Pension Consultant Overview
Working as a Pension Consultant
There is more than meets the eye when it comes to being a pension consultant. For example, did you know that they make an average of $32.61 an hour? That's $67,823 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 5,300 job opportunities across the U.S.
What Does a Pension Consultant Do
There are certain skills that many pension consultants 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, math skills and creativity.
When it comes to the most important skills required to be a pension consultant, we found that a lot of resumes listed 8.9% of pension consultants included consultants, while 8.7% of resumes included plan administration, and 8.6% of resumes included plan design. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the pension consultant job title. But what industry to start with? Most pension consultants actually find jobs in the finance and insurance industries.
How To Become a Pension Consultant
If you're interested in becoming a pension consultant, one of the first things to consider is how much education you need. We've determined that 65.7% of pension consultants have a bachelor's degree. In terms of higher education levels, we found that 18.6% of pension consultants have master's degrees. Even though most pension consultants 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 pension consultant. When we researched the most common majors for a pension consultant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on pension consultant resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a pension consultant. In fact, many pension consultant jobs require experience in a role such as pension administrator. Meanwhile, many pension consultants also have previous career experience in roles such as consultant or plan administrator.
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Pension Consultant Jobs
Pension Consultant Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a pension consultant can determine their career goals through the career progression. For example, they could start out with a role such as consultant, progress to a title such as manager and then eventually end up with the title human resources manager.
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Tell us your goals and we'll match you with the rights job to get there.
Average Salary for a Pension Consultant
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Pension Associates Retirement Planning LLC Pension Consultant Pension Consultant | Pension Associates Retirement Planning LLC Pension Associates Retirement Planning LLC | 08/22/2017 08/22/2017 | $56,95008/22/2017 $56,950 |
Pension Associates Retirement Planning, LLC Pension Consultant Pension Consultant | Pension Associates Retirement Planning, LLC Pension Associates Retirement Planning, LLC | 01/31/2017 01/31/2017 | $63,04201/31/2017 $63,042 |
Pension Associates Retirement Planning LLC Pension Consultant Pension Consultant | Pension Associates Retirement Planning LLC Pension Associates Retirement Planning LLC | 01/03/2016 01/03/2016 | $54,20501/03/2016 $54,205 |
Penserv, Inc. Pension Consultant Pension Consultant | Penserv, Inc. Penserv, Inc. | 10/25/2013 10/25/2013 | $75,00010/25/2013 $75,000 |
Penserv, Inc. Pension Consultant Pension Consultant | Penserv, Inc. Penserv, Inc. | 10/24/2013 10/24/2013 | $75,00010/24/2013 $75,000 |
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Top Colleges for Pension Consultants
1. University of Pennsylvania
Philadelphia, PA
2. Boston University
Boston, MA
3. Northwestern University
Evanston, IL
4. University of Minnesota - Twin Cities
Minneapolis, MN
5. University of Southern California
Los Angeles, CA
6. SUNY College at Oswego
Oswego, NY
7. Villanova University
Villanova, PA
8. San Diego State University
San Diego, CA
9. Baylor University
Waco, TX
10. Georgetown University
Washington, DC
Entry Level Jobs For Becoming A Pension Consultant
Top Skills For a Pension Consultant
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 8.9% of pension consultants listed consultants on their resume, but soft skills such as analytical skills and math skills are important as well.
- New Clients, 11.3%
- Plan Administration, 10.8%
- Consultants, 10.0%
- Erisa, 9.9%
- Government Filings, 8.9%
- Other Skills, 49.1% See All Pension Consultant Skills