BenefitsLink logo
EmployeeBenefitsJobs logo
Search Jobs:
Search the News

Subscribe to Newsletters

Join 4,026 candidates ...
Get New Jobs by Email  
Get the BenefitsLink app for iPhone and iPadLinkedIn

Defined Benefit Conversion Specialist

Principal Financial Group



The Defined Benefit Conversation Specialist provides accurate and timely review of contract and member level data.  In this role you will complete testing on plans going through the conversion process.  In addition, the Defined Benefit Conversion Specialist will provide support throughout the conversion of member level records to the Lynchval software system by recommending revisions to data and documenting various steps of the conversion process.

Additional responsibilities may include:

  • Testing: Perform Lynchval, Express and Web regression testing using manual methods and automated testing tools. Analyze and evaluate testing scenarios, produce hand-calculated benefits based on the Defined Benefit Pension Plan document to identify discrepancies and inconsistencies in Lynchval calculations.
  • Data Assessing: Research, analyze and evaluate Participant data to ensure it complies with Defined Benefit Plan provisions.  Make recommendations for possible changes in data location to ensure an accurate conversion to Lynchval Admin software takes place. This may include reviewing participant and contract level coding, class codes, participant salaries, service and modifiers.
  • Manage, prioritize and document data assessment activities for standard and less complex Defined Benefit Pension plans, while meeting the quality and timing expectations of internal and external clients.
  • Communicate effectively with internal partners regarding all aspects of Defined Benefit Pension Plan contract and participant level records. Collaborate effectively with peers to share testing results.
  • Perform other job-related duties and special projects as required.


Skills required:

  • Bachelor's degree or equivalent 8 years of experience.
  • Defined Benefit knowledge is preferred.

Successful candidates will have the following:

  • Strong verbal and written communication, interpersonal, math, problem solving, organizational, attention to detail, good reading comprehension and interpretation skills required.
  • Balancing working independently with working in a team environment.
  • Basic understanding of accounting and recordkeeping systems, PC applications, and Defined Benefit plans helpful.

Job Level:
Will consider at a Sr Defined Benefit Conversion Specialist based on experience.

Principal is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status or any other characteristic protected by law.

How to Apply

Apply online using this link:

Visit our web site.

This ad has been viewed 553 times. It expires on 1/12/2018.

Renew this job Edit this job Remail this job Delete this job Feature This Job


© 2017, Inc. /
Privacy Policy