What are the responsibilities and job description for the Executive Director - Multiemployer Benefit Plans position at Electrical Workers Local 369 Benefit and Retirement Funds?
The Electrical Workers Local 369 Benefit and Retirement Funds (the “Funds”), located in Louisville, Kentucky, are actively seeking a dynamic and experienced Executive Director. This key role reports directly to the Boards of Trustees and is responsible for overseeing all aspects related to the administration of two (2) multiemployer benefit trusts, including a health plan and a 401(k) plan. The ideal candidate will be a seasoned benefits administration professional with a proven track record of leadership and the ability to drive a team towards excellence with minimal supervision. This is a full-time, onsite position that demands a hands-on approach and a commitment to operational excellence and providing superior service to the Funds’ stakeholders.
The Funds serve approximately 3,600 active members and 150 retirees and beneficiaries, managing assets of approximately $576 million. The Executive Director has overall executive responsibility for the operational, technical, and organizational administration of the Funds, ensuring compliance with all plan documents and relevant local, state and federal statutes, regulations and requirements. This role involves developing, implementing, and monitoring policies, procedures, and standards to guarantee the prompt and accurate delivery of benefits to participants.
In this position, the Executive Director represents the Funds in all aspects of leadership, management, business planning, public relations, and negotiations, as determined by the Boards of Trustees. The Executive Director will spearhead the strategic business, financial and technology initiatives of the Funds, setting goals, directing, and motivating the Fund Office staff and collaborating effectively with the Boards of Trustees, Union, Employers, professional advisors and colleagues at all levels both inside and outside the organization.
Key Responsibilities
- Oversee and monitor the day-to-day administration of benefit plans and accounting functions to ensure financial and operational accuracy and compliance.
- Oversee management of seven (7) collectively bargained staff members and provide vision, leadership, guidance, and motivation to staff.
- Ensure appropriate staffing levels are maintained and utilized effectively to accomplish the goals and objectives of the Funds. Responsible for both hiring and dismissal decision making.
- Participate actively with the Boards of Trustees in business planning processes and implement goals and objectives of the Funds.
- Work with the Funds’ systems and IT support vendors to develop an IT plan and ensure that adequate systems and technology are maintained to support the Funds’ recordkeeping, processing and customer service needs.
- Establish and monitor Fund Office policies, procedures, and standards to ensure the highest level of professionalism and prompt, accurate service to members and Employers.
- Oversee all financial matters related to the administration of the Funds and Fund Office, including oversight of building maintenance.
- Consult with outside professionals (e.g., auditors, attorneys, actuaries, investment managers, custodian, insurance carrier(s), etc.) on compliance requirement and other matters as needed.
- Oversee the development of communication materials for members and Employers. Responsible for effectively communicating Plan and policy changes to Fund Office staff, members, Employers, and the Union and service vendors, as applicable.
- Support participants through the retirement process, handle escalated or complex participant calls, and issues and coordinate appeals from members, beneficiaries or legal representatives.
- Coordinate, prepare materials for, and attend all Boards of Trustee meetings, including drafting of meeting minutes. Attend other meetings as directed by the Boards of Trustees.
- Remain informed of all plan provisions for both Funds and maintain understanding of ERISA, IRC, PPACA, and HIPAA requirements and other areas of fiduciary responsibility. Work with Fund Office staff to ensure compliance with all appropriate regulations.
Requirements
The ideal candidate will meet the following requirements :
Special Skills or Credentials :
To Apply
In addition to a salary of $140,000 – $160,000 commensurate with experience, the Funds offer a comprehensive benefits package that includes fully employer paid health and retirement benefits and a paid time off policy. The Funds are an affirmative action employer and encourage applications from all qualified candidates regardless of gender, race, ethnicity, age, sexual orientation, marital status, religion, or disability.
To apply, please send your resume and salary requirements to atcresumes@segalco.com. Please include job reference code 0125369LI in the subject line or with your application.
Salary : $140,000 - $160,000