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Senior Benefits Administrator

First Hill Trust Company

in Seattle WA / Hybrid

Summary/Objective:

The Senior Benefits Administrator will work in the company’s administration department which processes transactions for retirement plans and conducts annual compliance testing/filings for Defined Contribution plans.  A Senior Benefits Administrator may lead a team of Benefits Administrators.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Independently manages a case load of Defined Contribution Plans.
2. Attends meetings with Board of Trustees, participants, and employer representatives.
3. Able to provide advice and consulting on complex retirement plan issues.
4. Familiarity with ERISA, IRS and DOL regulations governing qualified retirement plans.
5. Plan design consulting.
6. Able to understand and interpret retirement plan documents (advanced level).
7. Typically has an ASPPA, NIPA or CEBS designation or equivalent experience.
8. Daily trading and reconciliation.
9. Contribution processing, including processing payroll contribution files.
10. Distribution and loan processing.
11. Contribution reconciliation.
12. Customer support, including answering phones and email inquiries.
13. Assist with plan conversions.
14. Meet dept standards for customer service, timing, and quality (i.e. accurate verification of confidential information, maintaining record keeping and compliance with Federal and State Statutes and Regulations, etc.).
15. Prepare and audit reports in accordance with established guidelines, timelines, etc.
16. Prepare and transmit files internally and externally.
17. Managing complex filing systems.
18. Conduct annual compliance and nondiscrimination testing.
19. Prepare necessary tax forms (5500, 8955-SSA, 5330, etc.), including providing audit support.
20. Retirement plan accounting.
21. Other duties or assignments which may be necessary from time-to-time.

Required Education, Experience, and Licensing:

1. Bachelor’s degree in business, accounting, or other relevant field.    Five additional years of highly relevant work experience may be substituted for the degree.
2. Certification is a strong plus.

Other knowledge, skills, and abilities:

1. Extremely high attention to detail.
2. Knowledge of Defined Contribution plans strongly preferred.
3. Knowledge of Schwab Retirement Technologies (SRT) platform strongly preferred.
4. Excellent phone and email etiquette.
5. Ability to edit and audit content for accuracy.
6. Professional interpersonal communication (verbal & written).
7. Ability to meet deadlines and work in time sensitive environment.
8. Critical thinking.
9. Proficient with numbers and accounting.
10. Self-motivated, self-directed work style.
11. Advanced Excel skills.

How to Apply

To apply, please send a résumé and cover letter to bmullin@baclink.com.

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