Conversion Analyst

Our client was established in 1977 to assist employers with the implementation and operation of Defined Contribution, Defined Benefit and other employee benefit plans. They have evolved into one of the largest employee benefit firms in Southwestern Ohio.

Their staff of more than 50 professionals support a client base of over 475 companies. Our client serves clients nationally, as well as regionally in our primary market of Ohio, Kentucky, and Indiana from our administration center and headquarters located in Cincinnati, Ohio.

The Conversion Analyst coordinates, manages and assists in all phases of plan set-up for start-up and conversion plans.

• Prepare appropriate forms, applications, contracts and/or letters to facilitate the transition from the prior service provider.
• Ensure the appropriate forms, applications, and contracts are completed by the client to establish the trustee and trading platforms.
• Set up of new plans on multiple software platforms.
• Gathering outstanding documentation from clients necessary for conversions and mergers.
• Work closely with Marketing (Sales) and internal ERISA Legal Counsel on plan conversion and set-up.
• Responsible for gathering, scrubbing, loading and balancing conversion data.
• If applicable, set up of Trading Link (Matrix, Schwab Trust, Fidelity Trust, TD Ameritrade, etc.).
• If applicable, transfer of assets to new investment companies.
• Ensure that conversion funds are appropriately invested.
• Conduct Conference calls with client and the prior service providers to ensure smooth transition.
• Create Database shell; work with Account Executive and ERISA Legal Counsel to complete plan information.
• Successful transfer of plan data to the Account Executive (Account Manager). Assist with the first Daily Valuation if necessary.
  • Conversion of existing plans to a different trading platform.
• Problem solving is necessary to ensure the smooth transfer of the data each day.
• Responsible for plans deconverting from client to another recordkeeper. Coordinate with the new service provider to assist in a smooth transition.
• Assist with updates and changes to the various software systems as it relates to initial set up.
• Assist with all software system updates for existing plan as needed
• Create materials for clients on website functionalities, update as needed for system changes.
• Help with Payroll Integration set up with the various payroll providers and the client. Make sure all necessary information is being populated and systems are set to receive. Test the files to ensure their quality.

• ASPPA or CEBS designation(s) preferred
• Experience with retirement plan recordkeeping, preferably in Implementation Project Management/Conversions

• Onsite Monday-Friday - ability to work hybrid after one year of employment
• Compensation: $55k-$75k (depending on experience) plus bonus opportunities.
• Full benefits including but not limited to PTO, medical, dental, vision, retirement and more.