Fidelity Investments

Consultant, Defined Contribution

Fidelity Investments

full-time

Posted on:

Origin:  • 🇺🇸 United States • Pennsylvania

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Job Level

Mid-LevelSenior

About the role

  • Fidelity is well known for its outstanding investment management and benefits outsourcing services.
  • We offer extensive benefits consulting services including design, financing, delivery, and communication of employee benefit programs.
  • We are reinventing the consulting experience for our clients through our dedication to responsiveness, expertise, and accuracy.
  • The Fidelity Workplace Consulting Group is made up of over 600 professionals who advise clients on the management of their domestic and global benefits.
  • We are a fast-growing business within Fidelity, offering a broad range of services that span benefits design, strategy, funding, communication, and delivery.
  • Many of our team leaders bring experience from other leading consulting firms.
  • While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000.
  • Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates.
  • Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
  • Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process.
  • For more information about Fidelity, visit FidelityCareers.com.

Requirements

  • Bachelor's degree in Mathematics, Economics, Business, or another quantitatively rigorous subject preferred
  • 6+ years of experience in 401(k), 403(b) industry or benefits consulting
  • QKA, QKC or CEBS exams (a plus)
  • Superior teamwork skills
  • Strong critical thinking and problem-solving skills
  • Strong oral and written communication skills
  • Strong aptitude to balance and prioritize multiple projects in a fast-paced work environment
  • Ability to work within budgeted timeframes to maintain client profitability without sacrificing quality
  • Experience in managing enhanced client relationships
  • Strong interpersonal and leadership skills including the ability to build relationships at multiple organizational levels and work (as needed) with individuals in cross-office locations
  • Knowledge in qualified and non-qualified defined contribution plan program design, legislative and regulatory requirements (ERISA/ IRS/DOL), and plan administration, including plans with auto-enrollment and safe harbor design features
  • Ability to read and interpret plan documents
  • Experience and/or strong understanding in determining employer plan allocations (e.g., match, true-up and/or non-elective contributions) and performing annual nondiscrimination testing for defined contribution plans
  • General understanding of FICA requirements (a plus)
  • Experience in conducting compliance reviews, plan termination and/or fiduciary trainings (a plus)
  • Experience with VCP/VFCP, 5500 and 5330 filings (a plus)