College Financial Representative Intern

Job Description

Location: 2859 Paces Ferry Rd SE

About the Internship: College Financial Representative Program at Northwestern Mutual

Northwestern Mutual invites ambitious college students to join our highly regarded internship program as College Financial Representatives. This program offers a unique opportunity to gain practical experience and build a foundational integrated financial planning practice from the ground up, all within the supportive framework of a Fortune 500 company. We welcome students from diverse academic backgrounds and experiences who are eager to make a tangible impact.

Program Overview & Benefits:

• Guidance & Support: Receive comprehensive guidance, mentorship, and a clear framework for success.
• Expert Connection: Engage with local and nationwide financial experts, leveraging their knowledge and experience.
• Exclusive Resources: Access exclusive financial products and the robust support of a Fortune 500 company.
• Professional Development: Build confidence, cultivate a professional network, and develop essential skills for future career success.
• Impactful Work: Contribute to helping individuals achieve financial freedom through comprehensive planning.
• Hard Work Pays Off: Our performance-based structure rewards dedication and results.

Key Responsibilities & Learning Opportunities:

This internship mirrors the experience of a full-time Financial Representative, providing a robust learning environment where you will:
• Business Development: Learn and apply prospecting and networking strategies to build your own business and client base.
• Strategic Planning: Develop and execute a personal business strategy.
• Client Engagement: Initiate contact with potential clients, set meetings, and conduct needs analyses to understand their financial goals.
• Financial Recommendations: Prepare tailored financial plans and offer useful, actionable recommendations.
• Software Exposure: Gain hands-on experience with proprietary financial planning software platforms.
• Continuous Development: Participate in weekly coaching, training, and development meetings to refine your skills.
• Licensing & Certification:
• Receive support for obtaining Risk Product State Licensing: Life, Accident, and Health.
• Eligible students can receive support for SIE, Series 6, and Series 63 registrations.
• Year-round interns can pursue support for CFP® certification.
• Life Skills: Acquire invaluable life skills that will open doors to a wide array of future career opportunities.

What You Can Expect:

• Flexible Schedule: Enjoy a flexible work schedule designed to accommodate your academic commitments and personal life.
• Year-Round Participation: Option to participate in the internship program year-round, allowing for continuous growth and development.
• Recognition & Leadership: Get inspired at local and national recognition events and gain access to leadership programs.
• Collaborative Environment: Collaborate with experts and utilize diverse resources within our inclusive culture to foster personal and professional growth.
• Full-Time Opportunity: Eligible students who demonstrate exceptional performance will have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications: Are You a Fit?

We are seeking driven individuals who possess:
• Academic Standing: Full-time student; juniors and seniors preferred.
• Entrepreneurial Spirit: Strong entrepreneurial ambitions and a genuine curiosity for sales.
• Campus Involvement: Highly involved on campus (e.g., leader in student organizations, athlete, student government).
• Time Management: Excellent time-management skills to balance academic and professional responsibilities.
• Financial Interest: A keen interest in financial literacy and planning tools.
• Business Acumen: Business savvy and a desire to enhance critical thinking abilities.

Compensation & Benefits:

This program is designed to reward your efforts and invest in your development:
• Performance-Based Earnings: Earn through performance-based commissions and revenue generated.
• Learning & Development Incentives: Up to $1,000/month (not inclusive of earned commissions) to support your growth.
• Productivity Bonuses: Opportunities to earn additional bonuses based on productivity.
• Licensing Support: Full support for insurance licensing (life, health, disability income, long-term care).
• Registration Support: Support for SIE, Series 6, Series 63 registrations (eligibility required).

About Northwestern Mutual:

For over 165 years, Northwestern Mutual has been dedicated to helping clients live their lives to the fullest through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experiences and industry-leading products to empower clients to successfully navigate their financial journeys. Our tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—to ensure clients consistently meet their financial goals. We are renowned for our unmatched financial strength and commitment to providing the best products and services.

Why Join Northwestern Mutual?

• Fortune 500 Company: Ranked as a Fortune 500 company (2023).
• Top Internship Program: Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Expansive Client Base: Serving 5.0+ million clients and growing.
• Significant Assets: $257 billion in retail investment client assets held or managed (as of June 30, 2023).
• Award-Winning Culture:
• Forbes’ Best Employers for Diversity (2018-2021).
• Best Place to Work for LGBTQ+ Equality – Human Rights Campaign Corporate Equality Index (2015-2021).
• Unsurpassed Financial Strength: Consistently receives top financial strength ratings among U.S. life insurers.
• Inclusive Workplace: We value an inclusive and belonging workplace where every unique viewpoint contributes to success, fostering an environment where all employees are welcomed, valued, and heard.

Important Note on Employment Status:

Northwestern Mutual College Financial Representatives are considered Independent Contractors for income tax purposes, with income based on production. For Federal Insurance Contributions Act (FICA) tax purposes, they are considered a “statutory employee.” A national criminal background check is required for approval to contract as a Northwestern Mutual College Financial Representative.

Salary Range:

USD $500.00 – USD $1,000.00 /Yr. (This range pertains to learning and development incentives, not inclusive of earned commissions and productivity bonuses.)