College Financial Representative Internship

100 Arboretum Dr Ste 140 Overview

The internship program for College Financial Representatives at Northwestern Mutual offers a structured environment for building an integrated financial planning practice from the ground up. Interns receive guidance, connection, and a robust framework to succeed. Regardless of academic background or experience, participants will begin constructing their financial planning practice by engaging with local and nationwide experts, exclusive financial products, and the unwavering support of a Fortune 500 company. This program is designed to help you build confidence, develop a professional network, and empower individuals to achieve financial freedom. At Northwestern Mutual, hard work pays off!

Responsibilities

Our internship program mirrors the experience of a full-time Financial Representative career, providing a comprehensive learning experience. You will:

• 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.

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule that accommodates your life and classes. With the option to participate in our internship program year-round, you can continuously grow your practice and receive support for registrations and certifications such as the Series 6 & 63 or CFP®. Interns are inspired at local and national recognition events, gain access to leadership programs, and collaborate with industry experts. Our diverse resources ensure significant personal and professional growth. Eligible students also have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications

Are you a fit for this internship?

• 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 a 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).

About Us

For over 165 years, Northwestern Mutual has empowered clients to spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with a personalized digital experience and industry-leading products to help clients successfully navigate their financial lives. Our tailored approach incorporates multiple financial strategies—insurance, investments, and annuities—designed to reinforce each other and keep clients consistently on track to meet their goals. We are known for our unmatched financial strength and access to the best products and services for our clients.

Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. They are considered independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we champion an inclusive and belonging workplace where everyone’s unique viewpoints contribute to new successes. We strive to build teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Why join Northwestern Mutual

• Fortune 500 company (2023).
• Top 100 Internship Programs, Yello x WayUp (2022).
• 5.0+ million clients and growing².
• $257 billion retail investment client assets held or managed by Northwestern Mutual³.
• Forbes’ Best Employers for Diversity (2018-2021).
• Unsurpassed financial strength⁴.
• Best Place to Work for LGBTQ+ Equality – Human Rights Campaign Corporate Equality Index (2015-2021).

Salary Range

USD $500.00 – USD $1,000.00 /Yr.

¹ Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of an intern contract to become a Northwestern Mutual College Financial Representative, a national criminal background check is required. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.
² As of June 30, 2023
³ Combined client assets of NMIS and NMWMC as of June 30, 2023
⁴ Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody’s Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)