Job Information
Hancock Bank Retirement Plan Services Administrator 1 R013896 in Gulfport, Mississippi
This is a job for a Retirement Plan Services Administrator 1 with a company located in the Gulfport, MS area.
Job Summary: Retirement Plan Services Administrators provide administrative services and support to Relationship Managers and clients within Trust Retirement Plan Services.
Responsibilities: Supports RPS RM in the design, implementation, and management of their retirement plans in accordance with the terms of the plan document. Provides participant support and/or conduct participant education and enrollment meetings under the supervision of the RM or more senior Administrator. Assists the RM in conducting relationship, investment, and plan reviews with clients to ensure the plan design and the fund menu are consistent with the client's goals and needs. Serves as the administrative contact for clients and third-party providers in the servicing of client accounts and relationships. Performs and/or monitors daily transactions required in the administration of various client relationships and accounts. Performs account opening, closing and related processes for all Retirement Plan Services accounts. Organizes and maintains files and prepares correspondence and reports as needed. Reviews/studies plan documents to gain a full understanding of plan provisions. Assists with annual account reviews and prepares monthly Trust Administrative Committee packages. Keeps current with all laws and regulations applicable to primary Trust function (i.e. IRS, DOL). Consults with Relationship Managers regarding more complex issues. Serves as a liaison between Trust Administration and other bank departments. May serve as backup to Trust receptionist periodically for vacation, illness, and lunch breaks. Attends Trust school and continuing education/training classes. Performs all other duties and special projects as assigned. Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
Qualifications: High school education REQUIRED; bachelor's degree in business, Finance, or Accounting Strongly preferred. 4+ years of experience in Employee Benefits administration. An equivalent combination of education and related experience or training may be considered. Basic knowledge of Trust Administration and operations. Experienced level of understanding of Employee Benefits laws and administrative procedures.
Equal Opportunity Employer -- minorities/females/veteran/other individuals with disabilities/Sexual orientation/gender identity.