Defined Plan Specialist; Hybrid

At Tru Stage, we’re on a mission to make a brighter financial future accessible to everyone by building insurance, investment, and technology solutions that help individuals take control of their financial future.

This position is responsible for the annual administration of defined benefit plans, including benefit processing and related support functions under the guidance of senior staff.

• 20% Maintain employee census data for defined benefit plans. This includes data entry of census information received via paper and data upload of census received via electronic means, analyzing data for completeness, and contacting clients for clarification.
• 20% Prepare the annual valuation for defined benefit plans, reviewing plan provisions and employee data, preparing actuarial reports, and reviewing assumptions with the Senior Actuary.
• 20% Calculate benefit payment options and deliver benefit paperwork to participants, including adjustments for early retirement, minimum benefits, late retirement, benefit offsets, revenue code limits, and other statutory requirements.
• 10% Process distributions using the EScape withdrawal system after receipt of completed benefit paperwork, handling payout options such as cash, rollover, monthly payments, annuity purchases, and coordinating annuity purchases with the Pension Financial Unit when needed.
• 10% Prepare estimated benefit calculations for requested future termination dates for active participants, incorporating the necessary adjustments.
• Prepare the annual premium billing for policy‑funded defined benefit plans, reviewing legal documents, verifying system provisions, and generating billing documents.
• 5% Prepare annual benefit statements for participants in defined benefit plans.
• 5% Prepare annual government reporting forms, including IRS Form 5500, Schedule B, and other required schedules.
• 5% Communicate orally and in writing with clients and retirement services staff regarding missing information, incomplete forms, or general inquiries.
• 5% Work with Retirement Consultants and the Senior Actuary to prepare proposals illustrating the impact of plan design alternatives.
• Assist with the creation and maintenance of the written procedure manual for the Defined Benefit Administration unit.
• Assist with the training of other Defined Benefit Plan Specialists.

• One year of post‑high‑school coursework in business, accounting, mathematics, computer science, or equivalent professional experience.
• Four years of experience in retirement plan administration for defined benefit plans, including:
  • Analysis and interpretation of retirement plan legal documents
  • Calculation of retirement benefits
  • Preparation of actuarial valuations
  • Preparation of government reporting forms
• Proven ability to work independently with minimal managerial assistance.
• Proven interpersonal and customer‑service skills.
• Strong analytical, critical‑thinking, problem‑solving, and decision‑making skills.
• Proficiency in the MS Office environment.
• Demonstrated alignment with the values and competencies of CUNA Mutual Group.

Base Salary Range: $42,716.00 – $74,752.00

In addition to base pay, eligible employees may receive an annual incentive (bonus) plan. Benefits include:

• Medical, dental, and vision coverage
• Employee assistance program
• Life insurance and disability plans
• Parental leave
• Paid time off
• 401(k) retirement plan
• Tuition reimbursement

If you require accommodations during the application or interview process, please contact the accessibility department.