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Job Description
About the Job: College Financial Representative (Internship Program)
Location: 303 E Main St Ste 101
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### Overview: Build Your Future in Financial Planning
Northwestern Mutual invites ambitious college students to join its College Financial Representative Internship Program. This unique opportunity provides comprehensive guidance, crucial connections, and a structured framework for individuals to embark on building an integrated financial planning practice from the ground up.
As a College Financial Representative Intern, you will gain invaluable experience, regardless of your academic background. You’ll engage with local and nationwide experts, access exclusive financial products, and benefit from the unwavering support of a Fortune 500 company. This program is designed to empower you to:
• Build Confidence: Develop professional acumen and self-assurance.
• Expand Your Network: Forge valuable connections within the industry.
• Impact Lives: Help individuals achieve their financial freedom.
• Experience Rewards: Witness firsthand how hard work translates into tangible success.
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### Key Responsibilities: A Glimpse into a Full-Time Career
Our internship program is meticulously crafted to mimic the experience of a full-time Financial Representative career, offering a dynamic learning environment where you will:
• Business Development: Master the art of prospecting and networking to cultivate your personal business and client base.
• Strategic Planning: Develop and rigorously execute a robust business strategy tailored to your goals.
• Client Engagement: Proactively call on potential clients, set meetings, and deeply understand their financial aspirations.
• Financial Expertise: Prepare comprehensive financial plans and offer insightful, useful recommendations.
• Tech Savvy: Gain hands-on exposure to proprietary planning software platforms, essential tools in modern financial advising.
• Continuous Growth: Participate in weekly coaching, training, and development meetings designed to accelerate your professional journey.
• Professional Licensing: Receive full support for obtaining your Risk Product State Licensing: Life, Accident, and Health, a critical step in the financial industry.
• Skill Enhancement: Develop invaluable life skills that will open doors to a multitude of future career opportunities.
Flexibility and Career Trajectory:
• Enjoy a flexible schedule that seamlessly integrates with your academic life and classes.
• Benefit from the option to participate in our internship program year-round, allowing for continuous practice growth.
• Receive dedicated support for pursuing advanced registrations and certifications such as the Series 6 & 63 or the prestigious CFP® designation (eligibility required).
• Get inspired at local and national recognition events, earn access to exclusive leadership programs, and collaborate directly with industry experts.
• Immerse yourself in a culture rich with diverse resources, ensuring unparalleled personal and professional growth.
• Future Opportunity: Eligible students will have the esteemed opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.
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### Qualifications: Are You a Fit?
We are seeking driven, proactive individuals who meet the following criteria:
• Academic Standing: Currently enrolled as a full-time student; juniors and seniors are preferred.
• Entrepreneurial Spirit: Possess strong entrepreneurial ambitions coupled with a genuine curiosity for sales.
• Campus Involvement: Highly involved in campus activities, demonstrating leadership (e.g., leader, athlete, campus organizations, student government).
• Organizational Skills: Exhibit excellent time-management skills, crucial for balancing academic and professional commitments.
• Financial Interest: A keen interest in financial literacy and the application of financial planning tools.
• Business Acumen: Possess strong business savvy and a desire to continuously increase critical thinking abilities.
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### Compensation & Benefits: Rewarding Your Drive
Your hard work and dedication will be recognized through a competitive structure:
• Performance-Based Earnings: Compensation is driven by your performance and revenue generation, rewarding your success directly.
• Learning & Development Incentives: Opportunities to earn up to $1,000 per month (not inclusive of earned commissions), supporting your ongoing professional growth.
• Productivity Bonuses: Additional bonuses awarded for achieving productivity milestones.
• Comprehensive Licensing Support: Full support provided for obtaining essential insurance licensing, including life, health, disability income (DI), and long-term care (LTC).
• Registration Support: Assistance with SIE, Series 6, and Series 63 registrations (eligibility required), paving the way for advanced financial advising.
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### About Northwestern Mutual: Over 165 Years of Financial Strength
For over 165 years, Northwestern Mutual has been a beacon of trust, helping clients “spend their lives living” through comprehensive and innovative financial planning. We combine the unparalleled expertise of our financial professionals with a personalized digital experience and a suite of industry-leading products, empowering clients to successfully navigate their financial journeys.
Our tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—each meticulously designed to reinforce the others, ensuring our clients remain consistently on track to meet their diverse financial goals. We are renowned for our unmatched financial strength and provide access to the best products and services for our clients.
A Valued Partnership:
Our Financial Representatives and College Financial Representatives are highly valued partners and proud business owners. They operate as independent contractors for income tax purposes and are classified as “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes.
Our Inclusive Culture:
At Northwestern Mutual, we deeply value an inclusive and belonging workplace where everyone’s unique viewpoints contribute to new successes. We are committed to creating teams that authentically reflect our diverse customers and communities, fostering an environment where all employees are welcomed, valued, and heard.
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### Why Join Northwestern Mutual? A Leader in the Industry
Choosing Northwestern Mutual means aligning yourself with a leader:
• Fortune 500 Company (2023)
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022)
• Serving 5.0+ million clients and growing (as of June 30, 2023)
• Managing $257 billion in retail investment client assets (combined client assets of NMIS and NMWMC as of June 30, 2023)
• Named among Forbes’ Best Employers for Diversity (2018-2021)
• Boasts unsurpassed financial strength among U.S. life insurers (with top ratings from Moody’s, A.M. Best, Fitch, S&P Global Ratings)
• Consistently recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Corporate Equality Index (2015-2021)
Important Note: Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. Should an offer to apply for approval of an intern contract be extended, a national criminal background check is required. Approval to contract is contingent upon satisfactory background check results.
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### Salary Range
USD $500.00 – USD $1,000.00 /Yr.
*(Please note that this range typically refers to a base component or initial learning stipend, with performance-based earnings, commissions, and monthly incentives offering significant additional income potential.)*