|Location||Johannesburg, Johannesburg, South Africa|
An Old Mutual Franchise is looking for fit and proper advisors .
Location : Johannesburg
You will be appointed onto Old Mutual’s FSP license as a direct OM representative.
Commission Split. Based on your last 12 months new business commission statement total – Minimum 80% (potential for higher split depending on production levels)
Weekly commission payments direct from Old Mutual to you.(option for monthly/bi-monthly if desired)
Training allowance – subject to training schedule for each month being completed. This is for established advisers. Terms and Conditions apply.
Full access to OM product suite – including our new risk product OM Protect and OM Funeral Insurance
You also have access for corporate business – provident/pension fund and group risk
Full Investment range of OM including Treasury Advisory Services, Private Client Securities and Old Mutual International
Access to OM Insure short term including Elite.
Cost of Xplan (FNA Tool), Astute, Indemnity Cover and training covered by OM
Free Group Life Cover (2X annual commission), disability benefit and funeral insurance cover provided by Mayborn Advice.
Access to incentives which include Aviator Program, On-shore and Off-shore conventions, and numerous other incentives and challenges.
Admin and management support
Mentorship and coaching
Offering Independent Contracts (IC Referral Contracts) to people of influence – attorneys, HR managers, accountants etc. This allows for formal referral agreement between an adviser and an IC where negotiated commission split is paid directly to IC by Old Mutual. A non advice code is issued to the IC.
Minimum Requirements :
Matric / Grade 12
RE 5 (Compulsory /depending on DOFA Date )
NQF 5 (120 Credits/ depending on DOFA Date )
At least 1- 2+years’ financial services sales experience
Knowledge of long and short-term insurance, investment, risk .
Class of Business Training ( completed or in progress , depending on DOFA Date)
Interested candidates can send their CV