DB Project Manager

Description

The Defined Benefit Project Manager for Special Projects is responsible for the general oversight and project management of defined benefit administration special project work related to plan termination, lump sum window, and other de‑risking projects for the Employee Benefits Administration and Consulting (EBAC) Practice. As a special projects manager, the Defined Benefit – Project Manager works under general supervision of the Systems Team Director and exercises a great deal of initiative and independent judgment in the performance of all assigned tasks and projects.

In this role, both technical and project management skills are utilized. This is a client‑facing role. Some travel is required.

Milliman’s management has a history of rewarding performance and views this position as a vital piece of its ongoing strategy to solidify and grow long‑term client relationships. This position offers the opportunity to work as a business manager along with high visibility and unlimited career potential.

Independent for over 75 years, Milliman delivers market‑leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee‑led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations.

Please visit our web site  to learn more about Milliman’s commitments to our people, inclusion, and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

In this role, you will:

• Coordinate all aspects of assigned work for the EBAC Practice defined benefit special projects from sales transition to execution of all required notices and election kits based upon assigned projects; includes project management and conducting weekly status meetings with clients.
• Coordinate various teams including systems updates, call center support and processing team for payment setup utilizing Milliman’s proprietary defined benefit administration system.
• Manage overall scope of work of assigned project work and identify where the request for additional services may be outside of the initial definition of the project.
• Initiate and participate in Practice quality improvement initiatives, identify opportunities for improvement and document procedures.
• Assist in the development and review of standard plan termination notices including NOIT, NTIP, NOAI and NOPB and lump sum window election kits.

• 5 + years of Defined Benefit (DB) administration and de‑risking project management, including plan terminations and lump sum windows.
• 5 + years of project management experience.
• Knowledge of all regulatory sides of defined benefit plan termination process including IRS and PGBC regulatory requirements and timing.
• Must have strong organizational skills and the ability to effectively manage and track numerous tasks, issues, and projects at one time.
• Must have the ability to effectively manage project scope and client expectations while providing a high level of customer service and satisfaction.
• Must have the ability to accomplish tasks through others in an environment with no reporting relationship.
• Must have a solid understanding of the defined benefit outsourcing market and product.

• SQL Server proficiency a plus
• CPC, QKA, PMP, or QPA certifications

• Works well within a…