College Financial Representative Internship

Job Description

College Financial Representative Internship – Northwestern Mutual

Location: 1 Monarch Place

Overview:

Northwestern Mutual offers a dynamic internship program for College Financial Representatives, providing comprehensive guidance, vital connections, and a clear framework to build an integrated financial planning practice from the ground up. This program is designed for students from diverse academic backgrounds and experiences who are ready to begin their journey in financial planning. Interns will engage with local and nationwide experts, gain access to exclusive financial products, and benefit from the robust support of a Fortune 500 company. This is an unparalleled opportunity to build confidence, develop a professional network, and directly help individuals achieve financial freedom, where hard work genuinely pays off!

Responsibilities:

Our internship program closely mirrors the responsibilities of a full-time Financial Representative career, allowing you to:

• Learn effective strategies for prospecting and networking to grow your business and client base.
• Develop and execute a comprehensive business strategy.
• Proactively call on potential clients and set meetings to understand their financial goals.
• Prepare detailed financial plans and offer useful recommendations.
• Gain hands-on exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Build invaluable life skills that create future career opportunities.

Program Structure & Development:

As a Northwestern Mutual College Financial Representative, you will enjoy a flexible schedule designed to accommodate your academic commitments and personal life. The option to participate in our internship program year-round allows for continuous growth of your practice and ongoing support for achieving 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 culture provides diverse resources to ensure both personal and professional growth throughout the program. Eligible students demonstrating strong performance will have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:

Are you a fit for this exceptional internship?

• Currently a full-time student; juniors and seniors are preferred.
• Possess entrepreneurial ambitions and a genuine curiosity for sales.
• Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Demonstrate excellent time-management skills.
• Show a strong interest in financial literacy and planning tools.
• Exhibit 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 Northwestern Mutual:

For over 165 years, Northwestern Mutual has been dedicated to helping clients live fully 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 lives. Our tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and keep clients consistently on track towards their goals. We are renowned for our unmatched financial strength and access to the best products and services for our clients.

Diversity & Inclusion: As a company, we champion an inclusive and belonging workplace where every individual’s unique viewpoint contributes to new successes. We are committed to building teams that reflect our diverse customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Why join Northwestern Mutual?

• A proud Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serving 5.0+ million clients and growing.
• Manages or holds $257 billion in retail investment client assets.
• Named one of Forbes’ Best Employers for Diversity (2018-2021).
• Boasts Unsurpassed financial strength among U.S. life insurers.
• Recipient of the Human Rights Campaign Corporate Equality Index’s Best Place to Work for LGBTQ+ Equality (2015-2021).

Important Note: Northwestern Mutual College Financial Representatives are considered Independent Contractors for income tax purposes, and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. Income is based on production. Should an offer be extended to apply for approval of an intern contract, a national criminal background check is required. Approval to contract will be withdrawn if background check results provide information precluding employment with Northwestern Mutual.

Salary Range:
USD $500.00 – USD $1,000.00 /Yr.