Plan Administration Analyst

Pay Range: $60,450.00 - $81,302.00

Creates Plan documents and any necessary amendments or notices.

Education and Experience:

• Bachelor's degreeand five (5) years' related experience or equivalent combination of education and experience
• Prior experience with client and vendor relationship management is preferredc
• Qualified 401(k) Administrator (QKA) or Qualified Pension Administrator (QPA) certification preferred

Skills and Abilities:

• Must understand key plan design, compliance and fiduciary role related topics with respect to 401(k) Plans.
• Knowledgeable about the retirement plan industry and insurance/mutual fund market.
• Demonstrated in depth knowledge of ERISA laws governing qualified retirement plans and the retirement plan industry.
• Must be able to expertly develop and deliver meaningful presentations to a wide variety of audiences.Ability to read and interpret documents such as procedure manuals and technical procedures.
• Excellent, professional written and verbal communication and interpersonal skills.
• Ability to write routine reports and correspondence.
• Ability to speak effectively with both internal and external contacts.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Strong proficiency in MS Office products and experience with spreadsheets, database management and present

Tasks Performed:

• 70% Maps Plan document provisions for newly converted Plans and offers recommended changes. Prepares necessary Plan restatements and amendments.
• 10% Acts as a lead for production of participant and plan notices including Safe Habour and Automatic Enrollment.
• 10% Is an internal resource for document related questions with respect to Plan operation/administration.
• 5% Provides recommendations of system enhancements that pertain to plan document and compliance testing preparation.
• 5% Performs other duties as assigned.

Physical Requirements:

• Communicate effectively with internal and/or external customers
• Stationary 75% of time or greater
• Move Objects to Maximum 10 lbs

Why Work at NBT

At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community – because your success drives our success. 

Wellbeing 

At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally. 

Community Involvement 

NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace. 

Culture 

NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued. 

Career Development 

Whether you’re just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential. 

Total Rewards 

NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives – ensuring you feel valued every step of the way.   

Business Stability 

NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan. 

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.