Financial Rep Upcoming Grad

$33,280 - $36,000/Yr

Mutual of Omaha - Cambridge, MA

Full-time - Entry Level

Remote - Cambridge, MA

Insurance Carriers and Related Activities

About the position

The Financial Representative Trainee position is designed for driven and self-motivated individuals eager to start a career in the financial services industry. This role is part of an Accelerator Program that provides comprehensive training and mentorship to equip trainees with the necessary skills to sell Individual Insurance products and build a sustainable financial practice. Trainees will engage in self-study, hands-on projects, and receive guidance to prepare for a successful transition to an independent Financial Advisor.

Responsibilities

• Participate in a comprehensive program to develop skills for providing holistic financial advice to clients.
• Contribute to classroom discussions and participate in goal-setting sessions and progress evaluations.
• Gain direct sales experience in marketing Individual Insurance products and pass a sales process competency test.
• Cultivate prospecting skills through research, targeting, networking, and communication.
• Acquire an in-depth understanding of product offerings and demonstrate expertise in their features and benefits.
• Oversee the completion of content, proposals, and paperwork flow throughout the field and Home Office.

Requirements

• Successfully meet all trainee program requirements to gain necessary skills and knowledge.
• Obtain required insurance licenses prior to starting the job, with up to two attempts allowed for the Life and Health exam.
• Pass the CRD/FINRA background check at hire and ongoing, with securities licensing required within 24 months of entry into the program.
• Be highly self-motivated and results-oriented, capable of working independently and as part of a team.
• Hold a valid U.S. driver's license and have access to reliable transportation for meetings and appointments.

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 during the trainee period, with a promotion to a Financial Representative at $36,000 annual base plus unlimited monthly sales incentive after 30 days.
• $1000 bonus after successful completion of the trainee period and promotion to a Financial Representative.
• 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 2025, including 2 floating holidays.
• Sick leave provided through personal time, with up to 40 hours of personal time in 2025.