Plan Illustration and Vendor Change Specialist Job at Ascensus in San Francisco

Assists with all aspects of the sales process from initial Opportunity set up and plan design creation through follow-up process, Service Agreements, and Welcome Calls. Provides a wide range of administrative support to the Sales and Marketing Group.

Section 2 : Job Functions, Essential Duties and Responsibilities

• 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.
• At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
• 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
• Liaison between service and sales for vendor changes
• Input information in CRM and run service agreements related to vendor changes
• Assist with special projects as needed
• Other duties as assigned

Supervision

Section 3 : Experience, Skills, Knowledge Requirements

For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required.If you are unsure of your internet speed, please check with your service provider. Note : For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.

We are proud to be an Equal Opportunity Employer

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

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