans, including hypothetical allocations, top heavy requirements, minimum and maximum funding
General understanding of actuarial valuations;
General knowledge of PBGC coverage and its requirements;
Excellent written and verbal communication skills;