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TYPE OF WORK
Full Time
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SALARY
Negotiable
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HOURS PER WEEK
40
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DATE UPDATED
Apr 15, 2024
Location: Remote (Client based in the US)
Employment Type: Full-time
HOW TO APPLY:
Please submit your resume, a cover letter, and salary expectations.
Position Overview:
We are seeking a highly motivated and detail-oriented Third-Party Administrator / Relius Administrative Specialist to join our team. This role will be responsible for administering retirement plans using Relius Administration software, ensuring compliance with regulatory requirements, and providing exceptional administrative support within the realm of retirement and wealth-building solutions.
Key Responsibilities:
• Utilize Relius Administration software to perform various administrative tasks related to retirement plans, including processing contributions, distributions, loans, and other transactions accurately and efficiently.
• Ensure compliance with all relevant laws, regulations, and plan documents, including but not limited to ERISA, IRS, and DOL requirements.
• Maintain accurate and up-to-date plan documents, participant records, and other administrative files in accordance with company policies and procedures.
• Demonstrate proficiency in software related to retirement plan administration, including Relius Administration and PensionPro CRM.
• Generate reports, perform data analysis, and prepare relevant documentation as needed for plan audits, government filings, and internal reporting purposes.
• Prepare IRS Form 5500/SAR, audit packages, MRDs, and required compliance tests, including but not limited to ADP/ACP, Top Heavy, 402g, 410(b), and 415 tests. This includes gathering and reconciling required data, reviewing consistency in process, procedures, client questionnaires, etc., managing deadlines, completing assigned portions of checklists, communicating with clients/auditors as necessary to respond to questions or requests for information, reviewing results, and presenting results/reports to clients.
• Work with Sr. Consultant/Team Leader to identify which projects are part of core services or those that may require additional billing. Complete the required tracking spreadsheet for projects and non-core TPA services to ensure proper client invoicing.
• Perform other administrative tasks as assigned by supervisors or managers to support the overall objectives of the team and organization.
Qualifications:
• Bachelor's degree in business administration, finance, accounting, or a related field.
• Minimum of 3 years of experience in retirement plan administration, with specific experience using Relius Administration software preferred.
• Experience with PensionPro CRM software is highly desired.
• Strong understanding of retirement plan regulations, including ERISA, IRS, and DOL requirements.
• Excellent attention to detail and accuracy in data entry and documentation.
• Proficiency in Microsoft Office suite, particularly Excel, Word, and Outlook.
• Ability to work independently, prioritize tasks effectively, and meet deadlines in a remote work environment.
• Excellent communication and interpersonal skills.
• Relevant certifications such as those recognized by professional organizations in the Philippines pertaining to retirement plan administration, or similar certifications, are a plus.
TECHNICAL REQUIREMENT
COMPUTER HARDWARE:
• Windows-based Computer (Desktop or Laptop) – No MAC Computers.
• Processor: At least Intel Core i5 or equivalent.
• RAM: Minimum 8GB (16GB preferred).
• Storage: At least 30GB of free disk space available.
• Display: Dual Screen Display Monitor (24” widescreen monitor recommended).
• Connectivity: One available USB port for the headset.
• Headset: Noise-canceling headset like Plantronics or Jabra.
COMPUTER SOFTWARE:
• Operating System: Windows 10 Pro (Only).
• Updates: Must have the latest Windows updates installed.
• Antivirus: Must have an antivirus software installed and regularly updated.
• Software Cleanliness: There MUST be no Possible Unwanted Applications (PUA), Malware, or Adware installed.
INTERNET SERVICE:
• Should have cable or fiber internet service.
• Minimum upload speed (25mbps)
• Minimum Download Speed (25mbps)
NETWORK:
• Computer must be connected via LAN at least 100MBPS.
• Good reception for WIFI
BENEFITS:
• Comprehensive healthcare benefits package.
• 100% work-from-home arrangement.
• Professional development opportunities.
• Holiday & Overtime Pay.
Application Process: Interested candidates are encouraged to submit their resumes along with a cover letter outlining their qualifications and relevant experience for the position.
We thank all applicants for their interest, but only those selected for an interview will be contacted.
