The Rookie Handbook: A Complete Guide To Being A Pru Life UK Financial Consultant

Are you ready to begin your journey towards becoming a Pru Life UK financial consultant? Carefully follow the 5-step application process before checking this out. Click here.

PART I: THE RECRUITMENT FLOW

Step 1: Basic Training Course 101 (BTC 101 – Required) 

To see the latest BTC 101 schedule and locations, click here.

LSFP

Life Stage Financial Planning (LSFP) involves a one-on-one interaction between the recruit and the Unit Manager or recruiter. This is usually required within the BTC 101 but may be postponed to a later date.

Below are the schedules of LSFP during BTC 101.
a. Day – Friday (4:30pm)
b. Night – Saturday (5pm)

Step 2: Fees (As of August 2016) 

a. Training Fee – P300 (one time payment including food and modules)
b. Licensing Fee – P1,530 per license (Variable or Traditional)
c. Exam Fee – P1,010 per license (Variable or Traditional)

You are not required to take both licenses but it is highly encouraged that you take both. Otherwise, prioritize the Variable license.

Step 3: Pru Review 

Schedules
Saturdays (9am to 6pm)
a. Optional for Day
b. Required for Night

Locations
a. Ortigas (30th floor, Wynsum Tower, Emerald Ave., Ortigas)
b. Makati (19th floor, 6789 Building (New Building), Ayala Avenue, Makati City)

Notes
a. Pru Review is required for those who will take the Night sessions. It is optional for those who will take the Day sessions.

Step 4: Licensing Exam (Required) 

Schedules
Mondays (6pm to 8pm)

Locations
a. Ortigas (30th floor, Wynsum Tower, Emerald Ave., Ortigas)
b. Makati (10th floor, SSHG Law Center, Paseo de Roxas, Makati City)

Notes
a. Exam results shall be received by the branch secretaries within 7 days after the exam.
b. During this waiting period, feel free to meet your prospects.

Step 5: Exam Day Requirements  

a. P1,010 Exam Fee per license (Variable, Traditional or both)
b. Barangay or NBI Clearance
c. Government issued ID 4.4 pcs. 1x1 picture with red background

Step 6: Coding (Required) 

After passing the licensing exam, you shall be invited to the Jadeite branch office to complete some forms. This will be also be your homebase as an agent.

Location 
Jadeite Brand Office, 20th Floor, Wynsum Bldg., Emerald Ave., Ortigas. Look for Ms. Lhen Macapagal. You may reach her through 0906 778 0431.

Step 7: Equotes Installation

a. Best option is to visit the Pru Life UK Head Office at 7th Floor, Uptown Place Tower 1, 1 East 11th Drive Uptown Bonifacio Taguig. Office is open from 9am to 2pm only.
b. If you are willing to wait, you may leave your laptop to the branch secretary. Equotes installations are usually scheduled during 2nd and 4th week of the month.
c. Please avoid Acer laptops. The brand is not Equotes friendly.

Step 8: In-House Training (Required) 

Schedules
Saturdays (9am to 12pm) with Branch Manager Lani Robles

Location
Jadeite Brand Office, 20th Floor, Wynsum Bldg., Emerald Ave., Ortigas. Look for Ms. Lhen Macapagal. You may reach her through 0906 778 0431.

Step 9:  6 in 8 Training (Required)  

Notes
a. It is a requirement for all rookies to attend at least 6 sessions within 8 weeks.
b. Attend the 6 sessions and close at least 6 cases in 8 weeks (regardless of Annual Premium Equivalent or APE) and win P3,000 plus P200 Starbucks GC per closed case.

6 in 8 Training Schedule
a. Tuesdays – 6pm to 8pm (Ortigas) with UM Jolly or BM Lani
b. Wednesdays – 6pm to 9pm (Makati) with UM Karen
c. Saturdays – 1pm to 4pm (Makati) with UM Jhett or UM Karen

PART II: BASIC REWARDS

1. Weekly release of commission 

2. Quarterly Production Bonus (QPB) with at least 85% Persistency Rate  

a. P150K – P199K – 12%
b. P200K – P299K – 14%
c. P300K – P499K – 17%
d. P500K and up – 20%

3.National Achievers Club (January to December)

a. Qualifying Member – P750K
b. Senior Achiever – P1.5M
c. CEO – P2.5M
d. Star Club – P3.5M

Other perks
a. 50% Discount on HMO Card
b. Letterhead
c. Business Cards
d. Cross Pen – priced at P3,250
e. To be published in major national broadsheets

4. Pru League of Rookies (Within 12 months after coding) 

PART III: CONTEST & PROMOS

1.Protection Drive (January to December) 

2.Monthly Contests & Promos

PART IV: THE SALES PROCESS

1.Application 

a. Suitability Form
b. Application Form
c. Autodebit or Credit Card Application
d. Proposal or QP
e. At least 1 Government ID screenshot

2.Submission to BOA thru Unit Secretary 

3.Waiting for Feedback and Completion from NBU (New Business Unit) 

May or may not require check up and APS (Attending Physician Statements)

4. Policy Delivery 

PART V: TOOLS

1. Essential Forms 

a. Application
b. Suitability
c. Autodebit or Credit Card Application Form
d. Attending Physician Statement

2.Your flashdrive

To contain soft copies of forms, primers and other productivity materials

3.Table of Commission Rates 

4. DWATCH 

This is is a flipboard of all the insurance riders. This can be bought through the unit secretary for only P160.

PART VI: TRAININGS

Branch Trainings 
a. 6 in 8 Training
b. Skills Transfer Training – Mondays (1pm to 3pm), sharing of best practices among colleagues
c. Branch Meetings – every first Saturday of the month (1pm to 5pm)
d. Happy @ Work – Quarterly only during Quarterly Production Bonus release, for Assistant Unit Managers and up

Unit Trainings
a. Rookie Huddle – Mondays (9:30am to 12pm)
b. I am MDRT (Million Dollar Round Table) – Saturday (8am to 12pm) once a month only