What are the responsibilities and job description for the Retirement Plan Participant Advisor position at Busey?
Position Summary
The Retirement Plan Participant Advisor is responsible for facilitating communication with retirement plan participants through group presentations and individual consultations. Participant meetings may be done in person, on the phone, or through web-based conferencing.
Duties & Responsibilities
Serve as support to new and current relationships within the Retirement Plan Services area in Wealth Management.
Cultivate relationships with participants by delivering personalized service and responding to plan-related questions.
Develop materials for both sophisticated and average plan participants.
Engage in dialogue which guides participants in making informed investment decisions and educate them on the advantages of participation in the company sponsored retirement plan; may involve problem solving and follow up.
Perform engaging individual and group enrollment/education presentations.
Develop and maintain client relationships by providing participant advisory services, including financial planning and investment advice both on-site and in our offices.
Assist with day-to-day operations of current retirement plans.
Support regular communication with plan sponsors and plan participants.
Work with other associate to identify and suggest areas of improvement to policies and processes as well as service levels.
Education & Experience
Knowledge Of
Strong oral and written communication skills
Advanced analytical skills to identify opportunities
Public speaking and presentations
Ability To
Multi-task and work independently
Work in an efficient manner with minimal errors; detail oriented
Perform duties and make decisions under frequent time pressures
Travel as required
Education And Training
Preferred Bachelor’s degree, preferably in Business or Finance or equivalent experience.
Understanding of investments and ability to simplify them for plan participants.
Requires knowledge of Microsoft Office.
Compensation And Benefits
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $55,000 - $68,000yr)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.
The Retirement Plan Participant Advisor is responsible for facilitating communication with retirement plan participants through group presentations and individual consultations. Participant meetings may be done in person, on the phone, or through web-based conferencing.
Duties & Responsibilities
Serve as support to new and current relationships within the Retirement Plan Services area in Wealth Management.
Cultivate relationships with participants by delivering personalized service and responding to plan-related questions.
Develop materials for both sophisticated and average plan participants.
Engage in dialogue which guides participants in making informed investment decisions and educate them on the advantages of participation in the company sponsored retirement plan; may involve problem solving and follow up.
Perform engaging individual and group enrollment/education presentations.
Develop and maintain client relationships by providing participant advisory services, including financial planning and investment advice both on-site and in our offices.
Assist with day-to-day operations of current retirement plans.
Support regular communication with plan sponsors and plan participants.
Work with other associate to identify and suggest areas of improvement to policies and processes as well as service levels.
Education & Experience
Knowledge Of
Strong oral and written communication skills
Advanced analytical skills to identify opportunities
Public speaking and presentations
Ability To
Multi-task and work independently
Work in an efficient manner with minimal errors; detail oriented
Perform duties and make decisions under frequent time pressures
Travel as required
Education And Training
Preferred Bachelor’s degree, preferably in Business or Finance or equivalent experience.
Understanding of investments and ability to simplify them for plan participants.
Requires knowledge of Microsoft Office.
Compensation And Benefits
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $55,000 - $68,000yr)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.
Salary : $55,000 - $68,000