Job Description

College Financial Representative Internship

Location: 200 SW Market St

Overview

The College Financial Representatives internship program at Northwestern Mutual provides students with guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Interns, from varying academic backgrounds, will begin to build a financial planning practice while engaging local and nationwide experts, exclusive financial products, and the robust support of a Fortune 500 company. This opportunity allows you to build confidence, develop a professional network, and help people achieve financial freedom. Here, hard work pays off!

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to work around your life and classes. With the option to participate in our internship program year-round, you can continuously grow your practice and obtain support for registrations and certifications such as the Series 6 & 63 or CFP®. The program also offers inspiration at local and national recognition events, access to leadership programs, and collaboration with experts. Eligible students also have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Responsibilities

Our internship program closely mimics our full-time Financial Representative career, allowing you to:

• 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.

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 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).

Salary Range

USD $500.00 – USD $1,000.00 /Yr.

About Northwestern Mutual

For over 165 years, Northwestern Mutual has helped clients achieve financial freedom through comprehensive and innovative financial planning. They combine the expertise of financial professionals with a personalized digital experience and industry-leading products to help clients successfully navigate their financial lives. Their tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping clients consistently on track to meet their goals. The company leads with unmatched financial strength and access to the best products and services.

Northwestern Mutual’s 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. The company highly values an inclusive and belonging workplace where everyone’s unique viewpoints bring new successes, striving to create teams that reflect their customers and communities.

Why Join Northwestern Mutual?

• Fortune 500 company (2023)
• Top 100 Internship Programs, Yello x WayUp (2022)
• 5.0+ million clients and growing ²
• $257 billion retail investment client assets held or managed ³
• Forbes’ Best Employers for Diversity (2018-2021)
• Unsurpassed financial strength ⁴
• Best Place to Work for LGBTQ+ Equality – Human Rights Campaign Corporate Equality Index (2015-2021)

Disclaimers & Footnotes

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)