College Financial Representative Internship

Job Description

Job Title: College Financial Representative Internship

Location: 909 W Main St Ste 4

Overview:

The College Financial Representative internship program at Northwestern Mutual offers a unique opportunity for students to gain guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Interns from diverse academic backgrounds and experiences will begin to construct a financial planning practice while engaging with local and nationwide experts, exclusive financial products, and the robust support of a Fortune 500 company. This program is designed to help you build confidence, develop a professional network, and empower individuals to achieve financial freedom. At Northwestern Mutual, hard work pays off!

Responsibilities:

Our internship program closely mimics the full-time Financial Representative career, providing a comprehensive learning experience:

• Learn how to prospect and network to build your business and client base.
• Develop and execute on a strategic business strategy.
• Call on potential clients and set meetings to understand their financial goals.
• Prepare financial plans and offer useful, tailored recommendations.
• Gain exposure to proprietary planning software platforms.
• Engage in weekly coaching, training, and development meetings.
• Receive support to obtain 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 industry experts. Our culture provides diverse resources to ensure both personal and professional growth throughout the program. Eligible students demonstrating 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 dynamic internship?

• Full-time student; juniors and seniors preferred.
• Entrepreneurial ambitions and a genuine 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 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).

About Northwestern Mutual:

For over 165 years, Northwestern Mutual has empowered clients to spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with a personalized digital experience and industry-leading products to help clients successfully navigate their financial lives. Our tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with 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 a “statutory employee” for Federal Insurance Contributions Act (FICA) tax purposes.

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

Why join Northwestern Mutual?

• Fortune 500 company (2023).
• Top 100 Internship Programs, Yello x WayUp (2022).
• 5.0+ million clients and growing².
• $257 billion retail investment client assets held or managed by Northwestern Mutual³.
• Forbes’ Best Employers for Diversity (2018-2021).
• Unsurpassed financial strength⁴.
• Best Place to Work for LGBTQ+ Equality – 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.