College Financial Representative Internship

Job Description

College Financial Representative Internship

Northwestern Mutual

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Overview

Are you a driven college student eager to build a foundational career in financial planning while still pursuing your education? Northwestern Mutual, a Fortune 500 company with over 165 years of experience, invites ambitious individuals to join our College Financial Representative Internship program. This program provides unparalleled guidance, connection, and a robust framework for building an integrated financial planning practice from the ground up.

Our interns, hailing from diverse academic backgrounds and experiences, gain immediate exposure to real-world financial planning. You’ll engage with local and nationwide experts, leverage exclusive financial products, and benefit from the unwavering support of a leading financial institution. This unique opportunity will empower you to build confidence, develop a professional network, and play a crucial role in helping individuals achieve financial freedom. Here, hard work truly pays off!

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Responsibilities

Our internship program is meticulously designed to mimic the full-time Financial Representative career, offering a comprehensive and immersive learning experience. As an intern, you will:

• Learn Business Development: Master the art of prospecting and networking to effectively build your own business and client base.
• Strategize & Execute: Develop and implement your personal business strategy, gaining valuable entrepreneurial skills.
• Engage Clients: Initiate contact with potential clients and set meetings to thoroughly understand their financial goals and needs.
• Propose Solutions: Prepare tailored financial plans and offer insightful, useful recommendations to help clients achieve their objectives.
• Utilize Technology: Gain hands-on exposure to proprietary planning software platforms, enhancing your technological acumen.
• Continuous Learning: Actively participate in weekly coaching, training, and development meetings designed to foster your growth.
• Obtain Licensing: Receive comprehensive support to acquire your Risk Product State Licensing for Life, Accident, and Health insurance.
• Develop Life Skills: Build invaluable life skills that will open doors to numerous future career opportunities.

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Program Highlights & Career Growth

As a Northwestern Mutual College Financial Representative, you can expect:

• Flexible Schedule: Enjoy a flexible schedule that seamlessly integrates with your life and academic commitments.
• Year-Round Opportunity: The option to participate in our internship program year-round, allowing you to continuously grow your practice.
• Advanced Certifications: Receive support for registrations and certifications such as the Series 6 & 63 or CFP® (eligibility required).
• Recognition & Leadership: Get inspired at local and national recognition events and earn access to prestigious leadership programs.
• Expert Collaboration: Collaborate with industry experts and leverage diverse resources across our culture to ensure personal and professional growth.
• Full-Time Potential: Eligible students have a direct opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

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Qualifications

Are you the right fit for this dynamic internship? We are looking for individuals who embody the following:

• Academic Standing: Full-time student; juniors and seniors preferred.
• Entrepreneurial Spirit: Entrepreneurial ambitions and a strong curiosity for sales.
• Campus Involvement: Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Organizational Skills: Excellent time-management skills.
• Financial Acumen: A keen interest in financial literacy and planning tools.
• Business Savvy: Business savvy and a desire to increase critical thinking abilities.

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Compensation & Benefits

This internship offers a compelling compensation and benefits package designed to reward your effort and support your development:

• Earnings Structure: Performance-based earnings and revenue directly tied to your success.
• Learning Incentives: Generous Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions).
• Performance Bonuses: Productivity Bonuses to reward high achievement.
• Licensing Support: Full support for insurance licensing (Life, Health, Disability Income, Long Term Care).
• Registration Support: Comprehensive support for SIE, Series 6, and Series 63 registrations (eligibility required).

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About Northwestern Mutual

For over 165 years, Northwestern Mutual has been dedicated to helping our clients spend their lives living through comprehensive and innovative financial planning. We combine the unparalleled expertise of our financial professionals with personalized digital experiences 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—all built to reinforce each other, ensuring our clients stay consistently on track to meet goal after goal. We lead with unmatched financial strength and provide 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 are considered independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes.

At Northwestern Mutual, we are committed to fostering an inclusive and belonging workplace where everyone’s unique viewpoints contribute to new successes. We strive to create teams that reflect our diverse customers and communities, cultivating an environment where all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual?

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

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Important Information

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.

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Salary Range

USD $500.00 – USD $1,000.00 /Yr.