College Financial Representative Intern

Job Description

College Financial Representative Internship Program

Location: 1515 S Federal Hwy

Overview

The College Financial Representative internship program at Northwestern Mutual offers a structured environment for students to build an integrated financial planning practice from the ground up. Interns receive guidance, connection, and a framework to develop their skills. Coming from diverse academic backgrounds, our college financial representatives begin building their practice by engaging with local and nationwide experts, accessing exclusive financial products, and leveraging the robust support of a Fortune 500 company. This program provides an opportunity to build confidence, expand a professional network, and directly help individuals achieve financial freedom. Hard work is recognized and rewarded here!

Responsibilities

Our internship program is designed to mirror the full-time Financial Representative career, allowing you to:

• Learn how to prospect and network effectively to build your business and client base.
• Develop and execute a comprehensive business strategy.
• Proactively call on potential clients and set meetings to understand their financial goals.
• Prepare detailed financial 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 valuable 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 life and academic commitments. With the option to participate in our internship program year-round, you can continuously grow your practice and receive 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 experts across the business. Our culture provides diverse resources to ensure personal and professional growth. Eligible students who demonstrate interest have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications

Are you a fit for this internship?

• Full-time student; juniors and seniors preferred.
• Possess entrepreneurial ambitions and a curiosity for sales.
• Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Demonstrate excellent time-management skills.
• Have an interest in financial literacy and planning tools.
• Exhibit business savvy and a 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).

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

About Northwestern Mutual

For over 165 years, Northwestern Mutual has been dedicated to helping clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experiences and industry-leading products to empower clients to successfully navigate their financial lives. Our tailored approach incorporates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and keep clients consistently on track to meet their goals. We are distinguished by 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 contractors¹ for income tax purposes, and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we champion an inclusive and belonging workplace where everyone’s unique viewpoints contribute to new successes. We strive to create teams that reflect our diverse customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual?

• Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serving 5.0+ million clients and growing².
• Manages or holds $257 billion in retail investment client assets³.
• Named one of Forbes’ Best Employers for Diversity (2018-2021).
• Boasts Unsurpassed financial strength⁴.
• Achieved Best Place to Work for LGBTQ+ Equality – Human Rights Campaign Corporate Equality Index (2015-2021).

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)