New Business Plan Illustration

Job Functions

Essential Duties and Responsibilities

• Responsible for creating competitive retirement plan illustrations and proposals
• Assist sales team with tracking opportunities, scheduling prospect meetings, and onboarding meetings
• Build and develop relationships with partner firms, retirement wholesalers and advisors
• Gather and analyze prospect information necessary to create retirement proposals; can work on DC, DB, and CB plans
• Prepare competitive retirement proposal
• Assist Sales team with technical questions and sales strategies
• Train and answer general retirement questions from wholesalers, partners, and advisors
• Provide value added sales ideas and contribute to strategic planning process
• Collaborate with sales team and company leadership to execute strategies and meet corporate sales and revenue goals
• Prepare Service Agreements
• Track status of proposal work and follow up as needed to move projects forward timely
• Schedule and assist with preparation of client Welcome calls
• Assist conversion team with client onboarding
• Review and confirm completeness of employee census data
• Perform contribution calculations and compliance testing
• Analyze and choose best options to correct failed tests
• Ability to interpret plan document provisions and incorporate information into illustrations
• Recommend plan document amendments to facilitate new plan designs
• Work on larger, more complex illustrations, including clients with multiple DC plans and carve-outs (work on all size)
• Hands-on Cash Balance Plan experience, including performing 401(a)(26) and combo DC / CB nondiscrimination testing
• Perform estimates and plan design studies for complex combination 401(k) / Cash Balance plans with assistance
• Assist sales consultants with plan design issues
• Perform self-employment income compensation calculations
• Intermediate to advanced understanding of pension laws
• Perform technical research to answer questions as necessary
• Actively participate in ongoing retirement industry related education including pension law
• Back-up other Sales Specialists and other departments as requested
• Proactively participate in process improvement and innovation of current systems
• Assist with special projects as needed
• Other duties as assigned
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and / or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day-to-day basis showing your support of our organizational culture.

Supervision

Section 3 : Experience, Skills, Knowledge Requirements

We are proud to be an Equal Opportunity Employer