What are the responsibilities and job description for the Sales Representative/ Financial Advisor position at Northwestern Mutual?
Job description:
Our Northwestern Mutual office in the Poughkeepsie, New York is rapidly expanding and currently seeking energetic Financial Representatives to continue our growing team.
Northwestern Mutual offers some of the top training in the industry. 98% of our advisors come to us without industry experience; we build our advisors and provide continual training and support throughout your career.
Our full benefits package includes:
- Comprehensive insurance coverage
- Reimbursement for licensing and professional development (e.g. Life, Accident, and Health; SIE, Series 6/7, Series 63)
- Two company-funded pension plans
- Life & Disability insurance
Compensation
Please note, this is primarily a commission-based career. We offer a stipend during your first year of up to $20,000 and enhanced commissions during your first four years. There is great income potential to be had, and we will teach and train you how to succeed.
- First-year advisors in our network average around $62,000; the top 25% earn around $137,000.
- After year 3, advisors average $119,000 and the top 25% earn around $251,000.
- After year 5, advisors average $165,000 and the top 25% earn nearly $354,000.
These figures represent average earnings and are not necessarily representative of what each individual advisor will earn. Your income is directly tied to your production, and income is not guaranteed.
Job Description
As a Financial Representative you will build long-lasting relationships, offer guidance while providing solutions to help clients meet their financial goals and objectives. Financial Representatives are supported by an onboarding process, continuous training programs, mentoring and unlimited access to resources to assist their clients. Financial Representatives are also supported by a network of specialists who together provide guidance on:
- Comprehensive Financial Planning Asset & Income Protection
- Personal Planning Analysis/ Business Needs Analysis
- Education Funding
- Investment & Advisory Services
- Trust Services/Estate Analysis /Retirement Solutions/Employee & Executive Benefits
Responsibilities
- Offer a personalized/need based approach to providing customized solutions tailored to each client’s long term financial goals and objectives.
- Managing financial risk and achieving financial security in the areas but not limited to: life insurance, disability insurance, long-term care insurance, annuities and investments.
- Create a referral-based practice to build your clientele.
Minimum Qualifications
- Bachelor's Degree required
- Strong interpersonal and networking skills
- Self-starter, go-getter mentality, ability to overcome adversity
- History of high achievement demonstrated by rapid growth and consistent, measurable results
- Ability to develop lasting, meaningful relationships as well as influence others
Preferred Qualifications
- 1 years of sales experience
- Entrepreneurial mindset; desire to build/own a business
- Strong preference towards professionalism and development
Pay: $62,000.00 - $137,000.00 per year
Benefits:
- Dental insurance
- Flexible schedule
- Health insurance
- Professional development assistance
- Referral program
- Retirement plan
- Vision insurance
Application Question(s):
- This is a commission-based pay structure. Are you open to working on commission?
Work Location: In person
Salary : $62,000 - $137,000