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Payroll Conversion Consultant Jobs

Company

Empower

Address United States
Employment type FULL_TIME
Salary
Category Financial Services
Expires 2023-05-29
Posted at 1 year ago
Job Description
Grow your career with a growing organization


Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.


The Payroll Conversion Consultant is responsible for supporting routine Implementation and Retirement Plan Services to achieve successful setup of payroll integration for new and existing retirement plan sales. Incumbent will act as project manager and consultant for payroll integration of conventional client groups. The Consultant Payroll Conversion will work side-by-side with the Implementation Consultant during the conversion process and will act as the point of contact with Plan Sponsors, Financial Advisors and Third Party Administrators for all payroll, online enrollment and automatic enrollment related matters for assigned client groups with standard plan set up.


What You Will Do


  • Produce quality work on assigned sales through various quality assurance measures
  • Coordinate the integration and mapping of payroll files/methods with conventional plan sponsors to Empower
  • Work with internal departments to review data from prior provider to ensure data load is accurate
  • Follow established procedures designed to minimize market risks and gain/loss situations
  • Discuss and gather required data to support the automatic enrollment and feedback file processes for standard client groups
  • Attend ongoing weekly conference calls on assigned projects and consults with various client contacts including plan sponsors, payroll vendors, financial advisors, third party administrators, relationship/client service managers, regional sales director’s and various internal departments with respect to the timing of conversion, outstanding items, critical tasks and overall project management
  • Map new elementary payroll files ensuring required data is provided to support the plan features
  • Discuss service product features with assigned plan sponsors, financial advisors and third party administrators to determine suitability of payroll method and provide comprehensive explanation of administrative duties associated with payroll
  • Maintain established internal deadlines and timelines for all assigned client groups, associated with payroll activity Coordinate with internal teams to facilitate FTP (File Transfer Protocol) connections with payroll vendors/clients using direct FTP
  • Work with network payroll vendors for plans transferring to our Payroll Bridge product Coordinate with internal departments for issue resolution of incoming cash/payroll files
  • Act as the primary contact for Empower for all payroll related matters of assigned client groups.
  • Responsible for the successful setup of payroll integration and installation of standard/non-complex new transfer or start-up retirement plan sales


What You Will Bring


  • Willing to travel
  • Must be willing to work extended hours and overtime during peak seasons or high volume
  • Ability to work effectively with business clients
  • 2 - 4 years of experience in financial industry
  • Associates degree, preferably in Business, Finance or a related field or equivalent related experience


What Will Set You Apart


  • Payroll processing knowledge
  • Knowledge of defined contribution plans
  • Experienced professional with full understand of EASY or other recordkeeping software


What We Offer You


We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.


  • Paid volunteer time — 16 hours per calendar year
  • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
  • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
  • Tuition reimbursement up to $5,250/year
  • Medical, dental, vision and life insurance
  • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
  • Business-casual environment that includes the option to wear jeans
  • Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.


The salary range below shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.


Base Salary Range


$ 61,800.00-87,375.00


We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.


***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***