Voya Financial
Overview
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ERISA Technical Consultant
role at
Voya Financial . The ERISA Technical Consultant will provide technical training and support to members of Voya’s ERISA Services Team that provides full service compliance testing and 5500 reporting for 401(k), 403(b), and Profit Sharing Plans. This position will take a lead role on enhancement and/or development of systems, procedures and controls to expand Voya’s existing service offerings.
Work Location Work location for this role is
FLEXIBLE . This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.
Responsibilities
Provide technical support to a team of professionals conducting compliance services for Profit Sharing, 401(k) and 403(b) plans.
Help develop and implement process, procedures and controls to enhance Voya’s existing standard compliance testing and Form 5500 service enhancements.
Lead project planning and execution for new ERISA-related service offerings.
Perform compliance testing including strong focus on 410(b) (ratio percentage test/average benefit), 414(s) testing, 401(a)(4), and Rights Benefits and Features.
Monitor project timelines, risks, and dependencies to ensure successful delivery.
Calculate employer contributions for Safe Harbor and New Comparability plans.
Provide consulting and plan design assistance to relationship management, plan management and clients.
Work and gain knowledge of Voya’s recordkeeping system and valuation reports.
Other duties as assigned.
Minimum Knowledge & Experience
Bachelor’s degree in Business Administration or related work experience in ERISA compliance.
Knowledge of ERISA and applicable IRS Code is required.
Knowledge of Actuarial Systems Corporation Administration (ASC) or equivalent testing software is a must.
Knowledge of Microsoft Word and Excel (v-lookup, pivot table, formulas).
Exceptional oral and written communication skills with ability to interact with senior managers required.
Ability to multitask, prioritize and problem solve independently.
Preferred Knowledge & Experience
8-10 years industry experience, with 5-7 years’ experience in an ERISA compliance setting is desired.
Industry designation is strongly preferred (SPARK, NIPA, ASPPA, CEBS, ERPA).
Experience with Multiple Employer Plans preferred.
Experience with project management and/or drafting business and technical requirements for new programs.
Compensation The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.
$75,830 - $126,390 USD
Benefits
Health, dental, vision and life insurance plans
401(k) Savings plan – with generous company matching contributions (up to 6%)
Voya Retirement Plan – employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
Paid volunteer time — 40 hours per calendar year
Equal Employment Opportunity Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.
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ERISA Technical Consultant
role at
Voya Financial . The ERISA Technical Consultant will provide technical training and support to members of Voya’s ERISA Services Team that provides full service compliance testing and 5500 reporting for 401(k), 403(b), and Profit Sharing Plans. This position will take a lead role on enhancement and/or development of systems, procedures and controls to expand Voya’s existing service offerings.
Work Location Work location for this role is
FLEXIBLE . This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.
Responsibilities
Provide technical support to a team of professionals conducting compliance services for Profit Sharing, 401(k) and 403(b) plans.
Help develop and implement process, procedures and controls to enhance Voya’s existing standard compliance testing and Form 5500 service enhancements.
Lead project planning and execution for new ERISA-related service offerings.
Perform compliance testing including strong focus on 410(b) (ratio percentage test/average benefit), 414(s) testing, 401(a)(4), and Rights Benefits and Features.
Monitor project timelines, risks, and dependencies to ensure successful delivery.
Calculate employer contributions for Safe Harbor and New Comparability plans.
Provide consulting and plan design assistance to relationship management, plan management and clients.
Work and gain knowledge of Voya’s recordkeeping system and valuation reports.
Other duties as assigned.
Minimum Knowledge & Experience
Bachelor’s degree in Business Administration or related work experience in ERISA compliance.
Knowledge of ERISA and applicable IRS Code is required.
Knowledge of Actuarial Systems Corporation Administration (ASC) or equivalent testing software is a must.
Knowledge of Microsoft Word and Excel (v-lookup, pivot table, formulas).
Exceptional oral and written communication skills with ability to interact with senior managers required.
Ability to multitask, prioritize and problem solve independently.
Preferred Knowledge & Experience
8-10 years industry experience, with 5-7 years’ experience in an ERISA compliance setting is desired.
Industry designation is strongly preferred (SPARK, NIPA, ASPPA, CEBS, ERPA).
Experience with Multiple Employer Plans preferred.
Experience with project management and/or drafting business and technical requirements for new programs.
Compensation The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.
$75,830 - $126,390 USD
Benefits
Health, dental, vision and life insurance plans
401(k) Savings plan – with generous company matching contributions (up to 6%)
Voya Retirement Plan – employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
Paid volunteer time — 40 hours per calendar year
Equal Employment Opportunity Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.
#J-18808-Ljbffr