College Financial Representative Internship

February 5, 2026
$1000 / year
Internship
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Job Description

Job Title: College Financial Representative Internship

Company: Northwestern Mutual

Location: 4620 N Ballard Rd

Overview:

The College Financial Representative internship program at Northwestern Mutual offers a structured pathway for students to build an integrated financial planning practice from the ground up. Interns receive guidance, connection, and a robust framework, benefiting from local and nationwide experts, exclusive financial products, and the extensive support of a Fortune 500 company. This program is designed to help students, regardless of their academic background, build confidence, develop a professional network, and empower individuals to achieve financial freedom. Success in this role is directly tied to hard work and dedication.

Responsibilities (Mimics full-time Financial Representative career):

  • Learn effective prospecting and networking strategies to build a business and client base.
  • Develop and execute a comprehensive business strategy.
  • Initiate contact with potential clients and schedule meetings to understand their financial goals.
  • Prepare tailored financial plans and provide useful recommendations.
  • Gain hands-on experience with proprietary financial planning software platforms.
  • Actively participate in weekly coaching, training, and development meetings.
  • Obtain Risk Product State Licensing for Life, Accident, and Health.
  • Acquire valuable life skills that will open doors to future career opportunities.

Program Benefits & Career Growth:

  • Enjoy a flexible schedule designed to accommodate academic and personal life.
  • Opportunity to participate in the internship program year-round.
  • Receive support for crucial registrations and certifications, including the Series 6 & 63 or CFP®.
  • Gain inspiration and recognition at local and national events.
  • Access leadership development programs.
  • Collaborate with experts across the business.
  • Benefit from a culture rich in diverse resources, fostering both personal and professional growth.
  • Eligible students with interest will have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:

  • Currently enrolled as a full-time student; juniors and seniors are preferred.
  • Possess entrepreneurial ambitions and a genuine curiosity for sales.
  • Highly involved in campus activities (e.g., leader, athlete, campus organizations, student government).
  • Demonstrate excellent time-management skills.
  • Show a strong interest in financial literacy and planning tools.
  • Exhibit business savvy and a desire to enhance 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.
  • Support for obtaining insurance licensing (life, health, disability, long-term care).
  • Support for SIE, Series 6, and Series 63 registrations (eligibility required).

About Northwestern Mutual:

For over 165 years, Northwestern Mutual has empowered clients to live their lives fully through comprehensive and innovative financial planning. The company combines the expertise of its financial professionals with personalized digital experiences and industry-leading products. Their tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—to ensure clients consistently meet their financial goals. Northwestern Mutual leads with unmatched financial strength and provides access to premier products and services for its clients.

Financial Representatives and College Financial Representatives are 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. The company is committed to fostering an inclusive and belonging workplace, valuing diverse viewpoints and striving to create teams that reflect its customers and communities.

Why Join Northwestern Mutual:

  • Recognized as a Fortune 500 company (2023).
  • Ranked among the Top 100 Internship Programs by Yello x WayUp (2022).
  • Serves over 5.0 million clients and growing2.
  • Manages or holds $257 billion in retail investment client assets3.
  • Named one of Forbes’ Best Employers for Diversity (2018-2021).
  • Boasts unsurpassed financial strength4.
  • Achieved “Best Place to Work for LGBTQ+ Equality” by the Human Rights Campaign Corporate Equality Index (2015-2021).

Salary Range:

USD $500.00 – USD $1,000.00 /Yr.

Important Notes:

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)

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