College Financial Representative (Internship Program)

Job Description

Job Title: College Financial Representative (Internship Program)

Company: Northwestern Mutual

Location: 19 Campion Rd (Specific Office Location) – Internship also involves engaging local and nationwide experts.

Program Overview:
The Northwestern Mutual College Financial Representative internship program offers a unique opportunity for students to gain hands-on experience in building an integrated financial planning practice from the ground up. Interns are provided with guidance, connection, and a robust framework to develop their skills and confidence. This program is designed to help students, from varying academic backgrounds, build a financial planning practice by leveraging local and nationwide experts, exclusive financial products, and the comprehensive support of a Fortune 500 company. Participants will have the chance to develop a professional network, enhance their financial literacy, and empower individuals to achieve financial freedom. Hard work is directly rewarded in this program.

Responsibilities:
This internship program closely mirrors the full-time Financial Representative career, offering interns the opportunity to:

• Learn prospecting and networking techniques to build a business and client base.
• Develop and execute a strategic business plan.
• Engage potential clients through calls and meetings to understand their financial goals.
• Prepare tailored financial plans and offer useful recommendations.
• Gain exposure to proprietary financial planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive support for obtaining Risk Product State Licensing (Life, Accident, and Health).
• Build valuable life skills that open doors for future career opportunities.

Program Benefits & Growth Opportunities:

• Flexible schedule designed to accommodate academic and personal life.
• Option to participate in the internship program year-round.
• Continued support for obtaining further registrations and certifications, such as the Series 6 & 63 or CFP®.
• Access to local and national recognition events.
• Opportunities to earn access to leadership programs.
• Collaboration with experts across the business.
• Diverse resources fostering both personal and professional growth.
• Eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:
Northwestern Mutual is seeking candidates who demonstrate:

• Current enrollment as a full-time student; juniors and seniors preferred.
• Entrepreneurial ambitions and a genuine curiosity for sales.
• High level of involvement on campus (e.g., leader, athlete, campus organizations, student government).
• Excellent time-management skills.
• A strong interest in financial literacy and planning tools.
• Business savvy and a desire to increase critical thinking abilities.

Compensation & Benefits:

• Performance-based earnings and revenue (commissions).
• Learning and Development Incentives: Up to $1000/month (not inclusive of earned commissions).
• Productivity Bonuses.
• Support for insurance licensing (life, health, disability income, long-term care).
• 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 achieve financial security through comprehensive and innovative financial planning. The company combines the expertise of its financial professionals with a personalized digital experience and industry-leading products. Their tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and keep clients on track toward their goals. Northwestern Mutual prides itself on unmatched financial strength and access to the best products and services for its clients.

Independent Contractor Status:
Northwestern Mutual College Financial Representatives are considered independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. Their income is based on production.

Why Join Northwestern Mutual?

• A proud Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serves 5.0+ million clients and growing.
• Manages or holds $257 billion in retail investment client assets.
• Consistently recognized on Forbes’ Best Employers for Diversity (2018-2021).
• Boasts Unsurpassed financial strength among U.S. life insurers (as rated by Moody’s, A.M. Best, Fitch, and S&P Global Ratings).
• Recipient of Best Place to Work for LGBTQ+ Equality by Human Rights Campaign Corporate Equality Index (2015-2021).
• Committed to fostering an inclusive and belonging workplace where diverse viewpoints lead to success, reflecting their customers and communities.

Important Note:
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. Approval to contract will be withdrawn if background check results do not meet company standards.

Salary Range:
USD $500.00 – USD $1,000.00 /Yr. (Performance-based earnings + incentives)