Nova 401(k) Associates

Retirement Plan Distribution Specialist

Nova 401(k) Associates  •  Remote  •  3 hours ago
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Job Description

Are you a detail-oriented professional who enjoys helping people, managing financial transactions, and ensuring work is completed accurately the first time?

Nova 401(k) Associates is seeking a Retirement Plan Distribution Specialist to join our growing remote team. In this role, you will process retirement plan distributions and loans, communicate with participants and plan sponsors, and help ensure retirement transactions are completed accurately and efficiently.

This position is an excellent fit for professionals with experience in banking, credit unions, financial services, payroll, benefits administration, insurance, loan processing, mortgage servicing, or other detail-oriented operations environments.

Retirement industry experience is not required. We provide extensive paid training and ongoing professional development opportunities.

Job Responsibilities:

  • Process retirement plan distribution and loan requests from start to finish
  • Review documentation for accuracy and completeness
  • Prepare distribution and loan packages, including vesting verification for applicable plans
  • Identify loan defaults and Required Minimum Distributions (RMDs)
  • Communicate with participants, plan sponsors, financial advisors, and recordkeepers regarding requests and status updates
  • Research and resolve participant and client inquiries
  • Maintain accurate records and workflow updates within internal systems
  • Serve as a backup for participant service phone support
  • Assist with data entry and other operational support functions as needed
  • Maintain an understanding of retirement plan distribution and loan provisions
  • Complete industry certifications, including NIPA's Distribution Administrator and Loan Administrator programs
  • Stay current on cybersecurity, compliance, and company procedures
  • Build strong working relationships with plan sponsors, vendors, and internal team members
  • Perform other related duties as required

Qualifications:

  • Bachelor’s degree or 2+ years of professional experience in financial services, benefits administration, insurance, or similar detail-oriented operations role
  • Bilingual candidates are encouraged to apply
  • Strong attention to detail and organizational skills
  • Excellent written and verbal communication abilities
  • Ability to work independently in a remote environment
  • Strong time-management and prioritization skills
  • Experience with PensionPro, Corbel or retirement plan administration is a plus

Compensation and Benefits:

  • Base Hourly Pay: $23-$25 per hour, based on experience and qualifications
  • Paid training and professional development

Work Location/Hours:

  • Work from Home
  • Must work from USA and be authorized to work for any US employer
  • We will supply all necessary computer equipment
  • 40 hour work week, 8 hours per day, Monday-Friday

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Nova 401(k) Associates

About Nova 401(k) Associates

Nova 401(k) Associates provides third party administration services for 401(k) plans and actuarial services for defined benefit and cash balance plans. In this dog-eat-dog world, we give clients and financial advisors the resources and knowledge they need to make informed decisions and run retirement plans successfully.

At Nova 401(k) Associates, we understand your 401(k) plan is a small part of your business. And while your 401(k) plan may seem like a little detail, if you either don’t structure your plan correctly or aren’t proactive in managing it, your 401(k) plan can become a big headache. We fully understand the ins and outs of the 401(k) industry, so we don’t waste your time or money when it comes to creating an efficient 401(k) plan.

The best way for us to serve our clients, is to understand their business. It’s the only way we can tell you what you need to know. Our account managers are skilled at listening to clients and asking the right questions to get to the client’s real goals, issues and problems, so that we can correctly consult without making inaccurate assumptions.

When it comes to 401(k) plan expertise, we cut through the clutter and spare you the information overload. Our account managers are critical thinkers and understand the importance of clear, consistent communication. They talk to our clients and partners in a language they understand. At Nova 401(k) Associates, we offer actionable solutions instead of theoretical approaches.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
Houston, TX
Year Founded
2000
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