This job has expired, please see additional jobs below
Participant Data Conversion Analyst
Great West Financial
Overland Park, KS, United States
Job Details - this job has expired, please see similar jobs below
Position Highlights
Responsible for analyzing participant data for completeness to ensure adherence to plan provisions and service agreements for the Large, Mega, Not-for-Profit and Government segments. Responsible for resolving participant data issues with either the plan sponsor or the prior recordkeepers. Coordinates the participant data setup . Communicates with Conversion Consultants, systems and other functional teams across the organization. Clients can be new or existing (merger) and will generally have assets in excess of $100M; clients with multiple IRS codes; divisions or employer groups; and customization . Responsibilities can also include set up of plan and participant records for plans under $100M.
Primary Responsibilities
1. Review plan submission materials including the plan set up checklist, loan provision policy and other materials for needed for the implementation of standard LMNG plans.
2. Quality check fund/money type/disbursement mapping.
3. Submit requests to various functional teams across the organization to ensure timely and accurate plan set up, including but not limited to loans, recoveries, SDB, managed accounts, tech support and systems.
4. Analyze participant data files, identifying data anomalies or missing data elements needed to provide standard and custom plan services. Work with client and prior recordkeepers to resolve data issues.
5. Propose resolution to participant data conditions in consultation
with internal operational teams to ensure administration of plan
provisions and service requirements. Document agreed upon procedures.
6. Coordinate participant data load either through implementation team
or through systems teams as needed.
7. Quality check participant data before and after move to production.
8. Coordinate the allocation of assets and required prenotes as needed for each mapping strategy.
9.Provide plan reconciliation for client approval.
10.Monitor the progress of the plan set up and communicate to internal
teams.
11. Assist with cross training staff
12. Other duties or projects as appropriate.
Qualifications
Education:
Bachelor's Degree in Business or related field preferred
Registrations / Certifications / Licensing Required:
Series 6 optional, not required
Other Preferred Qualifications:
• Prior experience and understanding of various IRS codes; 401(k), 401(a), 403(b), 457, etc. preferred; 3-5 years Implementation or related work experience
• Strong knowledge of EXCEL is required.
• Strong knowledge of internal record keeping systems required; Strong knowledge of all IRS codes; 457, 401(k), 403(b), 401(a), etc. required.
• Proficient knowledge of plan document provisions relative to current recordkeeping system capabilities is preferred.
• Excellent written and verbal communication skills
• Strong analytical skills and attention to detail required
• Excellent time management
Physical Requirements/Working Conditions:
Professional office environment and regular use of office equipment such as computers, phones, fax and copy machines. While performing the duties of this job, this role is regularly required to type, sit for long periods of time, read, verbally communicate, present information and respond to questions, collect and analyze data, prepare reports, problem solve, concentrate.
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. They are not intended to be an exhaustive list of responsibilities, duties and skills.
About Great-West Financial
At Great-West Financial® and Empower Retirement, our more than 5,700 global associates are dedicated to helping customers secure their financial futures. We offer a range of retirement savings products, life insurance, annuities and investment services from offices across the country. If you’re interested in joining a company that enjoys a record of strong performance and is rich in history yet innovative, bold and transformative, then our organization is an outstanding place for you to grow and succeed. We’re an equal opportunity employer dedicated to workforce diversity. We’re also committed to providing a drug-free workplace.
We can recommend jobs specifically for you! Click here to get started.