What are the responsibilities and job description for the VP, Non-Qualified Plan Administration, (hybrid Warrington, PA or remote) position at National Financial Partners?
Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit : .
Summary of the Role :
In this Vice President role, you will be responsible for the Non-Qualified Deferred Compensation Recordkeeping & Administrative practice for NFP's Executive Benefits Division. The group administers and maintains the records for a growing group of corporate clients which includes 409A, 457(b), 457(f), LTIP and SERP plans. Currently, 600 plans reside on the Administration platform with new plan sales of 50 60 per year. You will have aprox 3-5 leadership-level direct reports with oversight of a team of approximately 30 staff members. You will have an overarching focus on support and retention of client base, providing outstanding client service, platform efficiency, risk management and positioning team and platform for ongoing growth. Career pathing within the team and practice is a significant priority.
This is a full-time role with the flexibility of a hybrid work schedule from our Warrington, PA office. We will consider a remote role for highly qualified candidates, but it will be ideal for you to have some availability to work alongside leadership in this office as required.
Essential Duties and Responsibilities :
- Oversee and manage a team of Plan Managers, Retirement Plan Specialists & Client Service professionals
- Establish and monitor procedures and policies designed to ensure transactional accuracy
- Ensure operational objectives conform to established and contracted service standard parameters
- Analyze structural integrity of processes and controls in order to reduce or eliminate risk to the organization
- Specifically oversee :
- Payroll & contributions processing
- Participant distributions
- Participants rebalance requests
- Quarterly statement production
- Monthly plan reconciliations
- Sponsor reporting
- Dividend and other realized gain processing
- Annual plan enrollments
- Other
Supervisory Responsibilities
Other Responsibilities Include, but are not limited to :
KNOWLEDGE, SKILLS, and ABILITIES :
What We Offer
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
The base salary range for this position is $104,000 $150,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. The actual base salary offered will be determined on a case-by-case basis and commensurate with experience and knowledge of the required plans. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.
Salary : $104,000 - $150,000
