Retirement Specialist Job Description

retirement specialist job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Retirement Specialist Job Description

A retirement specialist is a financial planning professional who works on developing retirement strategies and advising clients on the best ways to retire.

Retirement specialists advise clients on how to navigate their retirement savings.

They also help with retirement planning and investments.

Retirement specialists are knowledgeable about how retirement savings plans operate.

They can help clients understand Social Security, pensions, and other types of retirement income.

They also help clients navigate taxes on their retirement fund.

Job Brief:

We’re looking for Retirement Specialist to provide financial planning and support to our clients as they approach retirement. The ideal candidate will have experience working with clients to develop retirement plans, as well as experience with investing and financial planning. They will be able to provide guidance and support to our clients as they make the transition into retirement. If you are a Retirement Specialist who is looking for an opportunity to make a difference in the lives of our clients, then we want to hear from you!

Retirement Specialist Duties:

  • Understand, explain, and provide information regarding retirement programs, including annuity options, retirement income, and retirement planning
  • Maintain current knowledge of retirement program guidelines, regulations, and laws, including United States Code, ERISA (Employee Retirement Income Security Act), and Internal Revenue Service (IRS) regulations, as applicable
  • Provide retirement counseling
  • Attend pre-retirement seminars
  • Maintain and regularly update retirement-related program literature
  • Attend retirement company meetings
  • Attend educational meetings
  • Proficient in Microsoft Office, including Word, Excel, and PowerPoint

Retirement Specialist Responsibilities:

  • Provide support and create solutions to simplify processes related to retirement
  • Engage in ongoing product training to stay up to date on changes in the market
  • Work closely with internal and external stakeholders, including vendors, clients, and employees, to ensure a smooth onboarding process
  • Support business development initiatives, including creating marketing material, providing quotes, and conducting sales activities
  • Develop and maintain business with retirement product providers
  • Research, recommend, and implement ideas and solutions for process improvement, standardization, and automation
  • Research and apply for new programs and initiatives
  • Assist with onboarding new retirement clients onboard

Requirements And Skills:

  • Bachelor’s degree in finance, accounting, or related field
  • 5+ years proven experience in a retirement plan administration role
  • Working knowledge of 401(k) plans, 403(b) plans, and IRAs
  • Ability to design and implement retirement plan

[Company Name] is proud to be an Equal Opportunity Employer. We believe that a diverse and inclusive team is essential to our success. We encourage applications from people of all races, religions, national origins, genders, sexual orientations, gender identities, gender expressions and ages, as well as veterans and individuals with disabilities.

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