National Financial Services Firm to Open Tucson Office, Hire 170 | Tech Parks Arizona
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National Financial Services Firm to Open Tucson Office, Hire 170

Gabriela Rico

Ascensus

A national financial-services firm that specializes in retirement, college and health-care savings is opening a Tucson office with plans to hire up to 170 associates.

Ascensus, based in Pennsylvania, will open its office at the UA Tech Park at Rita Road, on the city’s southeast side.

Tucson was selected as the site of its new office, following a national search, because of the city’s workforce and the facilities at Tech Park.

The time zone will also allow Ascensus to add more clients in the Pacific Time Zone, said Roberta Hess, vice president of marketing and communications. It is the company’s first location in the West.

Positions to be filled include service-center representatives, actuaries, account managers and software developers.

The average salary is about $42,000, Hess said, and the company will initially hire about 50 people and is to open in mid-2017. Most positions will require a bachelor’s degree.

“Tucson is experiencing incredible economic growth as a result of industry-leading companies like Ascensus creating hundreds of high-quality jobs in the region,” Gov. Doug Ducey said in a statement. “We could not be more pleased to welcome Ascensus to Arizona and congratulate them on their success.”

Founded in 1975, the company specializes in record-keeping, administrative and program-management services. It supports more than 46,000 retirement plans and 3.8 million 529 college savings accounts.

“We have absolutely enjoyed working with the community leaders we’ve met so far and we are looking forward to moving into the community,” Hess said.

Bruce Wright, associate vice president and chief executive officer of Tech Parks Arizona, said Ascensus will lease the second floor of an existing building, about 22,000 square feet.

“We look forward to our future growth together,” he said.

The company offers in-house training, tuition reimbursement, medical, dental and vision benefits, health-savings accounts, 401(k) and 529 match programs and has a business-casual dress code.

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