[Hiring] Defined Benefit Team Leader @Nova 401

Role Description

Nova 401(k) Associates is hiring a Team Leader for the Defined Benefit (DB) Team. This role leads Nova’s Defined Benefit Team and manages a team of actuaries and DB specialists with accountability for team performance, staff development, client service quality, and continuous improvement across DB and combo plan work.

• Train, coach, and develop junior staff; set goals; support performance reviews; help shape team policies; resolve complex service issues; strengthen core processes.
• Help the team deliver accurate, timely work while supporting Nova’s culture and business goals.
• Success in this role is measured primarily by the effectiveness, development, and results of the team.
• Manage a team of 10-15 actuaries and DB specialists, including oversight of service quality for internal and external combo plan clients.
• Champion Nova’s values and policies by modeling strong leadership and reinforcing expectations.
• Develop team members through ongoing coaching, training, feedback, and support throughout the year.
• Work closely with Nova’s Combo AM, Sales, and leadership teams and serve as an escalation point for complex DB and combo plan service issues.
• Keep current with new regulations and legislation as well as an awareness of proposed regulations and legislation.
• Assist with coordinating Nova’s annual broker cash balance plan external webinar.
• Oversee the DB plan termination process and help design a strategy to streamline that process.
• Build a team and process to efficiently and accurately complete distribution packages for the DB plans.
• Manage client special projects by coordinating priorities, communicating progress, and ensuring deliverables are completed accurately and on time.
• Other duties as required.

Qualifications

• 10+ years of retirement plan industry experience, including significant experience with defined benefit plans, cash balance plans, or combo plan administration.
• 5+ years of supervisory or management experience in the retirement plan field.
• Relevant retirement plan credentials preferred, such as NIPA, ASPPA, EA, ASA, or other actuarial or retirement plan credentials.
• Bachelor’s degree required; degree in actuarial science, mathematics, finance, accounting, business, or a related field preferred.
• Strong knowledge of ERISA, the Internal Revenue Code, Treasury Regulations, and nondiscrimination testing, including ADP/ACP, 415, 410(b), Top Heavy, and 401(a)(4) requirements.
• Ability to manage and prioritize workload towards weekly goals in a results-oriented team environment.
• Able to interpret provisions of pre-approved and individually designed plan documents.
• Strong research and analytical skills.
• Excellent written and verbal communication skills.
• Superior organizational skills.
• Flexibility, adaptability and ability to multi-task.
• High level of critical thinking.
• Committed to lifelong learning and coachable.
• Demonstrated ability to lead through others, coach technical staff, make decisions in complex client situations, communicate clearly with internal partners, and balance quality, timeliness, and team capacity.

Benefits

• Base salary range: $120,000-$150,000.
• Salaried, exempt.
• Medical, dental, disability, and life insurance.
• Paid time off.
• 401(k) plan with employer match.

Work Location/Hours

• Work from home.
• Must work from within the United States and be authorized to work for any U.S. employer.
• We will supply all necessary computer equipment.
• You may choose a start time between 7:30 am and 9:00 am Central Time.
• Expected to travel to Houston, TX, 3-4 times per year for leadership meetings and team-building activities.