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Associate - Qualified Plan (S1)

  • Job
    Full-time
    Junior Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad

AI generated summary

  • You must possess a high school diploma and at least 1 year of related experience.
  • You will manage retirement plans, ensure compliance, handle inquiries, conduct audits, and support operations with moderate supervision, applying your knowledge and following company procedures.

Requirements

  • Minimally requires a high school degree and 1 year of related experience.

Responsibilities

  • - Offers third-party retirement plan administrative and consultative services for plan sponsors, participants, broker/dealers, and/or external third-party administrators.
  • - Establishes, maintains, and manages retirement plans, produces policies and procedures for third-party administration, prepares filings, and ensures accurate and timely IRS reporting and recordkeeping.
  • - Performs and oversees day-to-day retirement plan administration (e.g., plan design, plan amendments, transactions, inquiries, education, problem resolution, compliance testing, auditing, research, correspondence, analysis, administrative software upkeep, auditor coordination, conversions).
  • - Intermediate level support representative working on semi-routine tasks to support operations.
  • - Applies developed knowledge and job skills, and follows defined company policies and procedures to complete tasks.
  • - Understands when to deviate from standard practice.
  • - Requires moderate supervision on daily work and detailed instructions on new tasks.

FAQs

What are the primary responsibilities of an Associate in the Qualified Plan role?

The primary responsibilities include providing third-party retirement plan administrative and consultative services, managing retirement plans, producing policies and procedures, ensuring accurate IRS reporting, and overseeing day-to-day retirement plan administration tasks such as compliance testing and problem resolution.

What qualifications are necessary for this position?

The minimally required qualifications include a high school diploma and at least 1 year of related experience.

What kind of support is provided to employees in this role?

Employees in this role receive moderate supervision on daily work and detailed instructions on new tasks, enabling them to apply developed knowledge and job skills effectively.

What are the benefits offered by SS&C?

SS&C offers excellent benefits including health and dental insurance, a 401k plan, and a tuition and professional development reimbursement plan.

Is experience in retirement plan administration required for this job?

While prior experience is necessary, the role is designed for an intermediate level support representative, so 1 year of related experience suffices.

What type of companies does SS&C service?

SS&C services a wide range of financial services and healthcare organizations, from the world's largest institutions to local firms.

What is the work environment like for this position?

The work environment requires employees to work on semi-routine tasks with a certain level of autonomy, while still operating under defined company policies and procedures.

Does SS&C have a policy regarding unsolicited resumes?

Yes, SS&C does not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services unless explicitly requested.

What is the training process for this position?

New employees will receive detailed instructions on tasks and moderate supervision, allowing them to learn and develop the necessary skills to perform their role effectively.

Is SS&C an equal opportunity employer?

Yes, SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant based on various classifications protected by applicable discrimination laws.

Technology
Industry
10,001+
Employees

Mission & Purpose

SS&C is a leading global provider of mission-critical, cloud-based software and solutions for the financial and healthcare industries. Named to the Fortune 1000 list as a top U.S. company based on revenue, SS&C (NASDAQ: SSNC) is a trusted provider to more than 20,000 financial services and healthcare companies, with over 25,000 employees and operations in more than 40 countries. Built upon a foundation of expertise, innovation and excellent customer service, SS&C powers some of the largest financial and healthcare firms in the world.