College Financial Representative Internship

Job Description

About Northwestern Mutual:

For over 165 years, Northwestern Mutual has been helping clients achieve financial security through comprehensive and innovative financial planning. They combine financial professional expertise with personalized digital experiences and industry-leading products. Their approach includes insurance, investments, and annuities to help clients meet their financial goals. The company values an inclusive workplace and strives to create diverse teams.

Job Description: College Financial Representative Internship

The College Financial Representative internship program at Northwestern Mutual provides guidance, connection, and a framework for building an integrated financial planning practice. Interns will build a financial planning practice, engage with experts, utilize exclusive financial products, and receive support from a Fortune 500 company.

Responsibilities:

• Learn prospecting and networking 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.
• Engage in weekly coaching, training, and development meetings.
• Receive Risk Product State Licensing: Life, Accident, and Health
• Build life skills that create future career opportunities.

Program Highlights:

• Flexible schedule: Work around classes and personal life.
• Year-round participation: Grow your practice and obtain support for registrations and certifications (Series 6 & 63 or CFP®).
• Recognition: Attend local and national recognition events.
• Leadership opportunities: Access leadership programs.
• Collaboration: Work with experts in the business.
• Career Advancement: Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:

• Full-time student (juniors and seniors preferred).
• Entrepreneurial ambitions and curiosity for sales.
• Highly involved 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).
• Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors for income tax purposes, and a “statutory employee” for Federal Insurance Contributions Act (FICA) tax purposes.