The Opportunity

Defined Benefits Operations (E.g. - Benefits calculations, Benefits Review), Benefits Calculation for Retirement, Termination, Disability, Death, Divorce.
ERISA Compliance - US Retirement Plan Testing (ADP & ACP Testing, Corrective Distribution) & Reporting experience.
Money in and Loans -Must have experience in handling money in & Loan related activities, i.e. Check processing, contribution, loan initiation, Loan repayments, re-amortization etc.
Deep understanding of in-plan guaranteed income products such as annuities embedded within defined contribution plans (e.g., target date funds with income guarantees).
Experience in designing or evaluating protected retirement solutions through insurance-wrapped investment vehicles.
Exposure to recordkeeping platform enhancements to support in-plan income features, including income projection tools, guarantee tracking, and participant-level income illustrations.
Disbursements: Distributions/Disbursements such as Hardship withdrawals, QDRO, RMD, In-service distributions, loans or experience in processing 401K contribution, loan repayments etc.
Understanding of business rules of Payout, Qualified/Non-Qualified Plans, Roth Conversion, Roth IRA, Fiduciaries, Defined contribution, Defined Benefits/Pension
Exposure to Pension Benefit Guaranty Corporation (PBGC) study and Public Pensions
Understanding of plan administration, group and account setup, eligibility
Understanding of Vesting rules and Investment management
Experience supporting or leading PMO functions for large-scale retirement transformation programs, including project planning, milestone tracking, risk management, and stakeholder reporting.
Proven ability to coordinate across business, technology, and vendor teams, ensuring alignment with project timelines, scope, and quality standards in retirement platform implementations or upgrades.
Responsible for decision-making, optimizing processes, resource management, and overseeing team management as needed for task execution.
Accountable for allocating personnel, supervising team members, assigning tasks, ensuring that the team has the necessary tools and support to succeed in their roles and optimizing and evaluating their performance to meet organizational goals.

Skills and attributes for successConsulting Skills

Experience in creating business process map for future state architecture, creating WBS for overall conversion strategy, requirement refinement process in multi-vendor engagement.
Requirements Gathering, Elicitation writing BRDs, FSDs. Conducting JAD sessions and Workshops to capture requirements and working close with Product Owner.
Work with the client to define the most optimal future state operational process and related product configuration.
Define scope by providing innovative solutions and challenging all new client requirements and change requests but simultaneously ensuring that client gets the required business value.
Elaborate and deliver clearly defined requirement documents with relevant dataflow and process flow diagrams.
Work closely with product design development team to analyse and extract functional enhancements.
Provide product consultancy and assist the client with acceptance criteria gathering and support throughout the project life cycle.

Technology Skills -

Experienced in data migration projects, ensuring seamless transfer of data between systems while maintaining data integrity and security.
Skilled in data analytics, utilizing various tools and techniques to extract insights and drive informed decision-making.
Strong understanding of data governance principles and best practices, ensuring data quality and compliance.
Collaborative team player, able to work closely with stakeholders and technical teams to define requirements and implement effective solutions.
Industry certifications (ASPPA/LOMA/ RPF) will be added advantage.
Experience on these solutions is preferrable.
- ALIS
- OMNI
- Relius
- NeoSpin
- Vitech
- TRAC

RC FS - BT INS - Retirement Business Analyst - Senior

Job Description

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