[Hiring] Trust Administrator I / II @PRIME PENSIONS INC

Role Description

The Trust Administrator I / II is responsible for the financial reconciliation and trust accounting functions associated with qualified retirement plans. This position reconciles plan assets and financial activity, prepares financial statements and participant allocation reports, supports annual Form 5500 reporting, and identifies discrepancies or issues requiring additional review.

The level at which a candidate is hired will be based on relevant retirement plan, trust accounting, bookkeeping, or financial reconciliation experience, as well as demonstrated technical knowledge and ability to independently manage assigned work.

Qualifications

• Trust Administrator I:
• High school diploma or equivalent required.
• Associate's or bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
• One (1) to three (3) years of experience in accounting, bookkeeping, financial reconciliation, retirement plan administration, or a related field preferred.
• Relevant education or coursework may be considered in combination with professional experience.
• Trust Administrator II:
• High school diploma or equivalent required.
• Associate's or bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
• Three (3) to six (6) years of relevant accounting, bookkeeping, trust accounting, financial reconciliation, or retirement plan industry experience.
• Demonstrated ability to independently complete trust accounting and reconciliation assignments with limited supervision.
• For Both Levels:
• Strong mathematical and analytical skills supported by professional experience and/or relevant coursework.
• Retirement plan or TPA industry experience is preferred.
• Experience reconciling financial or investment accounts is strongly preferred.

Requirements

• Working knowledge of general accounting and reconciliation principles.
• General knowledge of ERISA and qualified retirement plans, or the ability to develop such knowledge through training.
• Strong mathematical, analytical, and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Ability to analyze financial information and identify discrepancies.
• Ability to research reconciliation issues and develop accurate and detailed solutions.
• Ability to interpret plan, financial, and technical information and utilize available resources to complete assignments.
• Ability to work independently while appropriately escalating complex or unusual matters.
• Strong organizational and time-management skills with the ability to manage multiple assignments and deadlines.
• Ability to work efficiently and accurately in a deadline-driven environment.
• Proficiency with Microsoft Office applications, particularly Excel and Word.
• Ability to learn and effectively utilize retirement plan administration, workflow, and financial reporting systems.
• Strong written and verbal communication skills.
• Strong interpersonal skills and ability to collaborate effectively across teams.
• Ability to meet established productivity, quality, and turnaround expectations.

Benefits

• Full-time, non-exempt position.
• Hourly pay range of $23.00 – $30.00 per hour, with starting pay based on position level, experience, qualifications, and other job-related factors.
• Eligible for Company-sponsored benefits available to full-time employees, including health benefits, voluntary benefits, and participation in the Company's 401(k) plan, subject to applicable plan terms and eligibility requirements.

Company Description

Prime Pensions, Inc. is a well-established retirement plan administration and actuarial firm specializing in 401(k), profit sharing, defined benefit, and other qualified retirement plans for employers across the United States.

Since 1975, Prime Pensions has provided customized retirement plan solutions with an emphasis on technical expertise, accuracy, and personalized service. Our team supports a wide variety of plan designs and investment arrangements while maintaining comprehensive oversight and quality standards throughout the administration process.

Prime Pensions has been recognized as a leading defined contribution plan administrator and as one of NJBIZ's Best Places to Work in New Jersey.