College Financial Representative (Internship Program)

February 10, 2026
$1000 / year
Internship
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Job Description

Job Title: College Financial Representative (Internship Program)

Company: Northwestern Mutual

Location: 827 State St

About the Internship Program at Northwestern Mutual

The Northwestern Mutual internship program for College Financial Representatives provides comprehensive guidance, strong connections, and a structured framework to build an integrated financial planning practice from the ground up. Our interns, from diverse academic backgrounds and experiences, begin developing a financial planning practice while engaging with local and nationwide experts, accessing exclusive financial products, and benefiting from the robust support of a Fortune 500 company. This program offers a unique opportunity to build confidence, develop a professional network, and empower individuals to achieve financial freedom. Here, hard work pays off!

For over 165 years, Northwestern Mutual has helped clients live their lives to the fullest through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experiences and industry-leading products to enable clients to successfully navigate their financial lives. Our tailored approach incorporates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other, consistently keeping clients on track to meet their goals. We are renowned for our unmatched financial strength and access to the best products and services for our clients.

Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. We deeply value an inclusive and belonging workplace where every unique viewpoint contributes to new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Responsibilities

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

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

Program Structure & Benefits

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to accommodate your life and classes. With the option to participate in our internship program year-round, you can continuously grow your practice and receive support for registrations and certifications such as the Series 6 & 63 or CFP®. Interns are inspired at local and national recognition events, gain access to leadership programs, and collaborate with experts in our business. Our culture provides diverse resources to ensure you experience both personal and professional growth. 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? We are looking for candidates who possess:

  • Full-time student status; juniors and seniors preferred.
  • Entrepreneurial ambitions and curiosity for sales.
  • Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
  • Excellent time-management skills.
  • Interest in financial literacy and planning tools.
  • Business savvy and a strong desire to increase critical thinking abilities.

Compensation & Benefits

  • Performance-based earnings and revenue.
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions).
  • Productivity Bonuses.
  • Support for insurance licensing (Life, Health, DI, LTC).
  • Support for SIE, Series 6, Series 63 registrations (eligibility required).

Why Join Northwestern Mutual?

  • A proud Fortune 500 company (2023).
  • Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
  • Serving 5.0+ million clients and growing.
  • Manages or holds $257 billion in retail investment client assets.
  • Named one of Forbes’ Best Employers for Diversity (2018-2021).
  • Boasts Unsurpassed financial strength among U.S. life insurers.
  • Awarded “Best Place to Work for LGBTQ+ Equality” by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Disclosures

1 Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of an intern contract to become a Northwestern Mutual College Financial Representative, a national criminal background check is required. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.

2 As of June 30, 2023.

3 Combined client assets of NMIS and NMWMC as of June 30, 2023.

4 Among U.S. life insurers. 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. Ratings as of: 06/23 (Moody’s Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings).

Salary Range

USD $500.00 – USD $1,000.00 /Yr.

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