DB Implementation Consultant
Milliman
Full-time
Remote
United States
$72,000 - $142,000 USD yearly
👋 Defined Benefit Implementation Project Coordinator - Remote (US) | $72k-$142k
Who We Are
For over 75 years, Milliman has been a leading provider of services and solutions to clients across the globe. We help companies tackle some of the most complex challenges in areas like retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation.
At Milliman, we're committed to investing in our employees' growth and development. We offer a variety of learning and mentoring opportunities, and our Employee Resource Groups (ERGs) provide a platform for employees to connect, influence policy decisions, and amplify their voices. We also encourage our employees to give back to their professions through leadership roles in professional organizations. To learn more about our commitment to our people, diversity and inclusion, social impact, and sustainability, please visit our website: https://www.milliman.com/en/social-impact.
Our team comprises professionals from diverse backgrounds, including actuaries, clinicians, technology specialists, and plan administrators, allowing us to offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.
What You Will Do
In this role, you will:
- Coordinate all aspects of assigned work for the EBAC Practice defined benefit implementation projects from sales transition to ongoing administration transition, including project management and coordination of existing client support.
- Coordinate staffing and implementation processes with the Systems Team Director for new and ongoing defined benefit administration business on Milliman’s proprietary defined benefit administration system.
- Assist in the development and review of plan specifications, system setup, and process coordination for new defined benefit administration implementations based on existing plan documents, summary plan descriptions, and sample calculations.
- Assist in supporting overall work management and project management tasks associated with client technology support and development.
- Support marketing efforts for all defined benefit administration business opportunities for the EBAC Practice.
- Manage the overall scope of work, including documenting and coordinating with the Client Relations Manager where appropriate for services outside the initial definition of the project.
- Initiate and participate in Practice quality improvement initiatives, identify opportunities for improvement, lead key initiatives for the team, and document procedures.
Who We Are Looking For
Required Experience and Skills
- 5+ years of Defined Benefit administration and implementation experience, including processing and reviewing pension plan benefit calculations and pension plan implementations.
- 5+ years of project management experience.
- Knowledge of all regulatory facets of defined benefit plan administration such as 415 benefits limits, 401(a)(17) limits, minimum required distributions, non-qualified plans, and other defined benefit regulatory issues involving ERISA and IRS Revenue Rulings.
- Must possess strong organizational skills and the ability to effectively manage and track numerous tasks, issues, and projects simultaneously.
- Must possess the ability to effectively manage project scope and client expectations while providing a high level of customer service and satisfaction.
- Strong verbal and written communication skills are required.
- Must possess the ability to accomplish tasks through others in an environment with no reporting relationship.
- Must possess a solid understanding of the defined benefit outsourcing market and product.
Preferred Qualifications
- Proficiency in the use of Microsoft Windows, Office (Word, Excel, and PowerPoint). Experience with Microsoft Access and/or SQL Server is a plus.
Personal Qualifications
- Works well within a team environment and takes ownership of personal work product.
- Proficiency in the use of computers and other general office equipment.
- Proficiency in Microsoft Office Suite.
- 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.
Location
This role is based out of the Milliman office in Dallas, TX, but candidates hired into this role may work remotely anywhere in the US.
Compensation
The salary range for this role is $72,000 to $142,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.
Benefits
At Milliman, we're dedicated to creating an environment that supports the personal and professional needs of our employees and their families. We offer competitive benefits that include the following based on plan eligibility:
- Medical, dental, and vision coverage for employees and their dependents, including domestic partners
- A 401(k) plan with a matching program and profit-sharing contribution
- Employee Assistance Program (EAP)
- A discretionary bonus program
- Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked.
- Family-building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period.
- A minimum of 8 paid holidays.
- 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.
Equal Opportunity
All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Pay Transparency
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)
#LI-Remote
This application deadline for this position is October 31st, 2024.
Job Category: Project Management