College Financial Representative Internship

11790 Sunrise Valley Dr Overview: College Financial Representative Internship

Embark on a transformative journey with Northwestern Mutual’s College Financial Representative internship program. Located at 11790 Sunrise Valley Dr, this program offers ambitious students the unique opportunity to gain a comprehensive understanding of integrated financial planning. We provide invaluable guidance, robust connections, and a structured framework designed to help you build a professional financial planning practice from the ground up. Regardless of your academic background, you will engage with local and national experts, gain access to exclusive financial products, and leverage the unwavering support of a Fortune 500 company. This internship is your chance to significantly boost your confidence, cultivate a powerful professional network, and directly empower individuals to achieve financial freedom. At Northwestern Mutual, your hard work truly yields rewarding results.

Key Responsibilities

Our internship program is meticulously designed to mirror the comprehensive career path of our full-time Financial Representatives, offering hands-on experience and skill development:

• Business Development & Networking: Master the art of prospecting and networking to strategically build your client base and expand your professional footprint.
• Strategic Planning & Execution: Develop and implement a robust business strategy, learning the intricacies of market analysis and client acquisition.
• Client Engagement & Needs Analysis: Proactively reach out to potential clients, schedule meetings, and conduct in-depth discussions to thoroughly understand their unique financial goals and aspirations.
• Financial Planning & Recommendations: Craft personalized financial plans and provide actionable, useful recommendations tailored to meet client objectives.
• Proprietary Software Exposure: Gain valuable experience with Northwestern Mutual’s cutting-edge, proprietary financial planning software platforms.
• Continuous Learning & Development: Participate in weekly coaching sessions, intensive training programs, and professional development meetings designed to accelerate your growth.
• Professional Licensing: Receive comprehensive support to obtain essential Risk Product State Licensing, including Life, Accident, and Health.
• Life Skill Enhancement: Cultivate critical life skills such as communication, problem-solving, and resilience that are invaluable for any future career path.

We understand the demands of student life, which is why our program offers a flexible schedule that seamlessly integrates with your academic commitments. You have the option to participate in our internship program year-round, allowing for continuous growth of your practice and ongoing support for advanced registrations and certifications such as the Series 6 & 63 or CFP®. Inspire yourself at local and national recognition events, gain access to exclusive leadership programs, and collaborate with industry experts. Our vibrant culture is rich with diverse resources dedicated to ensuring your personal and professional growth. Moreover, eligible students demonstrating interest will have a valuable opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications – Are You a Fit?

We are seeking dynamic and driven individuals who possess the following qualities:

• Academic Standing: Currently enrolled as a full-time student; juniors and seniors are preferred.
• Entrepreneurial Drive: Possess strong entrepreneurial ambitions coupled with a genuine curiosity for sales and client relationship building.
• Campus Leadership: Highly involved in campus life, demonstrating leadership roles in organizations, athletics, student government, or other campus initiatives.
• Exceptional Time Management: Exhibit excellent organizational and time-management skills to balance academic rigor with professional development.
• Financial Acumen: A keen interest in financial literacy, planning tools, and helping others achieve financial security.
• Business Savvy: Display strong business acumen and a desire to enhance critical thinking and analytical abilities.

Compensation & Benefits

Your dedication and performance are directly rewarded at Northwestern Mutual:

• Performance-Based Earnings: Your income is directly tied to your performance and the revenue you generate. This model empowers you to control your earning potential.
• Learning & Development Incentives: Opportunity to earn up to $1000 per month in incentives, which are *not• inclusive of earned commissions.
• Productivity Bonuses: Additional bonuses awarded based on achieving specific productivity milestones.
• Comprehensive Licensing Support: Full support for obtaining essential insurance licenses (Life, Health, Disability Income, Long-Term Care).
• Securities Registration Support: Support for SIE, Series 6, and Series 63 registrations (eligibility required).

Salary Range: The base compensation for this role is USD $500.00 – USD $1,000.00 /Yr. This figure represents a foundational component, with significant earning potential through performance-based commissions, learning & development incentives (up to $1000/month), and productivity bonuses.

About Northwestern Mutual

For over 165 years, Northwestern Mutual has been dedicated to helping our clients live fulfilling lives through comprehensive and innovative financial planning. We seamlessly integrate the expertise of our highly skilled financial professionals with personalized digital experiences and industry-leading products. This holistic approach empowers our clients to successfully navigate their financial journeys.

Our tailored financial strategies encompass a synergistic blend of insurance, investments, and annuities, all designed to reinforce each other and consistently keep our clients on track to achieve their goals. We are renowned for our unmatched financial strength and provide access to the best products and services available in the industry.

Our Financial Representatives and College Financial Representatives are highly valued partners and proud business owners. As such, they are classified as independent contractors¹ for income tax purposes, and a “statutory employee” for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we are deeply committed to fostering an inclusive and belonging workplace where every individual’s unique viewpoints contribute to collective success. We actively strive to build teams that mirror the diversity of our customers and communities, creating an environment where all employees feel 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 growing².
• Managing or holding $257 billion in retail investment client assets³.
• Consistently recognized as one of Forbes’ Best Employers for Diversity (2018-2021).
• Boasts Unsurpassed Financial Strength⁴, providing stability and trust.
• Named a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Corporate Equality Index (2015-2021).

Footnotes & Disclaimers:

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)