Financial Representative Trainee

Mutual of Omaha; Minneapolis (MN); On-site; USD 32,400 - 39,600; Full time

Benefits offered by this job

Hourly Wage: $16/hour during training

Base salary of $36,000 upon promotion

$1000 bonus after trainee period

401(k) plan with company contribution and matching

Job summary

A leading financial services firm in Minneapolis is seeking a Financial Representative Trainee. This role involves a comprehensive program that prepares you to sell Individual Insurance products and develop a financial practice. Candidates should have a strong self-motivation, be results-oriented, and ready to obtain necessary licenses. Competitive hourly wage during training, followed by a base salary and incentives upon promotion.

Qualifications

• Ability to obtain insurance licenses prior to starting the job.
• Must pass background check and have a valid driver's license.

Responsibilities

• Participate in a comprehensive program to develop financial advice skills.
• Gain experience in marketing Individual Insurance products.

Skills

Self-motivated

Sales skills

Networking

Communication

Education

Bachelor's degree or equivalent preferred

Job description

Overview

Are you driven, self-motivated, and eager to jumpstart your career in the financial services industry? We’re seeking passionate individuals to join our Accelerator Program, a dynamic trainee experience designed to set you up for long-term success. As a Financial Representative Trainee, you’ll embark on a comprehensive program that equips you with the skills and competencies necessary to excel in selling Individual Insurance products and building a sustainable, holistic financial practice. Through a combination of self-study, hands-on projects, and experienced mentorship, you’ll receive the training and support you need to run your own business and build a rewarding career.

What we can offer you

• Hourly Wage: $16/hour during the trainee period, which lasts up to 30 days.
• Upon completion of the trainee period, promotion to a Financial Representative with a $36,000 annual base plus unlimited monthly sales incentive.
• $1000 bonus after successful completion of trainee period and promotion to a Financial Representative.
• An education-based Accelerator Program designed to successfully transition you to an independent Financial Advisor.
• 401(k) plan with a 2% company contribution and 6% company match.
• Applicants for this position must not now, nor at any point in the future, require sponsorship for employment.

What you’ll do

• You’ll participate in a comprehensive program to develop the skills required to provide holistic financial advice to clients. You will 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.

What you’ll bring

• Successfully meet all trainee program requirements, gaining the skills and knowledge needed to excel.
• Obtain the 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, working both independently and as part of a team.
• 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.
• You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do.

Preferred

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

We value diverse experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply!

Seniority level

• Internship

Employment type

• Full-time

Job function

• Sales and Business Development