About the Role
Title: DB Implementation Consultant
Location: Dallas United States
Job Description:
Who We Are
Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.
Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.
Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.
What You Will Do
In this role, you will
- Coordinate all aspects of assigned work for the EBAC Practice defined benefit implementation projects from sales transition to ongoing administration transition; includes project management and coordination of existing client support.
- Coordinate staffing and implementation processes with the Systems Team Director for new and ongoing defined benefit administration business on Milliman’s proprietary defined benefit administration system.
- Assist in the development and review of plan specifications, system setup and process coordination for new defined benefit administration implementations based on existing plan documents, summary plan descriptions, and sample calculations.
- Assist in support of overall work management and project management tasks associated with client technology support and development.
- Support marketing efforts for all defined benefit administration business opportunities for the EBAC Practice.
- Manage overall scope of work including documenting and coordinating with Client Relations Manger where appropriate for services outside of the initial definition of the project
- Initiate and participate in Practice quality improvement initiatives, identify opportunities for improvement, lead key initiatives for the team, and document procedures.
Who We Are Looking For
Required Experience and Skills
- 5 + years of Defined Benefit administration and implementation experience, including processing and reviewing pension plan benefit calculations and pension plan implementations.
- 5 + years of project management experience.
- Knowledge of all regulatory facets of defined benefit plan administration such as 415 benefits limits, 401(a) (17) limits, minimum required distributions, non-qualified plans and other defined benefit regulatory issues involving ERISA and IRS Revenue Rulings.
- Must possess strong organizational skills and have the ability to effectively manage and track numerous tasks, issues, and projects at one time.
- Must possess the ability to effectively manage project scope and client expectations while providing a high level of customer service and satisfaction.
- Strong verbal and written communication skills are required.
- Must possess the ability to accomplish tasks through others in an environment with no reporting relationship.
- Must possess a solid understanding of the defined benefit outsourcing market and product.
Preferred Qualifications
- Proficient in the use of Microsoft Windows, Office (Word, Excel and Power Point). Experience with Microsoft Access and/or SQL Server a plus.
Personal Qualifications
- Works well within a team environment and takes ownership of personal work product.
- Proficiency in the use of computers and other general office equipment.
- Proficiency in Microsoft Office Suite.
- Attention to detail.
- Excellent problem-solving skills.
- Strong communication skills (both written and verbal).
- Able to productively respond to change.
- Excellent organization and time management skills.