College Financial Representative Internship

Job Description

College Financial Representative Internship – Northwestern Mutual

Overview:
Northwestern Mutual is offering a dynamic internship program for College Financial Representatives. This program provides comprehensive guidance, strong connections, and a structured framework for students to build an integrated financial planning practice from the ground up. Interns will engage with local and nationwide experts, gain access to exclusive financial products, and benefit from the robust support of a Fortune 500 company. This opportunity is designed to build confidence, develop a professional network, and empower individuals to help others achieve financial freedom, where hard work is directly rewarded.

Location:
36-60 Main Street

Key Responsibilities:
The internship program closely mirrors a full-time Financial Representative career, offering practical, hands-on experience. Responsibilities include:

• Learning how to prospect and network effectively to build a personal business and client base.
• Developing and executing a comprehensive business strategy.
• Proactively calling on potential clients and setting meetings to understand their unique financial goals.
• Preparing personalized financial plans and offering useful, tailored recommendations.
• Gaining exposure to proprietary financial planning software platforms.
• Participating in weekly coaching, training, and development meetings to foster continuous growth.
• Receiving support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Building essential life skills that will create future career opportunities in various fields.

Program Highlights & Benefits:
As a Northwestern Mutual College Financial Representative, you can expect:

• A flexible schedule designed to accommodate your academic commitments and personal life.
• The option to participate in the internship program year-round, allowing for continuous growth and development.
• Ongoing support for pursuing advanced registrations and certifications such as the Series 6 & 63 or the prestigious CFP® designation.
• Opportunities for inspiration at local and national recognition events.
• Access to exclusive leadership programs.
• Collaboration with experienced experts across the business.
• A culture rich in diverse resources dedicated to ensuring your personal and professional growth.
• An opportunity for eligible students to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:
Northwestern Mutual is seeking individuals who are:

• A full-time student (juniors and seniors are preferred).
• Possess strong entrepreneurial ambitions and a genuine curiosity for sales.
• Highly involved on campus (e.g., leaders in organizations, athletes, student government, etc.).
• Demonstrate excellent time-management skills.
• Have a keen interest in financial literacy and planning tools.
• Business savvy with a strong desire to increase critical thinking abilities.

Compensation & Incentives:
Interns benefit from a rewarding compensation structure:

• Performance-based earnings and revenue, directly reflecting your hard work and results.
• Learning and Development Incentives of up to $1000 per month (not inclusive of earned commissions).
• Productivity Bonuses.
• Full support for obtaining essential insurance licensing (life, health, disability income, long-term care).
• Support for SIE, Series 6, and Series 63 registrations (eligibility required).

About Northwestern Mutual:
For over 165 years, Northwestern Mutual has been dedicated to helping clients live fully through comprehensive and innovative financial planning. The company combines the expertise of its financial professionals with personalized digital experiences and industry-leading products to empower clients in navigating their financial lives successfully. Their tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and keep clients consistently on track to meet their goals. Northwestern Mutual is known for its unmatched financial strength and access to premier products and services.

Company Culture:
Northwestern Mutual values an inclusive and belonging workplace where every individual’s unique viewpoint contributes to new successes. The company strives to build teams that mirror its diverse customer base and communities, fostering an environment where all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual?

• A prestigious Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Servicing over 5.0 million clients and growing (as of June 30, 2023).
• Manages or holds $257 billion in retail investment client assets (as of June 30, 2023).
• Consistently ranked among Forbes’ 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 by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Note:
Northwestern Mutual College Financial Representatives are classified as Independent Contractors for income tax purposes, with income based on production. They are considered “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. If approved for an intern contract, a national criminal background check is required. Approval may be withdrawn if background check results do not meet company standards.

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