What are the responsibilities and job description for the Senior Retirement Analyst position at Fidelity Investments?
Job Description:
The Role
The Senior Retirement Analyst is responsible for the administration of defined benefit (DB) retirement plans on behalf of our clients and their participants. Our great team of professionals is looking for someone who enjoys a fast-paced environment and can provide both high-quality work and an extraordinary customer experience! This role is responsible for:
* Analyzing, performing, and reviewing non-automated complex calculations manually, completing client requests, responding to participant inquiries and analyzing/solving data and other complex issues (e.g., determination of historical service values, calculation of historical accrued benefits, etc.)
* Participating in special projects (e.g., new client implementation, divestitures, mergers, corporate actions, etc.) related to the provision of ongoing administrative services.
* Providing a full range of administrative and operational support services to a variety of clients and plan participants in a fast-paced environment.
* Performing the final quality review of work completed by other team members to ensure the finished product is accurate and of the highest quality.
* Reading client plan documents, sample calculations, SPDs, valuation file specifications
The Expertise and Skills You Bring
* Bachelor's Degree preferred
* 5 years of demonstrated defined benefit experience in a pension and benefit consulting firm or related industry
* Diligent with excellent mathematical and analytical skills
* Leadership, mentoring, and coaching ability
* You have both strong critical thinking and problem-solving skills
* You're a leader with self-motivation and determination to succeed
* You possess and consistently exhibit strong written and verbal communications skills to external customers (client and participant contacts) in addition to internal business partners
* You have a strong ability to balance and prioritize multiple projects in a fast-paced work environment
* You have an ability work to within budgeted timeframes to maintain client profitability without sacrificing quality
* Experience reviewing and working with pension plan documents, plan administration manuals, and calculation rules/procedures.
* Able to follow existing procedures and when necessary, able to outline and establish new procedures for unique projects and situations
* Technically inclined with Microsoft Excel and Word experience. Visual Basic programming and ProAdmin software experience is also advantageous but not vital.
* Your experience working directly with, or personally programming, DB calculation or valuation systems, and related spreadsheets
* Ability to craft, set up, and review test cases to highlight whether the computer is performing DB calculations accurately in all conceivable situations
* Leading the discovery and learning of the mechanics of how the client's DB Plans operate
* Experience actively gathering information from clients and third parties, framing questions, covering all possible scenarios under the DB Plans
Please see below for the salary range for work locations in Colorado only:
$64,000 - $100,000
This position is eligible for incentive compensation or an annual bonus opportunity.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
Join Us
At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a Best Place to Work in 2022. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.
Many of our associates are continuing to work remotely temporarily due to COVID-19. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling "Dynamic Working."
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling
The Role
The Senior Retirement Analyst is responsible for the administration of defined benefit (DB) retirement plans on behalf of our clients and their participants. Our great team of professionals is looking for someone who enjoys a fast-paced environment and can provide both high-quality work and an extraordinary customer experience! This role is responsible for:
* Analyzing, performing, and reviewing non-automated complex calculations manually, completing client requests, responding to participant inquiries and analyzing/solving data and other complex issues (e.g., determination of historical service values, calculation of historical accrued benefits, etc.)
* Participating in special projects (e.g., new client implementation, divestitures, mergers, corporate actions, etc.) related to the provision of ongoing administrative services.
* Providing a full range of administrative and operational support services to a variety of clients and plan participants in a fast-paced environment.
* Performing the final quality review of work completed by other team members to ensure the finished product is accurate and of the highest quality.
* Reading client plan documents, sample calculations, SPDs, valuation file specifications
The Expertise and Skills You Bring
* Bachelor's Degree preferred
* 5 years of demonstrated defined benefit experience in a pension and benefit consulting firm or related industry
* Diligent with excellent mathematical and analytical skills
* Leadership, mentoring, and coaching ability
* You have both strong critical thinking and problem-solving skills
* You're a leader with self-motivation and determination to succeed
* You possess and consistently exhibit strong written and verbal communications skills to external customers (client and participant contacts) in addition to internal business partners
* You have a strong ability to balance and prioritize multiple projects in a fast-paced work environment
* You have an ability work to within budgeted timeframes to maintain client profitability without sacrificing quality
* Experience reviewing and working with pension plan documents, plan administration manuals, and calculation rules/procedures.
* Able to follow existing procedures and when necessary, able to outline and establish new procedures for unique projects and situations
* Technically inclined with Microsoft Excel and Word experience. Visual Basic programming and ProAdmin software experience is also advantageous but not vital.
* Your experience working directly with, or personally programming, DB calculation or valuation systems, and related spreadsheets
* Ability to craft, set up, and review test cases to highlight whether the computer is performing DB calculations accurately in all conceivable situations
* Leading the discovery and learning of the mechanics of how the client's DB Plans operate
* Experience actively gathering information from clients and third parties, framing questions, covering all possible scenarios under the DB Plans
Please see below for the salary range for work locations in Colorado only:
$64,000 - $100,000
This position is eligible for incentive compensation or an annual bonus opportunity.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
Join Us
At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a Best Place to Work in 2022. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.
Many of our associates are continuing to work remotely temporarily due to COVID-19. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling "Dynamic Working."
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling
800-835-5099
, prompt 2, option 3.Recommended Skills
- Administration
- Analytical
- Calculations
- Coaching And Mentoring
- Communication
- Consulting
Salary : $64,000 - $100,000
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