Defined Contribution Client Service Associate
|Location:||Denver , CO|
|Benefits:||Full benefits to include medical, dental, vision, disability, 401k, and profit sharing|
|Employment Type:||Full Time|
|Description:||The DC Client Service Associate will be responsible for working in a team environment, completing assigned tasks, and providing all aspects of plan administration to assigned clients. |
|Duties:|| Gain and develop thorough understanding of applicable IRS regulations as they apply to qualified retirement plans, including 401(k) plans|
Maintain current knowledge of IRS code sections
Interpret the regulations applicable to administering qualified retirement plans
Data input and processing of plan transactions
Reconciliation of plan accounting to trust assets
Gain and develop full understanding of clients and their plans. Develop in-depth understanding of each clients sensitivities, needs, and objectives with respect to their benefit plans
Address all issues brought to Milliman by plan sponsors and external partners in a timely and professional manner
Respond to client inquiries, resolve service issues, and demonstrate a proactive solution-based approach to enhance client relations
Monitor plan parameters and administrative operations to ensure compliance with plan document provisions, as well as applicable governmental rules and regulations
Work with clients to "clean" census data for purposes of nondiscrimination testing
Monitor 402(g), 415 limits, plan-specific contribution limits and plan-level deductibility limits. Prepare required testing and execute corrective measures.
Prepares annual plan audits and government filings, and act as primary contact with plan auditors during audits
Calculate and/or allocate employer contributions, profit sharing, match, match true ups, etc.
Track minimum required distributions for the plan, calculate distributions, and communicate with plan participants
|Qualifications:|| Bachelors degree, an emphasis in Accounting, Finance, or Mathematics preferred |
Works well within a team environment and takes ownership of personal work product
Proficiency in Microsoft Office Suite
High attention to detail
Excellent problem solving skills
Strong communication skills (both written and verbal)
Able to productively respond to change
Excellent organization and time management skills
A competitive base salary, plus a performance-based incentives bonus tied to the overall business performance. The firm offers an outstanding and comprehensive benefits package.
Milliman employs more than 2,000 people working in employee benefits, healthcare, life insurance/financial services, and property and casualty insurance. For more than 60 years, the firm has quietly earned a reputation for exceptional services, innovation, and quality. Today, Milliman is one of the nations most highly regarded providers of retirement plan services to the full spectrum of business, financial, government, and union organizations.
Milliman is an equal opportunity employer and strongly supports both ethnic and gender diversity. All employment decisions are based strictly upon qualifications of the individual as related to the work requirements of the position. This policy is applied without regard to race, sex, color, religion, national origin, ancestry, age, handicap, veteran status, marital status, or sexual orientation.
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