Senior Consultant - Legal

Overview

This role involves providing technical and compliance support related to retirement and employee benefit plans with minimal supervision. The position requires communication with attorneys and account managers to manage client relationships and address issues, including research on ERISA and IRS regulatory and compliance matters.

Responsibilities

• Complete plan analysis checklists and draft plan documents (new and restated) and trust agreements for various plan types including:
  • Defined Contribution Plans (401(a), 401(k), 403(b), ESOP, Money Purchase, Profit Sharing, Target Benefit; both individually designed and prototype)
  • Defined Benefit Plans
  • Nonqualified Plans
• Draft plan amendments, board of directors resolutions, qualified domestic relations order procedures, and participant loan program documents as applicable
• Draft summary plan descriptions, summary material modifications, and required participant disclosures; coordinate printing arrangements when necessary
• Draft plan administrative forms
• Prepare IRS determination letter filings
• Coordinate and conduct meetings with clients and account managers to discuss plan design, provisions, and documents
• Collect and provide plan documentation and supporting information to the IRS and/or U.S. Department of Labor for plans under audit
• Maintain files of client correspondence and plan documentation
• Prepare plan documents for new business conversions and represent the legal team in transition meetings; correspond with clients to monitor conversion progress and ensure timely completion
• Provide technical support to internal departments (DC Administration, DB Actuarial, Marketing) and clients regarding legislative changes, plan document interpretation, and administrative questions
• Follow up with clients regarding unsigned documents, amendments, and finalized summary plan descriptions
• Assist in preparing and coordinating general notice mailings about the impact of new legal developments on plans
• Assist internal departments with information on the impact of new legal developments
• Prepare proposals and letters of understanding for new business and projects
• Perform additional duties as assigned

Requirements

• 5-10 years of experience working on compliance issues related to employer-sponsored retirement and employee benefit plans
• College degree preferred
• Proficient with computers and able to quickly learn new technology tools; must be fully competent with MS Office Suite and Adobe products
• Ability to work in a fast-paced environment with minimal instruction and high accuracy
• Strong organizational and time management skills
• Ability to set priorities and manage workflow efficiently
• Ability to quickly understand organizational roles, responsibilities, and process flows
• Maintain effective and cordial relationships with internal clients, team members, and vendors
• Strong communication skills, both oral and written, to explain complex issues and respond appropriately
• Leadership skills including training delivery and clear communication of goals and instructions
• Ability to carry out complex tasks involving many concrete and abstract variables

Compensation & Benefits

• Salary range: $70,000 - $90,000 plus potential compensation incentives
• Comprehensive benefits including medical, dental, vision, wellness programs, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance, and other employer-sponsored and voluntary programs
• Generous paid time off policy, paid family leave, and paid holidays

Location

Not specified in the original description.