ADMINISTRATOR MANAGER
The N.W.O. Electrical Administrators, Inc. have an immediate opening for an Administrator Manager. Preference will be given to early applicants.
N.W.O. Electrical Administrators, Inc. is the administrative entity for the Toledo Electrical Welfare Fund, and the Local No. 8, I.B.E.W. Retirement Plan (the "Plans"). The Administrative Manager is the executive responsible for the day to day administrative operation of the Plans and the management and supervision of the staff. Further, the Administrative Manager is responsible for the consultation and liaison with the Boards of Trustees of the Plans, and charged with the successful implementation and adoption of the Boards' directives and resolutions.
The Toledo Electrical Welfare Fund ("Health Fund") is a self-insured health plan that covers approximately 1,700 active members, 700 retirees, and eligible spouses/dependents. In addition, the Health Fund includes a Supplemental Fringe Benefit Fund, which provides medical reimbursement and other non-taxable flexible benefits such as dependent care reimbursement, and life insurance. Further, the Health Fund operates an Employee Retention Program that provides supplemental unemployment benefits to participants.
The Local No. 8, I.B.E.W. Retirement Plan (a defined contribution plan), with a 401(k) salary deferral component, has approximately 2,500 participants with total assets of $490,000,000.
RESPONSIBILITIES & ESSENTIAL JOB FUNCTIONS:
The Administrative Manager oversees all aspects of the Funds and has primary responsibility for implementing Fund Trustees' decisions. The Administrator is expected to exercise active leadership to improve the Funds' operations, including setting goals for office staff, informing the Board of Trustees of operating conditions, and maintaining effective relationships with participants, collective bargaining parties and professional advisors.
The Administrative Manager’s specific job functions include:
1. Benefits documentation, payments and communications consistent with the established rules and policies of the Funds, as well as applicable law;
2. Making sure that all legal filings and notices are completed accurately and submitted in a timely manner;
3. Administration of all phases of each Fund, including the determination of eligibility for and payment of benefits;
4. Collection of contributions and other income;
5. Tracking and preparing reports regarding plan assets, income and expenses; as well as retaining and maintaining data and records;
6. Preparing agendas, meeting materials and benefit applications/appeals for Board meetings;
7. Communicating and coordinating with Trustees, Plan professionals, participating local union, employers, participants and beneficiaries;
8. Maintaining an in-depth working knowledge of ERISA, IRS and DOL requirements;
9. Ensuring compliance with regulations, and coordinating with the Fund professionals to integrate new requirements into existing Plan documents, administrative processes and communications;
10. Reviewing participant communications and notices to ensure compliance with the Trustees’ directions and law, including SMMs and SPDs;
11. Hiring, supervising and managing staff to ensure Funds' policies and rules are efficiently carried out; and
12. Other projects and responsibilities requested by the Trustees.
DESIRED SKILLS, KNOWLEDGE AND ABILITIES
Professional level knowledge of employee benefits acquired through at least 8-10 years of experience in health and welfare plan and retirement plan administration, including at least 3-5 years of experience in the management of subordinate staff, or demonstrated equivalent applicable professional experience. Bachelor's degree preferred. Additional certifications, license, and graduate academic education, including Certified Employee Benefit Specialist, Masters in Business Administration, or Certified Public Accountant license are desired.
The successful candidate will possess the following qualifications:
• 5 or more years of broad-based experience in benefit plan administration, including significant senior-level Taft-Hartley management experience;
• Bachelor's Degree (advanced degree and/or CEBS certification preferred) or substantial accounting training and experience;
• The highest level of integrity and excellent judgment;
• Excellent interpersonal and communication skills, experience in managing employees;
• Experience with ERISA construction industry benefit plans and related legislative regulations; and
• Proficiency in the Microsoft Office Suite of products including Excel, Word and Power Point.
COMPENSATION
Compensation will be based on experience and qualifications.
APPLICATION
Click Apply Now below and submit: (i) a letter describing your interest in the position, (ii) your resume, (iii) three references (including contact name, company/fund name, contact’s phone number and email address), and (iv) salary requirements.
Finalists will be subject to a thorough background check and be required to pass a post-offer, pre-employment drug test.
Immediate applications are encouraged.
The Funds are an affirmative action, equal opportunity employers and encourage applications from all qualified candidates regardless of gender, race, ethnicity, age, sexual orientation, marital status, religion, or disability.