I also got an interview for financial advisor post from a major insurance company (will keep company name anonymous for ethic concerns). And i did not take the position at the end. Some of my colleagues at my call centre also got offers from them and refused. Here are the reasons:
1. This job had little to do with financial advice. What I would have to do is sell life insurance packs, which does not require education.
2. Job is paid by commission and there is no base salary. I will get money only as sales bonus after a successful sales.
3. I would need to pay books and license exams at the Financial market authority, which are quite expensive.
4. The job was formally individual entrepreneur - which means I would not be a company employee but rather owning an individual business (renting my office) and "have access" to the insurance company's client database and product list
5. I would need to go and seek potential clients myself, asking my contacts etc.
So as you see the job title is very promising, but the quality of job is not different from door-to-door salesman. Obviously, it is better than cleaning toilets and frying potatoes. At the end i decided to continue with my call centre job - at least there is a base salary and sales not mandatory. Now I am going through the process of getting admission to a one year college course in accounting with the hope of moving from front office jobs to back office (no matter how low the pay is, it is better than listening to mentally sick people from coast to coast 8 hours a day).
