College Financial Representative Internship

Job Description

Here is the detailed enriched job description:

College Financial Representative Internship

Location: 6011 University Blvd

Overview:
Northwestern Mutual offers a dynamic internship program designed for aspiring College Financial Representatives. This program provides comprehensive guidance, crucial connections, and a structured framework to help you build an integrated financial planning practice from the ground up. You will engage with local and nationwide experts, gain access to exclusive financial products, and benefit from the robust support of a Fortune 500 company. This is an unparalleled opportunity to develop confidence, expand your professional network, and empower individuals to achieve financial freedom, where hard work is truly rewarded.

Key Responsibilities:
Our internship closely mirrors the full-time Financial Representative career path, allowing you to:

• Learn and apply effective prospecting and networking strategies to build your business and client base.
• Develop and meticulously execute a personalized business strategy.
• Proactively engage potential clients, setting meetings to thoroughly understand their financial goals.
• Prepare comprehensive financial plans and deliver actionable recommendations.
• Gain hands-on exposure to proprietary financial planning software platforms.
• Actively participate in weekly coaching, training, and professional development meetings.
• Receive support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Acquire valuable life skills that will create future career opportunities.

Program Highlights & What You Can Expect:

• Flexible Schedule: Enjoy a schedule that accommodates your academic and personal life.
• Year-Round Participation: Option to participate in the internship program year-round, allowing for continuous growth.
• Advanced Certifications: Receive support for registrations and certifications such as the Series 6 & 63 or CFP®.
• Recognition & Leadership: Get inspired at local and national recognition events and gain access to leadership programs.
• Collaborative Environment: Collaborate with experts and leverage diverse resources across our culture to ensure personal and professional growth.
• Full-Time Opportunity: Eligible students have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:
Are you a fit for this internship? We are seeking individuals who possess:

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

Compensation & Benefits:

• Performance-Based Earnings: Income driven by your production and revenue.
• Learning & Development Incentives: Up to $1000/month (not inclusive of earned commissions).
• Productivity Bonuses: Additional bonuses based on your productivity.
• Licensing Support: Financial support for insurance licensing (life, health, DI, LTC).
• Registration Support: 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 their lives fully through comprehensive and innovative financial planning. We integrate the expertise of our financial professionals with personalized digital experiences and industry-leading products to empower clients in successfully navigating their financial journeys. Our tailored approach includes a suite of financial strategies—insurance, investments, and annuities—designed to reinforce each other and consistently keep clients on track to meet their goals. We are renowned for our unmatched financial strength and access to the best products and services for our clients.

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

As a company, we are committed to fostering an inclusive and belonging workplace where every unique viewpoint contributes to new successes. We strive to build teams that reflect our diverse customers and communities, ensuring an environment where all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual?

• Fortune 500 Company: Recognized as a Fortune 500 company in 2023.
• Top Internship Program: Named among the Top 100 Internship Programs by Yello x WayUp in 2022.
• Vast Client Base: Serving over 5.0 million clients and continuously growing.
• Significant Assets: Managing or holding $257 billion in retail investment client assets.
• Employer Accolades: Recognized by Forbes’ Best Employers for Diversity (2018-2021) and Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Corporate Equality Index (2015-2021).
• Unsurpassed Financial Strength: Consistently rated with unsurpassed financial strength among U.S. life insurers.

Important Notes:
Northwestern Mutual College Financial Representatives operate as Independent Contractors whose income is based on production. If approved for 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 that would prevent employment with Northwestern Mutual, approval to contract will be withdrawn.

Salary Range:
USD $500.00 – USD $1,000.00 /Yr.