Retirement Plan Specialist

Enterprise Bank & Trust
Job Description
Job#: 474632
Positions: 1
Posted: 05/10/2018
Job Type: Full Time
Location: US-MO-Clayton
Department: Wealth Products Group
Salary: Hourly
Benefits: Full Benefits


Job Description

Responsible for providing enrollment assistance to retirement plan participants and education to existing and future retirement plan participants to enhance plan participant knowledge, expand current plan enrollment and participation, increase participation and enrollment levels and retain current participation base. Responsible for contacting terminated plan participants to retain and increase plan assets in the form of IRA rollovers.

  • Travel to various locations throughout the assigned market to conduct retirement plan education and enrollment meetings and to provide one-on-one counseling and guidance sessions with participants and non-participants
  • Increase retirement plan participation by organizing and conducting retirement plan enrollment meetings at various locations with hands-on presentations of plan specifics, the enrollment process and required enrollment paperwork
  • Increase retirement plan participation by organizing and conducting education meetings at client locations to enhance participant and non-participant knowledge and understanding of retirement plan options and to sell non-participants on the advantages of utilizing the retirement plan options
  • Travel to various locations as needed to provide one-on-one counseling, guidance and assistance to clients and associates in selecting the most appropriate options to meet their needs
  • Increase IRA participation by contacting terminated plan participants to assist in rollover option services
  • Proactively increase plan participation to achieve new enrollment and participation goals by generating leads, seeking referrals and participating in sales calls to secure new 401(k) plans for the bank
  • Cross-sell bank products and services during meetings and calls
  • Initiate and coordinate meetings at various locations by interacting with internal and external management and assistants for current and future retirement plan participants.
  • Create, edit, review and coordinate the preparation and distribution of plan reviews, marketing materials and documentation
  • Prepare various confidential proposals, presentations and reports utilizing various software programs to collect information, compile data, verify accuracy of and distribute appropriately
  • Communicate with Wealth Products Group regarding client issues, new services and other opportunities to expand the existing client base
  • Process incoming and outgoing communication in a professional and courteous manner
  • Attend training and educational opportunities to stay up-to-date on laws and regulations
  • Perform other duties as assigned
  • Ability to interact with clients and internal and external leadership with a high degree of professionalism
  • Excellent verbal, written and analytical skills
  • Attention to detail
  • High level of interpersonal skills to handle sensitive and confidential information
  • Strong communication, listening and interpersonal skills; demonstrated ability to make effective group presentations
  • Ability to work independently and in a team environment

Supervisory Responsibilities:

  • None

Education and/or Experience:

  • Bachelor's degree from four-year college or university; or one to three years related experience and/or training
  • Strong background in finance or economics
  • Sales experience preferred

Computer and Software Skills:

  • Skilled in operation of a personal computer, including Microsoft Word, Excel

Certificates, Licenses and Registrations:

  • None

Enterprise Bank & Trust is an Equal Employment Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.