Consultant, Technical Financial Services (Retirement Plans Document & Design)
About The Position
Our work helps people retire more successfully, with products and services that support financial well-being of retirement plans and their participants. With strong teamwork and an outstanding culture, we combine technical expertise with relationship management to create better futures for these plans. If you are ready to put your knowledge of financial products and services to use, can anticipate and tackle challenges and provide outstanding customer service, we want to know more about you! As a Consultant, you'll serve as a member of the Technical Services help desk for wholesalers and advisors. You will consult on plan design, ERISA issues, the Nationwide platform and its bundled offering. You'll use technical knowledge to help the Sales organization close business and service existing plans.
Requirements
- Undergraduate studies in business, marketing, economics, finance or related field preferred.
- FINRA Series 6 license required.
- Minimum of six years of experience in retirement plans.
- Strong understanding of Nationwide's pricing models and advisor compensation structures to respond to questions and build solution sets for advisors and wholesalers.
- Must have excellent written and verbal communication skills.
- Ability to explain sophisticated regulatory concepts in easily understood terms both written and verbal.
- Ability to use this skill to help close business as part of sales presentations
Responsibilities
- Consults with wholesalers, advisors and plan sponsors on complex retirement plan design options for target customers and existing plans.
- Assists New Business organization by helping advisors and plan sponsors understand Nationwide's closing paperwork and retirement plan documentation.
- Responds to questions that arise during the process of signing this documentation.
- Participates in finalist sales presentations when requested providing deep knowledge of Nationwide platform, bundled offering and its capabilities and policies and ERISA retirement plan provisions.
- Persuasively tell the bundled value proposition to assist in closing the sale.
- Educates plan sponsors and financial professionals on meaning and purpose of Nationwide closing documents and plan sponsor plan documentation.
- Responds to inquiries regarding sections and variables within the documents to facilitate the signature process.
- Explains impact of making changes to documents and paperwork from a regulatory, service, and pricing perspective.
- Responds to inquiries from wholesalers and financial professionals on ERISA provisions related to qualified retirement plans (IRC Section 401), 403(b), 457, Defined Benefit and Cash Balance plans.
- Understands, explains and responds to inquiries on Fiduciary responsibilities relevant to retirement plans.
- Assists financial professionals and plan sponsors in identifying and accessing necessary existing plan documentation needed by Nationwide on takeover plans.
- May performs other responsibilities as assigned.
Benefits
- medical/dental/vision
- life insurance
- short and long term disability coverage
- paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
- nine paid holidays
- 8 hours of Lifetime paid time off
- 8 hours of Unity Day paid time off
- 401(k) with company match
- company-paid pension plan
- business casual attire
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
