College Financial Representative
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Job Description
About Company:
Northwestern Mutual has been providing financial planning services for over 165 years. They offer a range of financial strategies, including insurance, investments, and annuities. The company emphasizes financial strength, a personalized digital experience, and the expertise of their financial professionals. They value inclusivity and diversity in the workplace and are committed to creating a supportive environment for their employees.
Job Description:
This is an internship program for College Financial Representatives. The program aims to provide guidance, connection, and a framework for building an integrated financial planning practice. Interns come from diverse academic backgrounds and build a financial planning practice with access to local and nationwide experts, exclusive financial products, and the support of a Fortune 500 company.
Responsibilities:
• Learn how to prospect and network to build your business and client base
• Develop and execute on a business strategy
• Call on potential clients and set meetings to understand their financial goals
• Prepare plans and offer useful 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
The internship offers a flexible schedule to accommodate classes. Year-round participation is available, with support for registrations and certifications like the Series 6 & 63 or CFP®. Interns can attend recognition events, access leadership programs, and collaborate with experts. Upon graduation, eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role.
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)
Important Notes:
• College Financial Representatives are independent contractors for income tax purposes and “statutory employees” for FICA tax purposes.
• A national criminal background check is required for internship approval.
• Salary Range: USD $500.00 – USD $20,000.00 /Yr.
