Client Retirement Plans Analyst Specialist

4 weeks ago

Pune, India Jobs for Humanity Full time
Job Description

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Commerce/Business

Travel Percentage :

0%

Job Description

Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About the team

This will be a part of Plan document team under US retirements

  • What will you be doing
    Creates, writes, and maintains databases that contain a library of federal law compliant benefit plan language used by FIS clients to create and administer their retirement compensation employee benefits plans.
  • Resolves complex issues requiring in-depth knowledge and skills.
  • Exercises judgment in decision making, determines approach, methods and procedures to use on new assignments. Monitors workflow and conducts quality checks.
  • Reviews development and maintenance release schedules. Reviews language manual mark-ups for consistencies and issues. Manages full language implementation life cycle from launch, testing and final implementation.
  • Manages with consultants, attorneys, and clients’ relationships to ensure client and product requirements are met
  • Creates and maintains employee benefits language databases for plans, e.g., 401(k), profit sharing, money purchase plans for clients, e.g., prototype plans, volume submitter plans, in compliance with current IRS plan requirements, reflecting current IRS as well as DOL required language.
    Submits employee benefit plans to IRS on client’s behalf and ensures timely and accurately filing.
    Ensures client’s elective provisions and options are accurately selected in system screen entry.
    Ensures IRS submission package, summary plan descriptions, administrative forms, and plan administrator guides accurately reflect client’s plan.
    Works with consultants, attorneys, technical writers, and clients to create and maintain employee benefits language databases.
    Works with consultants and attorneys to define language and system functionality to meet client and product needs.
    Analyzes and determines language changes. Verifies changes are documented in mark-ups.
    Creates and modifies IRS employee benefit language development project timetables and schedules.
    Maintains language manual, checklists, and compares files for each product.
  • Plans, schedules, and coordinates design and development of employee benefit plan language database systems.
  • Creates and maintains employee benefits language databases using Relius Documents Pro authoring tool.
  • Monitors development, testing and implementation of language releases.
  • Troubleshoots language database issues and escalates as appropriate for technical support.
    Other related duties assigned as needed.



 

What do you bring

• Demonstrated understanding of U.S. retirement plans requirements. Typically requires eight or more years’ demonstrated experience in a business environment performing similar duties.

• Experienced reading and understanding legal documents relating to employee benefits plans

• Strong computer skills with working knowledge of Microsoft Office applications

• Working knowledge of language logic coding utilizing proprietary database development software (Relius Documents Pro) and implement and create language releases on database files.

• Demonstrated proficiency with FIS and third-party applications, e.g., Relius Documents Author Pro software

• Language database development experience preferred

• Excellent service skills to build high levels of satisfaction for internal and external clients

• Effective analytical and problem-solving skills

• Advanced written and verbal communication skills

• Ability to maintain confidentiality

What we offer you

  • A competitive salary with attractive benefits including private medical and dental coverage insurance
  • A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
  • A modern work environment and a dedicated and motivated team
  • A broad range of professional education and personal development opportunities
  • A work environment built on collaboration and respect



 

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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