Financial Advisor

Johannesburg, Gauteng, South Africa

Job Description


JOB TITLE: Financial AdvisorsAREA: GautengINDUSTRY: InsuranceSalary / CTC: Commission based - with incentivesReport to: Franchise DirectorsJob Summary:Our Client is seeking dedicated and driven individuals to join their team as Financial Advisors. As a franchise holder of Old Mutual, they provide a unique value proposition that combines extensive industry experience with personalised financial solutions for their clients. This position offers an opportunity to work within a reputable organisation while helping clients achieve their financial goals through comprehensive advisory services.Value Proposition:

  • Client and Advisor centricity
  • Established brand with over 175 years of experience
  • Leadership with over 48 years of experience
  • Lead generation
  • Extensive support, including training and marketing
  • Digital platform
  • Ease of business
  • Comprehensive product offering (long-term, short-term, and mass market)
Commission:Commission split is done as follows:
  • Commission split is based on experience as indicated below
  • Commission Is payable weekly, however for big premium business commission will only be paid on receipt of first premium
  • Old Mutual will pay advisors and do the tax deductions so they will have to provide a tax directive
Must HavesHigh RE5 / RE1Credits120 Credits/QualificationsExperience 3 -5 YearsCrim RecordNo CrimCredit ReportClear CreditPrior PerformanceTrack RecordKnowledgeAll productsCommission Splits to advisor90%Med RE5 / RE1Credits120 Credits/QualificationsExperience 2-3 YearsCrim RecordNo CrimCredit ReportClear CreditPrior PerformanceTrack RecordKnowledgeAll productsCommission Splits to advisor80%Newcomers RE5 / RE1Experience 1 year-2 yearsCrim RecordNo CrimCredit ReportClear CreditCommission Splits to advisor70%Information Technology and Support:
  • Stipend of R 25,000 for the first 2 months
  • Candidates will use their own laptops; no technology will be provided by the company
  • Support from a paraplanner
  • Dedicated office manager
  • Mentorship
  • Professional Continued Development
  • Incentive and Bonus Schemes
  • Old Mutual has an Incentive scheme for advisors called Aviator and will be discussed further during the interview / screening
  • Internal Incentive scheme for top performers which may be vouchers or performance bonus after 1 year
Qualification Criteria for Candidates:
  • Completed regulatory exams
  • NQF credits of 120
  • At least 2 years of experience in the financial industry as a financial advisor

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Job Detail

  • Job Id
    JD1334811
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned