Job Description

PA0220 Erie - 8th & State

The Retirement Plan Administrator is responsible for the administration of the employee benefit (pension and profit sharing) function of the Trust division and advises individual and corporate clients concerning the design and administration of pension, profit sharing and other employee benefit trust plans . This position also assists in the development, installation and administration of assigned plans, prepares and submits government reports, provides such services as disbursing payments to employees or retirees, and participates in the development of new business from existing or prospective clients.

Essential Functions
• Administer client and employee benefit trust accounts
• Develop and retain exist participant plan distributions
• Advise clients regard design / administrations of employee benefit accounts
• Analyze and Interpret legal documents to determine the best course of action to follow in the management of individual and corporate accounts
• Assist with installation and administration of each plan
• Assist with internal education and development of employee benefit plans
• Develop new business from exist accounts
• Keep informed on policies, laws, legal and tax consequences of specific plans
• Oversee participant educations services (market, price, design)
• Develop and implement internal systems
• Initiate and author client correspondence
• Ensure compliance with Trust policies and procedures
• Schedule client meets on periodic basis
• Conduct regular customer reviews as required
• Review financial / investment markets daily
• Coordinate customer documentation and agreements
• Manage personal workload/work flow
• Assist with setting personal goals and targets
• Cultivate potential referrals from exist accounts
• Analyze accurate customer needs
• Recommend investment / trust alternatives
• Perform presentations / meetings with prospects
• Finalize new agreements with customers
• Coordinate and prepare information for RFP requests
• Cross sell other Bank products and services
• Recommend improvements to procedures
• Maximize technology tools available
• Assure accurate information passed to Trust Operations
• Oversee system coding on individual accounts
• Minimize departmental non-payroll costs
• Adhere to stated Trust department fee schedules
• Minimize non standard fee schedules

Additional Essential Functions
• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment

Additional Responsibilities
• Assisting with special projects as required
• Remain current on tax, regulatory and legal issues relating to Employee Benefits and/or Trust, works with new business officers and administrators

Safety and Health for those without supervisory duties
• Abide by the rules of the safety and loss prevention program
• Perform work tasks in a safe manner
• Report any and all injuries to supervisor
• Know what to do in case of an emergency

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education
Bachelor's Degree business or finance related

Work Experience
8 - 12 years relevant experience

General Supervisory/Manager Knowledge, Skills, and Abilities
• Ability to identify existing and potential problems, obtain and evaluate relevant information, identify possible causes of the problems, and suggest an alternative course of action including innovative or creative approaches
• Ability to allocate and effectively use information, personnel, time, and other resources necessary for implementation of Northwest’s strategic plans
• Ability to make decisions, render judgments, and take action on tasks within the scope of given authority in a timely fashion
• Ability to develop, evaluate, and implement alternative courses of action, based on correct assumptions concerning resources and guidelines, and support decisions or recommendations with data or reasoning
• Ability to present and express ideas and information effectively and concisely in an oral and/or written mode in a manner appropriate for the audience
• Ability to listen and comprehend what others are saying and facilitate the open exchange of ideas and information
• Ability to motivate and provide direction in the activities of others, appropriately assigning work and authority, in the accomplishment of goals; providing advice and assistance as required
• Ability to understand and appropriately apply procedures, requirements, regulations, and policies; maintain credibility with others on specialty matters

Additional Knowledge, Skills and Abilities
Ability to analyze financial data

Licenses and Certifications
Appropriate professional designation

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.