Job details

Plan Administrator

Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive.Job Summary: NQ Plan Administrator is an integral part of the client services team that plans, develops, delivers and services clients’ corporate non-qualified plans.Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.• Perform duties to implement, track, monitor, and maintain client non-qualified benefit plan accounts, fund investments and distributions.• Responsible for developing and maintaining full understanding of day to day workflow processes required for client plans assigned.• Facilitate daily transactional activity with the Trustee and trading desk.• Serve as initial escalation point for participant call center inquires, and has responsibility for responding in accordance with published standards while acting as a liaison with the client and Newport to ensure accuracy of plan recordkeeping and data.Management Responsibilities• NoneRequired Education, Experience and Certificates, Licenses, Registrations• Bachelor’s degree in a business related field or industry experience, or a combination of education and industry experience.• 2+ years’ experience working in a related position in the retirement services sector.• Strong MS Office skills to include Excel, Word, PowerPoint, and Adobe.• Have the ability to work under pressure in a very fast paced environment and demonstrated track record of consistently meeting and/or exceeding performance expectations.Preferred (but not required) education or skills for this role• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.• Ability to write reports, business correspondence, and procedure manuals.• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.• Ability to apply advanced mathematical concepts utilizing current spreadsheet and accounting database software programs.Competencies• Analytical• Avid Leaner• Detail oriented• excellent verbal and written communication skills• Planning and organizing• resourceful• team plalyer• Time ManagementOTHER DUTIESPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

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What You Should Know About Plan Administrator, Ascensus

Join Newport, an Ascensus company, as a Plan Administrator in Philadelphia, PA, and become a key player in helping employers provide their associates with a secure financial future. In this role, you will be part of a dedicated client services team that plans, develops, delivers, and supports corporate non-qualified plans. Your responsibilities will include implementing, tracking, monitoring, and maintaining client non-qualified benefit plan accounts, as well as overseeing fund investments and distributions. You will quickly become familiar with the day-to-day workflow processes necessary for the client plans assigned to you. Additionally, you'll facilitate daily transactions with the Trustee and trading desk while acting as the first responder to participant inquiries in a busy call center. Your ability to communicate effectively and provide accurate information will be critical in ensuring proper plan recordkeeping and data management. If you have a bachelor's degree in a business-related field or significant industry experience, along with over two years of experience in the retirement services sector, we want to hear from you! Your strong skills in MS Office, particularly Excel and Word, will be essential to your success. At Newport, we believe in being independent and responsive, and we're looking for someone who embodies these values. So, if you're ready to embark on an exciting career in retirement planning, apply now to help us make a difference!

Frequently Asked Questions (FAQs) for Plan Administrator Role at Ascensus

What are the primary responsibilities of a Plan Administrator at Newport?

As a Plan Administrator at Newport, you will be responsible for implementing, tracking, monitoring, and maintaining client non-qualified benefit plan accounts. You will also facilitate daily transactional activities, respond to participant inquiries, and ensure accurate plan recordkeeping, all while working closely with clients and the Newport team.