Financial Planner - Retirement Solutions (Public/Government Sector)

Nationwide Mutual Insurance • Philadelphia, PA

11d • Onsite

About The Position

The Financial Planner supports the City of Philadelphia Deferred Compensation Plan, maintaining office hours three to four days per week at the plan’s downtown Philadelphia office on JFK Boulevard. The role supports Registered Representatives and Investment Advisor Representatives by using approved financial planning software to prepare written needs assessments and financial plans, helping deliver a consistent sales process and client experience and identify potential cross-sell opportunities.

The planner advises customers and sales representatives on retirement income plan development, product features and administrative procedures, and appropriate product recommendations. The role also prepares and presents financial plan alternatives, partners with Sales to advance open proposals, provides producer training, researches technical questions, and conducts retirement-planning seminars and presentations. It maintains regulatory compliance and detailed records of customer interactions, recommendations, and actions.

This position reports to a Director or Associate Vice President and has no direct reports. It is exempt and not eligible for overtime. Work is in a normal office environment with occasional travel as needed. A valid driver’s license and satisfactory driving record are required. A credit and/or background check is required as part of the selection process.

Requirements

• Bachelor’s degree in finance.
• Certified Financial Planner (CFP) designation.
• FINRA 6 license; the position description also states that the candidate must possess FINRA licenses 6/63/65 or 7/66.
• Two years of financial services industry experience specializing in financial planning.
• Obtain required federal and/or state licenses and registrations within the time period designated by the business unit; additional licenses or registrations may be required as products and services are implemented.
• Knowledge of Profiles, Money Guide Pro, or similar financial planning software.
• Valid driver’s license and satisfactory driving record in accordance with Nationwide standards.
• Meet credit and/or background check requirements.

Nice To Haves

• In-depth understanding of the industry, financial concepts, product knowledge, investment management, and client service strategies.
• Knowledge of investment products.
• Familiarity with property and casualty distribution.
• Superior analytical, organizational, research, initiative, and multitasking skills.

Responsibilities

• Advise customers and internal and external sales representatives on retirement income plan development, including product features, administrative procedures, and appropriate new product recommendations.
• Review and prepare comprehensive financial plans and needs-based assessments using approved financial planning software.
• Prepare plan alternatives and recommendations and frame plans for presentation or delivery to clients.
• Partner with Sales to track open proposals and help drive their status and outcomes.
• Develop and conduct producer training in the corporate office and in the field.
• Meet regulatory requirements and support and coordinate activities under applicable laws, rules, and regulations.
• Follow firm compliance and supervisory policies, including anti-money-laundering, Office of Foreign Asset Control, and privacy policies and procedures.
• Compile marketing intelligence, including sales activity, production, frequently asked questions, and customer objections.
• Research complex technical questions for the sales force concerning products, planning, taxes, Social Security, and other retirement financial concerns.
• Conduct retirement-planning seminars for customers and producers, virtually and in person upon request.
• Assist with entity-level presentations about retiree services, in writing or in person.
• Maintain awareness of changes in the legal environment affecting investments, retirement plans, and insurance products.
• Work with Compliance, Communications, Advice, Systems, Sales, Administration, and other appropriate areas to ensure ongoing compliance.
• Serve as a technical resource to Communications on retiree marketing efforts.
• Maintain detailed records of customer interactions, recommendations, and actions in accordance with applicable regulations.
• Perform other responsibilities as assigned.

Benefits

• Medical, dental, and vision coverage.
• Life insurance.
• Short- and long-term disability coverage.
• Paid time off, with newly hired associates receiving a minimum of 18 days per full calendar year, prorated quarterly based on hire date.
• Nine paid holidays.
• Eight hours of Lifetime paid time off.
• Eight hours of Unity Day paid time off.
• 401(k) with company match.
• Company-paid pension plan.
• Business casual attire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level