Retirement Plan Specialist I

This position is located at our Billings, MT Heights branch.

What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependent(s).
• Exercise reimbursement program for employees.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY
The Retirement Plan Specialist I is responsible for overseeing retirement plan administration and record keeping, ensuring compliance with legal documents, reporting requirements and government regulations, and policies. This position works within a broad Wealth Management team environment in support of a differentiated experience for retirement plan client relationships.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Oversees day-to-day retirement plan administration of client plans, including record keeping and compliance testing.
• Provides proactive client service to include plan design consultation, research, and analysis of plan structure and service utilization to meet employer goals. Provides continuous education of fiduciary responsibilities and applicable regulations to employer sponsors.
• Oversees coordination of information flow for required audits and that the Form 5500 is filed within timeframes, as prescribed by the service model.
• Assures all IRS, DOL and ERISA regulatory reports and disclosures are filed timely, properly, and in accordance with the model.
• Manages retirement plan relationships, in accordance with the service model, to comply with legal governing documents; assures all required plan documents are current.
• Supports growth of the department through participation and monitoring of progress for new plan establishment and transition, while being a resource for questions.
• Coordinates education sessions for new business.
• Coordinates delivery of education programs to meet employer goals and objectives; may participate in delivery of group education sessions.
• Oversees preparation of client meeting materials; participates in client meetings through team delivery and as defined in department service standards. Maintains active calendaring and communication activities with team members in support of client relationships.
• Acts as a technical resource for clients and relationship team; keeps current on regulatory activity that could provide value to our clients.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS AND ABILITIES

• Ability to communicate effectively in writing and in meetings and/or presentations.
• Ability to work well within a team environment is critical.
• Ability to build strong client relationships is critical.
• Project management and organization skills.
• Ability to properly prioritize workloads and remains adaptable under pressure.
• Detail-oriented and have strong analytical skills.
• Organized and self-starter.
• Knowledge of Windows operating system, Microsoft Office Word, Excel, and PowerPoint.
• Knowledge and experience with qualified retirement plans.
• 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, clients, and the general public.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• 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.

EDUCATION AND/OR EXPERIENCE

• High School Diploma or General Education Degree (GED) required
• Bachelor's Degree preferred
• 1-3 years retirement plan administration experience preferred

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Sitting - Frequently
• Standing - Occasionally
• Noise Level - Moderate
• Typical Work hours - M-F (8-5)
• Regular and Predictable Attendance - Required
• as needed Travel