Financial service specialists are experts responsible for determining the financial needs of customers by assessing their financial performance and account profiles. As a financial service specialist, you will work based on the risk appetite and specifications of clients, and you will sell insurance services and other financial instruments.
Also, you are to review market stability and stock trends. This is done to create financial forecasts and modify investment plans for customers. You must also maintain professional and collaborative relationships with clients, vendors, employees, and every internal or external agency to facilitate timely product and service delivery. In addition, you are to work with IT personnel to develop and execute investment and insurance software programs.
To be a successful financial service specialist, you must possess excellent communication skills in conjunction with analytical skills. You must also hold at least a bachelor's degree in finance, business, or accounting. An average financial service specialist earns $50,360 annually.
There is more than meets the eye when it comes to being a Finance Service Specialist. For example, did you know that they make an average of $21.09 an hour? That's $43,868 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
There are certain skills that many Finance Service Specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Detail oriented and Initiative.
If you're interested in becoming a Finance Service Specialist, one of the first things to consider is how much education you need. We've determined that 60.9% of Finance Service Specialists have a bachelor's degree. In terms of higher education levels, we found that 8.5% of Finance Service Specialists have master's degrees. Even though most Finance Service Specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Finance Service Specialist. When we researched the most common majors for a Finance Service Specialist, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Finance Service Specialist resumes include Master's Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become a Finance Service Specialist. In fact, many Finance Service Specialist jobs require experience in a role such as Customer Service Representative. Meanwhile, many Finance Service Specialists also have previous career experience in roles such as Teller or Sales Associate.