College Financial Representative Internship

Job Description

About the Company

For over 165 years, Northwestern Mutual has focused on comprehensive and innovative financial planning. They combine the expertise of their financial professionals with personalized digital experiences and industry-leading products to help clients navigate their financial lives. Their approach includes insurance, investments, and annuities, designed to work together to help clients meet their financial goals. They have a strong financial standing and offer a range of products and services. Northwestern Mutual values inclusivity and strives to create diverse teams that reflect their customers and communities.

Job Description: College Financial Representative Internship

This internship program at Northwestern Mutual offers guidance, connection, and a framework for building an integrated financial planning practice. College Financial Representatives, coming from various academic backgrounds, learn to build a financial planning practice with the support of local and national experts, exclusive financial products, and a Fortune 500 company. The internship aims to build confidence, develop a professional network, and enable students to help people achieve financial freedom.

Responsibilities:

• Learn prospecting and networking skills to build a business and client base.
• Develop and execute a business strategy.
• Contact potential clients and set meetings to understand their financial goals.
• Prepare financial plans and offer recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing: Life, Accident, and Health.
• Build life skills that create future career opportunities.

The internship offers a flexible schedule to accommodate classes. It is a year-round program providing continuous growth and support for registrations and certifications like Series 6 & 63 or CFP®. There are opportunities to attend recognition events, access leadership programs, and collaborate with experts. Eligible students may have the chance to interview for a full-time Financial Representative or Advisor role after graduation.

Qualifications:

• Full-time student (juniors and seniors preferred).
• Entrepreneurial ambitions and interest in sales.
• Involvement on campus (leader, athlete, campus orgs, student government, etc).
• Excellent time-management skills.
• Interest in financial literacy and planning tools.
• Business savvy and 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).

Note: College Financial Representatives are independent contractors, but “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. A national criminal background check is required for internship approval.