Are you looking for a challenge with a vibrant company in a stable industry? Are you excellent at communicating verbally over the phone and via email?
401(k) Associates is a rapidly growing national third party consulting firm providing administrative services to companies sponsoring 401(k), pension and other qualified retirement plans. We have a nationally recognized sales team allowing us to grow in excess of 20% per year providing advancement opportunities for our professionals.
We are looking to fill a Distribution Specialist I position in our Houston office. Although welcome, industry experience is not necessary and paid training will be provided. Candidates will also be required to successfully complete the NIPA Distribution Administrator and Loan Administrator Certificates. In order to pass the three required exams, most individuals must invest time studying during personal time. For additional information on the Distribution Administrator and Loan Administrator Certificate Program, please visit NIPA’s website at www.nipa.org.
The Distribution Specialist I will be expected to work normal business hours (7:30 am – 4:00 pm) Monday through Friday.
Prepare distribution and loan packages from start to finish, including vesting verifications for daily recordkept plans
Identify loan defaults and MRDs from reports online or provided by plan sponsors
Assist participants, clients, and/or financial advisors with distribution and loan issues/inquiries
Update account managers, management, and plan sponsors as necessary on requests and progress
Serve as backup for answering the Nova participant services line
Have general understanding and interpretation of plan documents regarding distributions and loans
Serve as a backup for data entry
Continue training on loan, distribution and other 401k issues
Pursue and attain NIPA’s Distribution Administrator and Loan Administrator certificates
Remain up to date on AFS’ Cyber security procedures and training
Establish solid working relationship with all vendors and plan sponsors to ensure open and accurate communication
Perform other related duties as required
No experience required
Bilingual speaking is a plus
Knowledge of modern office procedures and methods including telephone communications, office systems and record keeping
Working knowledge or ability to quickly grasp concepts of reading, reviewing and understanding plan documents
Knowledge of modern business communication, including style and format of letters, memorandum, minutes and reports
Skill to use a personal computer and proficiency in MS Excel and MS Word
Ability to establish priorities, work independently, and proceed with objectives without supervision
Ability to handle and resolve recurring problems
Superior organizational and coordination skills
Flexibility, adaptability and ability to multi-task
We get it. We listen. We communicate.