Consolidation Coordinator

Manulife; Boston (MA); Hybrid; USD 32,000 - 53,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Vision benefits

Disability insurance

Life insurance

AD&D

Retirement savings plans

Paid time off

Holidays

Personal days

Sick time

Leaves of absence

Job summary

Manulife is seeking a Consolidation Coordinator to guide participants through consolidating their retirement accounts into the John Hancock 401(k). This hybrid role based in Boston involves educating clients, coordinating with plan providers, and driving roll-in assets while pursuing FINRA licenses and continued industry education.

You will join a dynamic team focused on excellent service, regulatory readiness, and collaborative growth within the retirement plan industry.

Qualifications

• Bachelor’s degree in Business and/or Finance required.
• FINRA Series 6 and 63 licenses required within 6 months of hire.
• Some financial services industry experience preferred.
• Strong communication and negotiation skills.
• Ability to work independently and in a team.
• Detail oriented and organized in a multi-task environment.

Responsibilities

• Member of an inbound/outbound phone-based team driving new roll-in assets for John Hancock.
• Educate 401(k) participants on consolidating assets into their JH 401(k).
• Assist participants through the roll-in process including rollover paperwork.
• Qualify opportunities and follow up on cases.
• Collaborate with Plan Consultants and Financial Advisors to channel roll-in business.
• Deliver professional service and prioritize workflows for opportunities.
• Share knowledge and ideas to meet team objectives.
• Take inbound calls as needed.

Skills

FINRA Series 6

FINRA Series 63

Customer service

Communication

Consultation

Teamwork

Independent work

Detail oriented

Education

Bachelor’s Degree in Business/Finance

Job description

The Consolidation Coordinator is a dynamic and pivotal role within our bustling inbound/outbound phone center, dedicated to transforming participants' retirement experiences by seamlessly consolidating their external retirement accounts into John Hancock 401ks.

As a Consolidation Coordinator, you will be the trusted guide for John Hancock participants, expertly navigating them through the consolidation process to ensure effortless asset management in a single, streamlined account. This thrilling opportunity is perfect for anyone eager to launch an exciting career in the retirement industry. Our enthusiastic team will champion your quest to obtain FINRA licenses and provide you with comprehensive education in the ever-evolving retirement plan industry. Join us and be part of a transformative journey!

* This is a hybrid role based out of our Boston office *

Responsibilities:

• Member of an in-bound/out-bound phone-based team focused on driving new roll-in assets for John Hancock
• Educate and help 401(k) participants to better understand the benefits of consolidating their retirement assets into their JH 401(k)
• Assist new and existing 401(k) participants throughout the roll-in process. This would generally include obtaining authorization on rollover paperwork and contacting plan providers, plan administrators, and third-party administrators
• Qualify opportunities and help follow-up on outstanding cases
• Work directly with financial intermediaries (Plan Consultants (TPAs) and Financial Advisors) and ultimately channel roll-in business into the JH 401(k) plan
• Deliver superior service in a professional manner
• Enter and prioritize workflows necessary to track potential roll-in opportunities
• Share successful education and process improvement ideas in a team environment
• Proactively share knowledge to ensure team objectives are met

Key Shared Responsibilities:

• Contributing to team goals
• Taking inbound calls as necessary
• Handling smaller, segmented cases

Required Qualifications:

• Bachelor’s Degree with a focus on Business and/or Finance
• FINRA Series 6 and 63 required within 6 months of hire
• Some financial services industry experience preferred
• Ability to efficiently promote the benefits of the program and the services we provide
• Strong service and overall communication/negotiation skills
• Ability to consult with all customers
• Ability to succeed in a team environment
• Being able to work independently toward mutual goals/targets
• Detail oriented with the ability to prioritize and remain organized in a multiple task environment

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see

#LI-JH

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Referenced Salary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Base salary range is expected to be between

$32,000.00 USD - $53,300.00 USD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location.

• health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans
• retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources
• Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Company: John Hancock Life Insurance Company (U.S.A.)