College Financial Representative Internship

Job Description

Here is a detailed enriched job description for the College Financial Representative Internship at Northwestern Mutual:

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College Financial Representative Internship – Northwestern Mutual

Office Location: 1670 Route 34 Ste 2

Overview

This internship provides College Financial Representatives at Northwestern Mutual with comprehensive guidance, connection, and a robust framework to build an integrated financial planning practice from the ground up. Interns, who come from diverse academic backgrounds and experiences, will begin establishing their financial planning practice with access to local and nationwide experts, exclusive financial products, and the formidable support of a Fortune 500 company. This program offers the chance to build confidence, develop a professional network, and empower individuals towards financial freedom. Hard work is directly rewarded in this dynamic environment.

Key Responsibilities

Our internship program mimics our full-time Financial Representative career, allowing you to:

• Prospect and network to build your business and client base.
• Develop and execute a personalized business strategy.
• Call on potential clients and set meetings to understand their financial goals.
• Prepare comprehensive financial plans and offer useful recommendations.
• Gain exposure to proprietary financial planning software platforms.
• Engage in weekly coaching, training, and development meetings.
• Receive Risk Product State Licensing: Life, Accident, and Health.
• Cultivate essential life skills that create future career opportunities.

Internship Program Structure & Growth Opportunities

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to work around your life and classes. With the option to participate in our internship program year-round, you can continuously grow your practice and obtain support for advanced registrations and certifications such as the Series 6 & 63 or CFP®. Get inspired at local and national recognition events, earn access to leadership programs, and collaborate with experts in our business. Our culture provides diverse resources to ensure both personal and professional growth. Furthermore, eligible students with interest will have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications

Are you a fit for this internship?

• Currently enrolled as a full-time student; Juniors and Seniors preferred.
• Demonstrated entrepreneurial ambition and curiosity for sales.
• Highly engaged in campus activities (e.g., leader, athlete, campus organizations, student government).
• Possess excellent time-management skills.
• Genuine interest in financial literacy and planning tools.
• Exhibit business acumen and a desire to increase critical thinking abilities.

Compensation & Benefits

• Performance-based earnings and revenue.
• Learning and Development Incentives (up to $1,000/month, *not inclusive of earned commissions*).
• Productivity Bonuses.
• Full support for insurance licensing (Life, Health, Disability Income, Long-Term Care).
• Support for SIE, Series 6, Series 63 registrations (eligibility required).

About Northwestern Mutual

For over 165 years, Northwestern Mutual has been dedicated to helping clients achieve financial freedom through comprehensive and innovative financial planning. The company combines the expertise of its financial professionals with a personalized digital experience and industry-leading products. Their tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—all designed to reinforce each other and keep clients on track. Northwestern Mutual leads with unmatched financial strength and provides access to the best products and services for its clients.

Financial Representatives and College Financial Representatives are considered valued partners and proud business owners. They are categorized as independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. The company is committed to fostering an inclusive and belonging workplace where everyone’s unique viewpoints contribute to success, striving to create teams that reflect its diverse customers and communities.

Why Join Northwestern Mutual?

• A Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serves over 5.0 million clients and growing.²
• Manages or holds $257 billion in retail investment client assets.³
• Consistently named among Forbes’ Best Employers for Diversity (2018-2021).
• Boasts unsurpassed financial strength.⁴
• Recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Considerations

• Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production.¹
• Approval for an intern contract requires a national criminal background check. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.¹
• Client and asset figures are as of June 30, 2023.²,³
• Financial strength ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency.⁴

Estimated Annual Salary Range

USD $500.00 – USD $1,000.00 /Yr.

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