Financial Rep - Upcoming Grad

$33,280 - $36,000/Yr

Mutual of Omaha - Glendale, CA

Full-time - Entry Level

Glendale, CA

Insurance Carriers and Related Activities

About the position

As a Financial Representative Trainee, you will embark on a comprehensive program designed to equip you with the skills and competencies necessary to excel in selling Individual Insurance products. This dynamic program includes a combination of self-study and hands-on experience projects, all tailored to a structured curriculum. You will participate in a comprehensive program to develop the skills required to provide holistic financial advice to clients. This includes actively contributing to classroom discussions, participating in goal-setting sessions, and attending progress evaluation meetings. You will also demonstrate appropriate skills and pass a sales process competency test, gaining invaluable direct sales experience in marketing Individual Insurance products to clients. Additionally, you will cultivate and sustain strong relationships with internal business partners and acquire an in-depth understanding of our product offerings, demonstrating expertise in their features and benefits. You will oversee the completion of content, proposals, and paperwork flow throughout the field and Home Office, ensuring a seamless application and underwriting process.

Responsibilities

• Participate in a comprehensive training program to develop skills for providing holistic financial advice.
• Contribute to classroom discussions and participate in goal-setting sessions.
• Demonstrate appropriate skills and pass a sales process competency test.
• Gain direct sales experience in marketing Individual Insurance products to clients.
• Cultivate and sustain strong relationships with internal business partners.
• Acquire an in-depth understanding of product offerings and demonstrate expertise in their features and benefits.
• Oversee completion of content, proposals, and paperwork flow throughout the field and Home Office.

Requirements

• Ability to successfully achieve criteria of Trainee Program.
• Must pass and apply for appropriate insurance licenses within 14 days of entry into the job, with a maximum of 2 attempts at the Life and Health exam.
• Must pass the CRD/FINRA background check at hire and ongoing, as the training program criteria requires Financial Representatives to obtain securities licensing within 24 months of entry into the program.
• Highly self-motivated and results-oriented with the ability to work independently and as part of a team.
• Access to reliable transportation to attend appointments and meetings.
• Ability to travel up to 50% of the work period and maintain a valid driver's license.

Nice-to-haves

• Knowledge of the Insurance/Financial Services industry, products, and marketing practices.
• Bachelor's degree or equivalent preferred but not required.

Benefits

• Hourly wage of $16/hour for up to 30 days as a Trainee.
• Promotion to a Financial Representative with a $36,000 annual base plus monthly sales incentive opportunity after successful completion of licensing and onboarding requirements.
• 401(k) plan with a 2% company contribution and 6% company match.
• Up to 15 days of vacation each year for regular associates working 40 hours a week.
• 11 paid holidays in 2024, including 2 floating holidays.
• Sick leave provided through personal time, with up to 40 hours of personal time in 2024, prorated based on the start date.