Retirement Plan Specialist I

Job Description Summary

Transamerica is excited to announce that we are expanding and looking for FINRA Licensed Advisors to join our team!

Now interviewing for multiple openings for our April 1st and May 6th classes!

How long is your commute? 
The Retirement Plan Specialist role is fully remote!

Are you an experienced Financial Advisor or Retirement Professional who is tired of prospecting and would love to work with ongoing warm leads, build relationships, and assist clients with their financial challenges?
Do you wish that instead of a high pressure, commission-only position you could work from home 40 hours per week, receive a bi-weekly base salary PLUS monthly, quarterly, and annual bonuses?
Then our team is what you are looking for!
 

You must hold FINRA Series 6, 63, and 65; OR Series 7 and 66 at time of hire.

Job Description

Advice Center hours are 7:00am CST to 7:00pm CST Monday through Friday. Shifts are 8 hours with overtime available. You must be available and willing to work until 7:00pm CST 2 days during the week.

What you will do:

You will serve as a trusted advisor to the participants of Transamerica’s expansive book of qualified retirement accounts from Transamerica’s employer sponsored plans, helping participants to understand their options with their qualified savings, assisting them in setting goals, calculating exactly what it will take to achieve those goals, and implementing the plan.

What you will learn:

You will be working with an experienced and results-oriented team of financial professionals utilizing modern technology to solve individual retirement challenges of our plan participants. You will work in an environment that offers continuous personal and professional development to craft your skills as a consummate fiduciary that will personally embark on a journey to retirement success with thousands of Transamerica’s clients.

Responsibilities

• Become fully fluent and competent with respect to all issues related to qualified retirement plans and how they operate, what their advantages and limitations are
• Advise clients of their options in regard to their retirement planning
• Build trusting relationships with individual clients, helping them to articulate what their own success looks like and what the rewards of their success will be
• Provide planning and advice regarding clients’ investment and retirement strategy
• Work with a dedicated assistant to attend to the necessary administrative work associated with financial transactions, and successfully fund at least 15-20 accounts monthly
• Maintain a constant pipeline of clients to close continual business throughout the month
• Develop and review a personal business plan to remain on track to hit targeted production goals
• Collaborate with partners setting your appointments for you and taking referrals sent by the customer contact center for existing participants with planning needs
• Maintain a detailed series of records using the CRM platform Salesforce
• Work with partners in the company to implement specialized financial strategies and products where appropriate
• Advance to a role where a book of business is fully retained and accumulating trail commissions are paid on advisory accounts

Qualifications

• Bachelor’s degree in a business- related field or equivalent professional experience.
• FINRA Series 6, 63, and 65; or FINRA Series 7 and 66 (required to be approved to do business in all states)
• One year of experience in the financial services industry
• Basic knowledge of financial products (related to assigned specialty area)
• Customer service, interpersonal and listening skills to effectively communicate with customers and earn trust
• Problem-solving and decision-making skills to select and recommend product solutions
• Written/verbal communication and presentation skills to provide information via phone, email, video, chat, etc.
• Proficiency using MS Office

Preferred Qualifications

• Life License
• CFP and/or CRPC
• Knowledge of CRM (Salesforce.com) and digital financial advice platforms

Working Conditions

• Work From Home

Compensation 

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.** 

Total Compensation for this role is estimated to be $65,000 - $95,000 per year.

The Salary for this position generally ranges between $46,000 - $50,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.  

This position is currently eligible for sales and/or performance incentives. Specifics will be reflected in individual incentive plan documents.