Financial Representative Career Starter
1 week ago
Unlock your potential in the financial services industry with our Accelerator Program. As a Financial Representative Trainee, you'll embark on a comprehensive journey to equip yourself with the skills and competencies necessary to excel in selling Individual Insurance products and building a sustainable, holistic financial practice.
About Us
Mutual of Omaha is a leader in the insurance industry, dedicated to providing innovative solutions for individuals and families. Our commitment to excellence has earned us recognition as a Great Place to Work.
Compensation Package
We offer a competitive hourly wage of $16 during the trainee period, which lasts up to 30 days. Upon completion of this period, you'll be promoted to a Financial Representative with a base salary of $36,000 per year, plus unlimited monthly sales incentives. You'll also receive a $1,000 bonus upon successful completion of the trainee program.
About the Role
- You'll participate in a comprehensive program to develop the skills required to provide holistic financial advice to clients.
- You'll actively contribute to classroom discussion, participate in goal setting sessions, and progress evaluation meetings.
- You'll gain valuable direct sales experience in marketing Individual Insurance products to clients and pass a sales process competency test.
- You'll cultivate and sustain prospecting skills such as research, targeting, networking, communication, and more through use of personal networks, community events, and social media.
- You'll acquire an in-depth understanding of our product offerings, demonstrating expertise in their features and benefits.
- You'll oversee completion of content, proposals, and paperwork flow throughout the field and Home Office, ensuring a seamless application and underwriting process.
Requirements
- You must successfully meet all trainee program requirements, gaining the skills and knowledge needed to excel.
- You must obtain the required insurance licenses prior to starting the job, with up to two attempts allowed for the Life and Health exam.
- You must pass the CRD/FINRA background check at hire and ongoing, with securities licensing required within 24 months of entry into the program.
- You must be highly self-motivated and results-oriented, working both independently and as part of a team.
- You must be able to travel up to 50% of the time, hold and maintain a valid U.S. driver's license, and have access to reliable transportation for meetings and appointments.
Preferred Qualifications
- Knowledge of the Insurance/Financial Services industry, products, and marketing practices.
- Bachelor's degree or equivalent preferred but not required.
Benefits
- Hourly Wage: $16/hour during the trainee period, increasing to a $36,000 annual base salary after promotion.
- Unlimited monthly sales incentives.
- $1,000 bonus upon successful completion of the trainee program.
- A comprehensive education-based Accelerator Program designed to successfully transition you to an independent Financial Advisor.
- A 401(k) plan with a 2% company contribution and 6% company match.
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