Distribution Specialist

🔥 14 hours ago

🇺🇸 United States – Remote

💵 $20 - $25 / hour

⏰ Full Time

⚪️ Entry-level

👻 Ghost score 2%

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Logo of Nova 401(k) Associates

Nova 401(k) Associates

51 - 200 employees

💼 Consulting

🛡️ Insurance

💸 Finance

Consulting • Insurance • Finance

Nova 401(k) Associates is a national third-party administration (TPA) firm that specializes in providing customized retirement plan design and compliance services to business owners and financial advisors. The company manages over 7,500 retirement plans including 401(k), 403(b), and Defined Benefit plans, representing more than $9 billion in retirement plan assets. Nova 401(k) Associates offers educational webinars, resources, and personalized consultations to aid in understanding and managing retirement plans. They are dedicated to effective communication and delivering quality services to their clients.

📋 Description

• Process retirement plan loan and distribution requests • Communicate request information to participants and plan sponsors • Prepare distribution and loan packages from start to finish, including vesting verifications for daily recordkept plans • Identify loan defaults and required minimum distributions (RMDs) from online or plan sponsor reports • Assist participants, clients, and/or financial advisors with distribution and loan issues and inquiries • Update account managers, management, and plan sponsors on requests and progress • Serve as backup for the Nova participant services line • Interpret plan documents regarding distributions and loans • Serve as backup for data entry • Continue training on loan, distribution, and other 401(k) issues • Remain up to date on Nova's cybersecurity procedures and training • Establish working relationships with vendors and plan sponsors • Perform other related duties as required

🎯 Requirements

• Bachelor’s degree • Ability to establish priorities, work independently, and proceed with objectives without supervision • Superior organizational and coordination skills • Flexibility, adaptability, and ability to multi-task • Coachable and committed to professional development • Must work from USA and be authorized to work for any US employer • Bilingual speaking is a plus • Knowledge of Corbel Documents & Pension Pro is a plus • Experience in the retirement industry is a plus • Industry experience is not required

🏖️ Benefits

• Paid training • Necessary computer equipment supplied • Work from home • Pursue and attain NIPA's Distribution Administrator and Loan Administrator certificates

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