Benefits Administrator

First National Bank Of PennsylvaniaPittsburgh, PA
9dOnsite

About The Position

This position is primarily responsible for collaborating with the Manager of Benefits to design, implement, monitor, administer and modify, as necessary, a wide range of company-provided benefits to F.N.B. employees. This includes assisting in devising communication packages and programs in written form, writing the material and conducting employee and retiree meetings designed to provide information on benefit design and administrative processes and, when directed by management, to negotiate terms, conditions and pricing of benefit administration with third party vendors.

Requirements

  • BA or BS
  • Minimum 5 years of Job Related Experience
  • Excellent customer service skills
  • Excellent communication skills, both written and verbal
  • Ability to use general office equipment
  • Ability to use a personal computer and job-related software
  • MS Word - Intermediate Level
  • MS Excel - Intermediate Level
  • MS PowerPoint - Basic Level

Nice To Haves

  • CEBS certification (or working toward CEBS certification) preferred

Responsibilities

  • Negotiates contractual agreements with third party vendors for renewal obligations.
  • Monitors contract compliance and recommends corrective actions when necessary.
  • Manages the Deferred Vested retirement calculations to ensure accuracy.
  • Prepares and updates pension changes for Towers Watson in preparation of annual valuations presented to Pension Committee.
  • Monitors trends in benefits best practices and advises on potential changes in F.N.B. programs.
  • Also maintains up-to-date understanding of legal compliance issues and participates in discussions concerning how to ensure legal compliance status.
  • Assists the Manager of Benefits with respect to department personnel issues including training of staff and serving as a mentor and resource for less experienced staff, providing input for annual employee appraisals and department budgeting.
  • Conducts employee and retiree educational meetings as often as necessary to ensure employee and retiree understanding of benefit plan design and administrative processes.
  • Manages benefit communications to employees and retirees.
  • Maintains all plan documents to ensure ERISA compliance is current, including plan amendments.
  • Provides recommendations to management on methods to improve efficiencies in the delivery of benefits programs and maintenance.
  • Performs other related duties and projects as assigned.
  • All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
  • F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.
  • Compliance with regulatory laws and company procedures is a required component of all position descriptions.
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