Defined Benefit Relationship Manager
Job Description
Defined Benefit Relationship Manager
Position Summary:
We are seeking an experienced and client-focused Defined Benefit Relationship Manager to serve as the primary point of contact for a portfolio of defined benefit (DB) plan sponsors. This individual will be responsible for managing client relationships, overseeing plan administration activities, ensuring compliance with regulatory requirements, and coordinating with internal teams to deliver outstanding service.
Key Responsibilities:
- Serve as the primary liaison between plan sponsors and internal actuarial/administration teams.
- Develop and maintain strong, consultative relationships with DB plan clients.
- Coordinate the delivery of actuarial valuations, government filings (e.g., Form 5500, Schedule SB), and benefit calculations.
- Review and interpret plan documents, amendments, and compliance requirements to ensure proper plan operations.
- Lead annual client meetings to review funding status, contribution strategies, and long-term plan objectives.
- Monitor project timelines, ensure deliverables are completed accurately and on schedule.
- Proactively identify and address client issues or concerns, escalating as necessary.
- Stay up to date with legislative, regulatory, and industry developments impacting DB plans.
- Collaborate with sales, legal, actuarial, and operations teams to support client needs and business objectives.
- Assist in onboarding new clients and ensuring a smooth transition.
Qualifications:
- Bachelor’s degree in Business, Finance, Actuarial Science, or a related field.
- 2+ years of experience in defined benefit plan administration or consulting, including client-facing experience.
- Solid understanding of ERISA, IRS, and PBGC regulations.
- Experience with defined benefit plan funding and compliance reporting.
- Exceptional communication, project management, and interpersonal skills.
- Proficiency with pension administration software and tools (e.g., ProVal, ASC, or similar).
- ASPPA or EA designation a plus, but not required.
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Meet Your Recruiter
Jasmine Laney
Executive Recruiter
I Joined CPS, inc’s Employee Benefits division earlier this year and feel like I’ve found my home. I recruit at all levels of experience within the qualified and nonqualified retirement plan industry. My expertise includes Talent Acquisition, Employee Onboarding & Assessment, Staff Development, Salary Analysis, Management Consulting, Career Consultation, and Candidate Generation. When I’m not in the office I enjoy spending time with my friends and family. You can find me refereeing for IHSA on the weekends and perfecting my euro-step like Lebron… Even though he travels… Get in touch with me about opportunities or if you want to chat about the latest games.