Analyst, Finance & Banking, Financial Consultant

Description

Associated is one of the top privately held insurance and risk management firms in the country. We assist businesses and individuals with their insurance needs, including property, casualty, and employee benefits, and more. Founded in 1890, our longevity in the industry provides unparalleled expertise and longstanding relationships with leading insurance carriers.

We are currently seeking a 401K Analyst to join and contribute to our growing team. If you thrive in a fast‑paced environment and have a proven track record of exceeding client expectations, we invite you to explore this exciting opportunity with us.

The 401(k) Analyst is a vital member of our Retirement Plan Services team, providing essential analytical, administrative, and client service support. This role is responsible for the day‑to‑day operations of our clients' retirement plans, ensuring they are administered accurately, efficiently, and in compliance with all regulatory requirements. The ideal candidate is detail‑oriented, proactive, and passionate about helping clients manage effective retirement benefit programs.

• Client & Plan Administration
  • Serve as a key point of contact for a dedicated block of clients, responding to inquiries regarding plan provisions, contributions, distributions, and compliance matters.
  • Communicate with Client regarding employee education, meeting scheduling and meeting minutes.
  • Facilitate plan‑level transactions, including distributions, rollovers, loans, and Qualified Domestic Relations Orders (QDROs).
  • Assist with the onboarding of new clients and the implementation of new retirement plans.
• Compliance & Reporting
  • Prepare and review new client documentation and new client onboarding.
  • Prepare and review annual reporting documents, including Form 5500 filings and supporting schedules, in collaboration with senior team members.
  • Monitor plan operations to ensure adherence to plan documents and ERISA regulations.
  • Stay current on legislative and regulatory changes affecting qualified retirement plans.
• Analysis & Investment Support
  • Prepare quarterly and annual investment monitoring reports for client review meetings, analyzing fund performance, fees, and asset allocation.
  • Assist senior consultants in conducting plan design analysis, benchmarking studies, and vendor fee comparisons.
  • Generate custom reports and financial models to support client decision‑making and strategic plan reviews.
• Vendor & Participant Engagement
  • Act as a liaison between clients, recordkeepers, third‑party administrators (TPAs), and auditors to resolve issues and ensure seamless plan operation.
  • Support the coordination of employee education meetings and the development of communication materials to drive participant engagement and financial wellness.

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field is required.
• 2-5 years of direct experience in 401(k) plan administration, compliance, or a related role at a brokerage, TPA, recordkeeper, or consulting firm.
• Technical Skills
  • Strong understanding of ERISA, DOL, and IRS regulations governing qualified retirement plans.
  • Proficiency in Microsoft Office Suite, particularly Excel (VLOOKUP, pivot tables, complex formulas).
  • Experience with retirement plan recordkeeping platforms (e.g., Fidelity, Schwab, Empower, Principal) and/or compliance software (e.g., Relius, Ft William) is highly preferred.
• Soft Skills
  • Exceptional analytical skills and a high degree of accuracy and attention to detail.
  • Excellent written and verbal communication skills, with an ability to explain complex topics clearly and concisely.
  • Strong organizational and time‑management abilities, capable of managing multiple clients and deadlines simultaneously.
  • A client‑centric mindset with a commitment to delivering outstanding service.
  • Proactive problem‑solver who can work both independently and as part of a collaborative team.

• for benefits
• Hybrid work schedule
• Bonus eligibility
• $60,000 - $70,000