College Financial Representative (Internship)

Job Description

Job Title: College Financial Representative – Internship Program

Location: 601 Carlson Pkwy Ste 300

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Overview: Build Your Future in Financial Planning

Embark on a unique journey with the Northwestern Mutual College Financial Representative internship program. This immersive opportunity provides ambitious college students with comprehensive guidance, invaluable connections, and a structured framework to establish an integrated financial planning practice right from the ground up. Regardless of your academic background, you’ll gain hands-on experience by building your own client base, leveraging the expertise of local and national specialists, accessing exclusive financial products, and benefiting from the robust support of a Fortune 500 company.

This program is designed to significantly enhance your confidence, expand your professional network, and empower you to help individuals achieve financial freedom. At Northwestern Mutual, your dedication and hard work are directly rewarded.

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Key Responsibilities: A Real-World Experience

Our internship is meticulously crafted to mirror the responsibilities of a full-time Financial Representative, offering you an authentic career preview:

• Business Development & Client Acquisition: Master the art of prospecting and networking to effectively build your own business and cultivate a strong client base.
• Strategic Planning & Execution: Develop and implement a robust business strategy designed for growth and sustainability.
• Client Engagement: Initiate contact with potential clients, schedule meetings, and conduct in-depth discussions to thoroughly understand their financial aspirations and goals.
• Financial Analysis & Recommendation: Prepare tailored financial plans and provide insightful, useful recommendations to help clients achieve their objectives.
• Cutting-Edge Technology Exposure: Gain hands-on experience with proprietary financial planning software platforms.
• Ongoing Professional Development: Actively participate in weekly coaching, training, and development meetings designed to hone your skills.
• Professional Licensing: Receive comprehensive support to obtain essential Risk Product State Licensing, including Life, Accident, and Health.
• Essential Life Skills Development: Cultivate invaluable life skills that are transferable and beneficial for any future career path.

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Program Structure & Career Growth

As a Northwestern Mutual College Financial Representative, you’ll benefit from:

• Flexible Scheduling: Enjoy a flexible schedule that seamlessly integrates with your academic commitments and personal life.
• Year-Round Opportunity: Opt to participate in our internship program year-round, allowing continuous growth of your practice and ongoing development.
• Advanced Certifications Support: Receive support and guidance for further registrations and certifications, such as the Series 6 & 63, and even the prestigious CFP® (Certified Financial Planner™) designation.
• Recognition & Leadership: Get inspired at local and national recognition events, gain access to exclusive leadership development programs, and collaborate with leading experts in the financial industry.
• Diverse Resources: Access a rich array of resources across our inclusive culture, ensuring continuous personal and professional growth.
• Full-Time Career Path: Eligible students demonstrating interest and strong performance will have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

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Qualifications: Are You the Right Fit?

We are seeking driven, proactive students with a passion for learning and leadership:

• Academic Status: Currently enrolled as a full-time student; juniors and seniors are preferred.
• Entrepreneurial Spirit: Possess strong entrepreneurial ambitions and 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.
• Financial Acumen: A keen interest in financial literacy and planning tools.
• Strategic Mindset: Business savvy with a desire to significantly increase critical thinking abilities.

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Compensation & Benefits: Your Hard Work Rewarded

Your commitment and success are directly reflected in your earnings and comprehensive support:

• Performance-Based Earnings: This role offers primarily performance-based earnings and revenue, directly correlating with your efforts and success in client engagement.
• Learning & Development Incentives: Access significant incentives, including up to $1,000 per month in Learning and Development Incentives (exclusive of earned commissions).
• Productivity Bonuses: Earn additional compensation through various Productivity Bonuses.
• Licensing Support: Comprehensive support for obtaining essential insurance licensing (Life, Health, Disability Income, Long Term Care).
• Registration Support: Support for achieving SIE, Series 6, and Series 63 registrations (eligibility required).

Note on Compensation: The stated annual range of USD $500.00 – USD $1,000.00 /Yr. may represent a baseline or minimum annual component of the various incentives, with total compensation being directly tied to your sales performance, successful client engagement, and the monthly Learning and Development Incentives up to $1,000. Actual earnings are highly variable and reflect individual productivity.

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About Northwestern Mutual: Pioneering Financial Security for Over 165 Years

For over 165 years, Northwestern Mutual has been dedicated to helping clients live their lives to the fullest through comprehensive and innovative financial planning. We combine the unparalleled expertise of our financial professionals with a personalized digital experience and industry-leading products to empower clients in successfully navigating 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 commitment to providing access to the best products and services for our clients.

Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they operate as independent contractors for income tax purposes and as “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. We pride ourselves on fostering an inclusive and belonging workplace where every unique viewpoint contributes to new successes. We are committed to building teams that mirror our diverse customers and communities, ensuring all employees feel welcomed, valued, and heard.

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Why Join Northwestern Mutual? Unmatched Strength & Recognition

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

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