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Job Summary

Company
Milliman Inc
Location
Portland, OR 97204
Industries
Banking
Business Services - Other
Financial Services
Job Type
Full Time
Employee
Years of Experience
1+ to 2 Years
Education Level
Bachelor's Degree
Career Level
Experienced (Non-Manager)
Job Reference Code
16217-E

Defined Contribution Analyst - 401(k) Analyst - 16217-E

About the Job

ABOUT US





 


Milliman is among the world's largest independent actuarial and consulting firms, with revenues of $585 million in 2008.  Founded in Seattle in 1947, we currently have 49 offices in key locations worldwide.  Our staff of 2,100 people includes more than 1,100 qualified consultants and actuaries.  We are owned and managed by approximately 300 principals - senior consultants whose selection is based on their technical, professional and business achievements. 


 


Through consulting practices in employee benefits, healthcare, investments, life insurance and financial services, and property and casualty insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations.  In addition to our consulting actuaries, Milliman's body of professionals includes numerous other specialists, ranging from clinicians to economists.


 


Despite our impressive growth over the past six decades, we still operate according to the guiding principles of our founders, Wendell Milliman and Stuart Robertson.  We retain their rigorous standards of professional excellence, peer review and objectivity.  We remain committed to developing innovative tools and products and providing expert solutions.  And we continue to earn our clients' trust by keeping our focus fixed on their business objectives.


 


For more information on careers at Milliman, visit www.careers.milliman.com .


 




You will work within the Defined Contribution Group in downtown Portland, Oregon, providing administration, regulatory compliance, and customer service for our clients’ 401(k)/ profit sharing and other defined contribution plans.  This could include but may not be limited to the investment of new employee contributions, daily reconciliation of trust assets to participant accounts, the administration and execution of employee requested loans and withdrawals, and plan setup services. 



 


Flexibility and desire to work in a constantly changing environment is a must.


 


REQUIREMENTS:




  • Four-year college degree


  • One to five years experience as a Defined Contribution Analyst / 401(k) Processor / Defined Contribution Plan Administrator / Defined Contribution Compliance Specialist


  • Proficiency with Microsoft Word, spreadsheets and e-mail software


  • Strong math skills (add, subtract, multiply, divide, ratios, percentages, algebra)


  • Must pass a pre-employment criminal background check


  • Must be authorized to work immediately in the U.S.

 


PREFERRED:



  • One to five years experience with Omni or Relius pension administration systems
  • Excel and Access software skills

 


JOB DUTIES:




  • Process employee-requested loans and withdrawals


  • Process new employee contributions


  • Reconcile trust assets to participant accounts


  • Perform compliance testing and prepare Form 5500 and related Schedules


  • Assist with plan setup services

 


Please include a cover letter referencing Position 16217-E and giving a brief summary of your Defined Contribution plan administration experience, qualifications and salary requirements. 


 


BENEFITS:


 


Milliman offers excellent benefits to our employees.  Your benefits will include:




  • 37.5 hour work week



  • PTO (PAID TIME OFF) PLAN.  You will accrue three weeks Paid Time Off annually, at a rate of 9.375 hours per month, 15 days per full employment year.  This is employee-managed time to be used for vacation, sick leave, appointments, etc. at your discretion and the discretion of your manager.  This offers flexibility in how you use the time.



  • COMPREHENSIVE MAJOR MEDICAL HEALTH PLANS.  We offer a choice between Kaiser and Premera Blue Cross Blue Shield.  Cigna is our dental provider.  You become eligible for coverage on the first day of the month following your date of employment.



  • 401(k) or ROTH 401(k) PLAN.  You become eligible to participate in the 401(k) savings plan with company matching contribution upon your date of hire with Milliman.  Matching contributions are 50% of an employee's deferral, up to a maximum employer match of 3%.   If you prefer, part or all of your 401(k) deferral may be made to our Roth 401(k) savings plan.  With a Roth 401(k) plan, income tax is paid now rather than when the benefit is paid to you.



  • PROFIT SHARING AND RETIREMENT PLAN.  You will be automatically enrolled on the first of the month coincident with or following six months of employment at Milliman in our profit sharing and retirement plans.



  • CAFETERIA PLAN.  We offer flexible spending accounts facilitating pre-tax payment of medical/dental expenses and/or dependent care expenses.



  • LIFE INSURANCE.  We provide life insurance equal to three times your base salary, with optional supplemental coverage (employee paid).



  • EMPLOYEE ASSISTANCE PROGRAM (employer paid).



  • LONG TERM CARE INSURANCE (employee paid).

 


KEYWORDS:


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Contact Information

Milliman Inc