College Financial Representative
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Job Description
About Northwestern Mutual
For over 165 years, Northwestern Mutual has provided comprehensive and innovative financial planning to help clients spend their lives living. The company combines the expertise of financial professionals with personalized digital experiences and industry-leading products. Their tailored approach includes insurance, investments, and annuities, designed to work together to keep clients on track to meet their financial goals. Northwestern Mutual prides itself on financial strength and access to the best products and services. They value an inclusive and belonging workplace that welcomes, values, and hears all employees. They are a Fortune 500 company with a significant client base and substantial retail investment client assets. They have received recognition as a top internship program and for their commitment to diversity and LGBTQ+ equality.
Job Description: College Financial Representative Internship
Northwestern Mutual Nebraska offers a College Financial Representative internship program that provides guidance, connection, and a framework for building an integrated financial planning practice. This internship mimics the full-time Financial Representative career, allowing students from various academic backgrounds to develop a financial planning practice with the support of local and nationwide experts, exclusive financial products, and a Fortune 500 company.
Responsibilities:
• Learn how to prospect and network to build your business and client base
• Develop and execute 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
• Get licensed with your Life, Accident, and Health insurance license
• Build life skills that create future career opportunities
Benefits and Opportunities:
• Flexible schedule to work around classes
• Year-round participation option
• Support for registrations and certifications such as the Series 6 & 63 or CFP®
• Local and national recognition events
• Access to leadership programs
• Collaboration with experts
• Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation
Ideal Candidate:
• 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 Note: Financial Representatives and College Financial Representatives are considered independent contractors for income tax purposes and a “statutory employee” for Federal Insurance Contributions Act (FICA) tax purposes.
