Using analytical, organizational and communication skills, this position is responsible for providing high level financial, plan and administrative analysis, preparation and review of client deliverables, while primarily managing all compliance related activities for defined contribution plans including census reconciliation, preparation of contribution and/or forfeiture allocations, non-discrimination testing, and required government filings.
65% Perform all required non-discrimination testing for defined contribution retirement plans with low complexity provisions and business structures, following plan document provisions and applying appropriate governmental regulations, including any pertinent legislative changes and prepare client deliverables. Prepare annual government filings and respond to auditor questions.
20% Perform data analysis regarding various aspects of defined contribution retirement plans with low complexity by reviewing and interpreting plan financial and census data, plan documents, ERISA guidance and regulations, monitor and ensure legal compliance of plans, respond to questions from customer plan representatives, sales consultants and co-workers regarding various aspects of day-to-day plan administration.
10% Communicate with account management clearly and concisely to identify and describe changes that affect the plans testing and collaborate with mentor/peers to provide potential solutions. Provide research and analytical support to account management in responding to auditor questions during audit season.
5% Participate and support team in regular and project work, including process improvement work each year and all related training. Participate in training events and provide feedback to influence future trainings related to short term and long-term business objectives.
Use critical thinking and analysis to cull information from multiple sources including financial statements and participant census data. Read, review, and analyze data for accuracy, and prepare plans for non-discrimination testing, as well as contribution allocations/validations, and Form 5500 preparation.
EXL (Nasdaq: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 55,000 employees spanning six continents. For more information, visit www.exlservice.com.EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com.