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Senior Implementation Project Manager
Ref No.: 17-13073
Location: Florham Park, New Jersey

Immediate need for a Senior Implementation Project Manager  with experience in the Insurance Industry. This is a 6  months  contract opportunity with long-term potential located in Florham Park,NJ. Please review the job description below:

 
Job ID: 17-13073


 Key Responsibilities:/Key Requirements and Technology Experience:
 
  • Client is hiring a Implementation Project Manager III. 
  • In this position you will be a key client owner and single point of contact responsible for the project management of the entire implementation and/or merger and acquisition, from the point of sale through the transition to on-going Client Services.
  • At Client we are driven by your success. We engage your unique talents and perspectives.
  • We welcome your ideas on how to do things differently and better.
  • In your efforts to achieve, learn and grow, we support you all the way. If success motivates you, you belong at Client .
  • We strive for every interaction to be driven by our CORE values: Insightful Expertise, Integrity is Everything, Service Excellence, Inspiring Innovation, Each Person Counts, Results-Driven, & Social Responsibility.
  • Project manages work of several internal departments, client, financial advisors and client's prior recordkeeper to ensure a successful implementation and is the subject matter expert for all functional areas through Client for the conversion.
  • Perform welcome call and explain the implementation process to the client, ensuring the client understands actions they need to take in order to ensure a successful implementation, and identify/introduce other team members who will interact directly with the client.
  • Assist client with prior recordkeeper notification and obtaining a liquidation date.
  • Provide the client with a blackout notice and explain the legal responsibilities for providing the notice to their plan participants in a timely manner.
  • Manage the transfer of plan assets and participant records by communicating directly with client's current providers and internal Client departments.
  • Establish Payroll Input call to review with client how to enter payroll deductions and compliance coding 
  • Work with client, prior recordkeepers and internal Client parties on missing information needed to complete conversion to Client RS 
  • Responsible for preparation and distribution of all applicable client conversion communication.
  • Responsible for documentation based on department standards and coordination of seamless transition to Client Services. 
  • Failure to properly execute could cause significant financial impact to Client  and/or the client.
  • Key client contact during implementation from point of sale through the transition to Client Services. 
  • Monitors and communicates conversion status on a regular basis with client, sales and financial advisors.
  • Drawing from 401(k) experience, product and legislative knowledge evaluates, assesses and recommends solutions to question / issues surfaced from client, and internal departments regarding the implementation. 
  •  Consulting with client on non-standard issues 
  • Delivers Client Mid Market Prototype Adoption Agreement and reviews elections with client form both a regulatory and Client  Retirement Services administration perspective to ensure plan setup meets client expectations and confirms to the prototype's product specifications and system constraints. 
  • Work with the client and internal Clientgroups on exception related processes requested by clients.   
  • This may include adding investment with restrictions, transfer in-kind, setup of brokerage accounts, special blackout notifications, special processes needed to be supported by Client Services and Operations, etc.
  • Responsible for review of conversion data and records prior to plan being moved to production go-live. 
  •  Communicates with client for appropriate conversion data approvals. 
  • Complexities may include review and communication of service calculations, combination of multiple loans into small number of loans, mapping of investment elections and deferral percents, etc.
  • Participate on team projects 
  • Research issues and share findings with other team members
  • Performs other related duties as assigned.
  • 5 to 8 Years of Directly Related Experience
  • Minimum of 3 years of successful experience as 401K Conversion Project Manager or equivalent experience
  • Bachelor's Degree or its equivalent in education and experience
  • Strong knowledge of defined contribution industry
  • Solid understanding of ERISA regulations
  • Strong oral and written communication skillsStrong analytic and organizational skills
  • Strong influence, prioritization, adaptability and multi-tasking skills 
  • Able to apply recordkeeping and regulatory concepts and methodologies 
  •  This position will be able to service plans of all complexities and all roll call values.
  • Client powers the working world with comprehensive solutions that drive business success. ​ Magazine, and recognized by as one of "The World's Most Innovative Companies,” Client has over a half-million clients around the globe and
  • 65 years of experience as one of the largest providers of human capital management solutions world-wide.
  • At Client, we believe that diversity fuels innovation.
  • Client is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, non-job related physical or mental disability, or protected veteran status.
  • We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

Our client is a leading  Insurance  Industry and we are currently interviewing to fill this and other similar contract positions. Qualified candidates should apply online for immediate consideration.