College Financial Representative – Internship Program

Job Description

Job Title: College Financial Representative – Internship Program

Location: 9300 Underwood Ave

About Northwestern Mutual:
For over 165 years, Northwestern Mutual has been a Fortune 500 company (2023) dedicated to helping clients achieve financial freedom through comprehensive and innovative financial planning. They combine the expertise of financial professionals with personalized digital experiences and industry-leading products. Their tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, ensuring clients stay on track to meet their goals. Northwestern Mutual leads with unmatched financial strength and provides access to the best products and services for their 5.0+ million growing client base, managing $257 billion in retail investment client assets. The company prides itself on an inclusive culture, reflected in recognitions like Forbes’ Best Employers for Diversity (2018-2021) and Best Place to Work for LGBTQ+ Equality (2015-2021).

Internship Program Overview:
The College Financial Representative internship program at Northwestern Mutual provides aspiring financial professionals with a robust framework for building an integrated financial planning practice from the ground up. Interns receive guidance, connection, and comprehensive support to kickstart their careers. Coming from diverse academic backgrounds, participants will engage with local and nationwide experts, gain access to exclusive financial products, and benefit from the backing 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, where hard work is truly rewarded.

Key Responsibilities:
The internship closely mimics the full-time Financial Representative career, allowing interns to:

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

Program Structure & Growth Opportunities:
As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to accommodate your academic commitments. The program offers the option to participate year-round, allowing continuous growth and support for additional 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 industry experts. The program emphasizes personal and professional growth through diverse resources and a supportive culture. Eligible students with interest will have the 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 motivated individuals who meet the following criteria:

• Currently a full-time student; juniors and seniors are preferred.
• Possess entrepreneurial ambitions and a strong curiosity for sales.
• Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Demonstrate excellent time-management skills.
• Have a keen interest in financial literacy and planning tools.
• Exhibit business savvy and a desire to increase critical thinking abilities.

Compensation & Benefits:
This internship offers a competitive compensation and benefits package, including:

• 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?

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

Important Notes:
Northwestern Mutual College Financial Representatives are considered Independent Contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes, with income based on production. Should an offer to apply for approval of an intern contract be extended, a national criminal background check is required. Approval to contract will be withdrawn if the background check results provide information that would prevent employment with Northwestern Mutual.

Salary Range:
USD $500.00 – USD $1,000.00 /Yr.