College Financial Representative Internship

Job Description

Job Title: College Financial Representative Internship

Company: Northwestern Mutual

Location: 20 Newbury St Fl 3

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Overview

The College Financial Representative internship program at Northwestern Mutual offers a unique opportunity for students to build an integrated financial planning practice from the ground up. Interns receive guidance, connection, and a robust framework, 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, where hard work is directly rewarded.

Responsibilities

Mimicking a full-time Financial Representative career, this internship allows you to:

• Learn essential skills in prospecting and networking to build your business and client base.
• Develop and execute on a comprehensive business strategy.
• Engage with potential clients to understand their financial goals through proactive outreach and meetings.
• Prepare detailed financial plans and offer useful, personalized recommendations.
• Gain exposure to proprietary financial planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Build valuable life skills that create diverse future career opportunities.

Program Details & Perks

• Enjoy a flexible schedule designed to accommodate your academic and personal life.
• Option to participate in the internship program year-round to continuously grow your practice.
• Receive support for obtaining registrations and certifications such as the Series 6 & 63 or CFP®.
• Gain inspiration at local and national recognition events.
• Access leadership programs and collaborate with industry experts.
• Benefit from diverse resources across Northwestern Mutual’s culture to foster personal and professional growth.
• Eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications

Are you a fit for this internship? We are looking for individuals who are:

• A full-time student; juniors and seniors 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.
• Have 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.
• Full support for obtaining 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 (insurance, investments, and annuities) to help clients navigate their financial lives successfully. Leading with unmatched financial strength and access to top-tier products and services, we ensure our clients stay on track to meet their goals.

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

We are committed to fostering an inclusive and belonging workplace where everyone’s unique viewpoints contribute to new successes. We strive to build teams that reflect our diverse customers and communities, ensuring all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual?

• Recognized as a Fortune 500 company (2023).
• Ranked among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serving over 5.0+ million clients and growing.
• Manages or holds $257 billion in retail investment client assets (as of June 30, 2023).
• Acknowledged by Forbes as one of the Best Employers for Diversity (2018-2021).
• Boasts unsurpassed financial strength among U.S. life insurers.
• Named 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 you be offered an intern contract, a national criminal background check is required. Approval to contract will be withdrawn if the background check results provide information that would prevent working for Northwestern Mutual.

Salary Range

USD $500.00 – USD $1,000.00 /Yr. (Performance-based, not inclusive of earned commissions and other incentives.)