Trust Analyst

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position Summary

Trust position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.

Section 2: Job Functions, Essential Duties and Responsibilities

• Ability to successfully complete and support the work outlined for the Trust Associate 1 and 2 roles

• Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials

• Supports the Plan Consultants in resolving operational and compliance trust issues related to qualified plans

• Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet trust deadlines

• Prepares trust accounting reports for Clients

• Supports and completes assigned quality assurance reviews

• Review non qualifying assets

• Able to assist consultants with follow up letters on missing trust information and/or addressing and resolving trust issues.

• Ability to successfully integrate information from alliance partners into pension software

• Knowledge of participant loans, partnership valuations, employer stock investments, and reporting of insurance policies

• 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.

• Assist with other tasks and projects as assigned

Supervision

• N/A

Section 3: Experience, Skills, Knowledge Requirements

• Bachelor’s degree preferred

• Minimum of 2 years of advanced math education preferred

• 3 – 5 years of prior ERISA experience in the retirement industry preferred

• 3 - 5 years of experience in analysis of financial data required

• Strong Word, Excel (Advanced), and Outlook skills

• Strong written and oral communication skills

• Strong analytical and problem solving skills

• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters

• Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements

• QKA designation preferred

• Ability to work additional hours during peak periods

• Prior experience with plan administration software, i.e. Relius

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.