The National Rural Electric Cooperative Association (NRECA), with offices in Arlington, VA and Lincoln, NE is the trade association for over 900 consumer-owned electric cooperatives serving more than 42 million people. NRECA is committed to harnessing
the strength of America’s electric cooperatives into a single powerful voice. NRECA has won the following awards over the past few years:
Top Workplace by the Washington Post
100 Best Places to Work - ComputerWorld
50 Best Places to Work - The Washingtonian
CARE Award Recipient - Recognizing organizations that promote a positive work-life balance
50 Greatest places to Work - AARP
Best Place to Work Award Recipient -
Gold Well Workplace - Wellness Councils of America
State of NE Governor's Wellness Award - Grower Level
At NRECA, we work with people who are leaders in their fields, they are down-to-earth, hardworking
professionals committed to helping our members serve their communities. Our work is interesting and constantly evolving and requiring new skills to meet the evolving needs of a dynamic industry. In this collegial, inclusive work environment, united around
the compelling purpose and history of electric cooperatives, we thrive. And topping it off, NRECA cares about each person’s overall well-being, encouraging health, financial security, and a sustainable work/life balance.
Summary Provides consultation services to co-op management and boards of directors to administer and increase participation in NRECA’s nonqualified deferred compensation
program. This position interacts directly with C-suite executives and HR professionals at member cooperatives to provide expert guidance on how nonqualified executive compensation plans can be used most effectively based on their related business /
tax objectives. These plans include performance incentive and salary deferral plans, as well as products to restore benefits restricted in qualified defined benefit and defined contribution plans. In addition, this position is accountable
for enhancing the overall reputation of NRECA by providing extraordinary customer service to many of the most influential decision makers at our member cooperatives.
Purpose and Mission
Manages an assigned region of
co-ops, based on field representative territories, with the goal of providing effective servicing of existing relationships, as well as expanding the deferred compensation program. Serves as the subject matter expert for co-ops and participants
across the nation in the area of nonqualified deferred compensation plan design and administration.
Prepares analyses and conducts presentations covering pension, 401(k) and executive compensation retirement products to NRECA leadership,
relationship management, CEOs and Boards of Directors.
Designs, develops and implements executive compensation and benefit restoration products to resolve business challenges facing our cooperative members with respect to attraction, retention and
rewarding of executives and key employees.
Monitors and evaluates the level and quality of comparable products and recommends strategies to manage an integrated qualified and nonqualified retirement product program geared toward cost-effective
account administration and ease of use.
Leads project teams across work units to complete goals related to the nonqualified deferred compensation program, such as running the annual invoicing process, the creation of annual pension accounting
reports for Executive Benefit Restoration Plans, tracking of administrative information and statistics, and the development of communications materials.
Requirements and Qualifications
Bachelor’s degree in
Accounting, business, finance or related field. Applicable Industry designation preferable (e.g., CEBS).
8 or more years of experience in retirement benefits and/or executive deferred compensation, or similar analytical role, retirement plan
Working knowledge of ERISA, IRS and DOL regulations and laws related to the defined contribution and defined benefit plan administration as demonstrated by prior work experience.
Must have strong communications, both
verbally and in writing, and the ability to simplify complicated concepts, while working with a diverse audience across the country, including employees, vendors, and coop members.
Experience developing and deliver presentations and training
workshops as demonstrated by prior work experience.
Ability to define issues, establish facts and draw valid conclusions and apply to work environment as demonstrated by prior work experience.
Must be able to manage competing deadlines
and multiple projects at various stages of development using effective organization skills and attention to detail as demonstrated by prior work experience.