Vice President, Non-Qualified DC Plan Consulting
Job Description:
Fidelity is well known for its outstanding investment management and benefits outsourcing services. We also offer extensive benefits consulting services consisting of design, financing, delivery and communication of all employee benefit programs at the same high level of quality and expertise that you expect from Fidelity. We are reinventing the consulting experience for our clients through our dedication to responsiveness, expertise and accuracy.
The Expertise and Skills You Bring
- Bachelor's Degree
- 12+ years of experience in retirement benefits industry and/or consulting to large companies
- QKA, QKC, CPA, JD (ERISA or similar specialty) or credentialed actuary (a plus)
- Outstanding teamwork skills and ability to professionally influence others across groups
- Strong critical thinking and problem-solving skills
- Excellent oral and written communication skills
- Proven leadership ability
- Keen interest and dedication to help others succeed
- Expert knowledge in qualified and non-qualified defined contribution plan design and compliance/taxation issues, legislative and regulatory requirements (ERISA/IRS/DOL), and plan administration, including plans with auto-enrollment and safe harbor design features
The Purpose of Your Role
As a Vice President in Workplace Consulting (Retirement, Qualified & Non-qualified Defined Contribution Consulting) you will be responsible for consulting with large clients on strategies to align retirement benefit programs with business objectives and goals. This includes facilitation of sophisticated strategy discussions with clients to understand their business as well as providing oversight on project implementation and delivery. Additionally, you'll be involved with new business development in multiple capacities including: 1) penetrating the regional market, 2) creative solutioning for new and prospective clients to the firm, 3) supporting business proposals and articulating Fidelity’s non-qualified service offering and capabilities and 4) cultivating existing client relationships. While working in a collaborative and dynamic work environment, you will have an opportunity to apply your leadership skills to help engage associates and encourage a satisfying and productive work atmosphere.
Experience & skills associated with non-qualified design, trends and funding options / strategy are an important focus in this role.
The Value You Deliver
- Leading new business efforts including collaborating cross-practice and across Fidelity to secure additional revenue for Workplace Consulting and the broader organization
- Crafting sustainable and profitable client relationships
- Ensuring and championing quality of work delivered to clients
- Consulting on a wide variety of benefit topics, employee/retiree educational issues and anticipating changing client needs, with a focus on defined contribution programs
- Contributing to thought leadership on behalf of Fidelity and Workplace Consulting
- Working with other practices in Workplace Consulting and across Fidelity to identify new opportunities and deliver integrated solutions
- Mentoring associates within the Retirement practice and cross-practice
- Involvement in the effort to interview/hire new associates
- Remaining current on legislative and technical requirements
The Team
The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication and delivery. Most of our team comes from other leading consulting firms. While we focus on working with the Fortune 1000, we also work with Fidelity clients of all sizes. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting
The base salary range for this position is $124,000-$262,000 per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.