Retirement Plan Support Specialist

UMB Bank

Job Location:

Dubuque, IA - USA

Monthly Salary: $ 57760 - 124170

Posted on: 4 days ago

Vacancies: 1 Vacancy

Job Summary

The Retirement Plan Support Specialist plays a crucial role in supporting the Retirement Plan Advisors team. This position is responsible for providing comprehensive sales and service support from prospecting and building compelling new business presentations to ensuring seamless client onboarding and ongoing service. This role requires a detail-oriented individual who can understand plan investments fees and design.

Howyoullspend your time:

Prepare detailed analyses and proposals for prospective clients by gathering and interpreting plan sponsor investment and current fee data to create pricing profitability and benchmarking comparisons.
You will provide administrative support includingactivities with third-party recordkeepersthe distribution of recurring plan investment reviewsandassistingin resolving client requests.
Responsible for the overall customer experience of the virtual education websites; ensuring ease of use and access up-to-date information and branding.

You will analyze target markets andidentifypotential new business opportunities using tools such as FreeERISALarkspur providing constructive feedback to sales team.
Maintains benchmarking software (FI360) by reviewing updating and inputting competitor performance and fee information.

You will assistin fee processing invoice creation/distribution andtimelycollection of advisory fees for Retirement Plan Services account relationships.
Provides timely updates and maintains accurate information in the customer relationship management (CRM) system including pipeline tracking and referral activity.

Supports meeting preparation sales events travel and expense reimbursements as needed.

You will helponboard new Advisors / retirement staff and updates onboarding materials and handbook for training where applicable.

You will perform other duties as assigned.

Wereexcited to talk to you if:

You possess aBachelors Business Administration/Management EconomicsorFinance.
You have3-5 years within the financial services industry.
Or combination of education and experience that provides an equivalent background.
You are proficient in using the Microsoft Office particularly Excel PowerPoint and Adobe suite.

You are detail oriented witha high levelof accuracy.

You show an understanding of financial services products particularly related to retirement plans and investment products and services.

You have solidanalytical and problem-solving skills with the ability toidentifyproblems and recommendappropriate follow-upaction.

You have excellent organizational and time management skills.

You have excellent interpersonal skills that result inestablishingand maintaining good relations with internal and external customers throughout the entire sales process.

You have ability to work alone to get the job done as well as with a team to meet deadlines.

Compensation Range:

$57760.00 - $124170.00

The posted compensation range on this listing represents UMBs standard for this role but the actual compensation may vary by geographic location experience level and other job-related addition this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical dental vision and other insurance coverage; health savings flexible spending and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more
Youre more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their work one another and their community. Expect more than the status quo. At UMB you can expect more heart. Youll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing no matter what. And expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race color religion sex (including gender pregnancy sexual orientation and gender identity) national origin age disability military service veteran status genetic information or any other status protected by applicable federal state or local law. If you need accommodation for any part of the employment process because of a disability please send an e-mail to to let us know the nature of your request.

If you are a California resident please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.

Required Experience:

The Retirement Plan Support Specialist plays a crucial role in supporting the Retirement Plan Advisors team. This position is responsible for providing comprehensive sales and service support from prospecting and building compelling new business presentations to ensuring seamless client onboarding a...

Howyoullspend your time:

Prepare detailed analyses and proposals for prospective clients by gathering and interpreting plan sponsor investment and current fee data to create pricing profitability and benchmarking comparisons.
You will provide administrative support includingactivities with third-party recordkeepersthe distribution of recurring plan investment reviewsandassistingin resolving client requests.
Responsible for the overall customer experience of the virtual education websites; ensuring ease of use and access up-to-date information and branding.

You will analyze target markets andidentifypotential new business opportunities using tools such as FreeERISALarkspur providing constructive feedback to sales team.
Maintains benchmarking software (FI360) by reviewing updating and inputting competitor performance and fee information.

You will assistin fee processing invoice creation/distribution andtimelycollection of advisory fees for Retirement Plan Services account relationships.
Provides timely updates and maintains accurate information in the customer relationship management (CRM) system including pipeline tracking and referral activity.

Supports meeting preparation sales events travel and expense reimbursements as needed.

You will helponboard new Advisors / retirement staff and updates onboarding materials and handbook for training where applicable.

You will perform other duties as assigned.

Wereexcited to talk to you if:

You possess aBachelors Business Administration/Management EconomicsorFinance.
You have3-5 years within the financial services industry.
Or combination of education and experience that provides an equivalent background.
You are proficient in using the Microsoft Office particularly Excel PowerPoint and Adobe suite.

You are detail oriented witha high levelof accuracy.

You show an understanding of financial services products particularly related to retirement plans and investment products and services.

You have solidanalytical and problem-solving skills with the ability toidentifyproblems and recommendappropriate follow-upaction.

You have excellent organizational and time management skills.

You have excellent interpersonal skills that result inestablishingand maintaining good relations with internal and external customers throughout the entire sales process.