College Financial Representative – Internship Program

Job Description

Job Title: College Financial Representative – Internship Program

Location: 555 Long Wharf Dr

Company Overview:
For over 165 years, Northwestern Mutual has been a leading Fortune 500 company (2023) dedicated to helping clients achieve financial security and spend their lives living. We combine the expertise of our financial professionals with a personalized digital experience and industry-leading products. Our tailored approach encompasses a suite of financial strategies—including insurance, investments, and annuities—designed to be mutually reinforcing, keeping clients on track to meet their goals. We are recognized for our unmatched financial strength and commitment to an inclusive and belonging workplace, valuing diverse viewpoints to drive success.

Internship Overview:
The College Financial Representative internship program at Northwestern Mutual provides aspiring professionals with guidance, connection, and a structured framework to build an integrated financial planning practice from the ground up. Interns, regardless of academic background, gain invaluable experience by engaging with local and nationwide experts, accessing exclusive financial products, and leveraging the robust support of a Fortune 500 company. This program is designed to help you build confidence, develop a strong professional network, and empower individuals to achieve financial freedom. Our internship mimics the full-time Financial Representative career, offering a flexible schedule to accommodate your academic life and the option to participate year-round.

Key Responsibilities:
As a Northwestern Mutual College Financial Representative, you will:
• Learn how to prospect and network effectively to build your business and client base.
• Develop and execute a strategic business plan.
• Engage potential clients through calls and meetings to understand their financial goals.
• Prepare comprehensive financial plans and offer personalized recommendations.
• Gain hands-on exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive support for obtaining Risk Product State Licensing: Life, Accident, and Health.
• Develop essential life skills that will create future career opportunities.
• Have the option to pursue support for advanced registrations and certifications such as the Series 6 & 63 or CFP®.

Qualifications:
We are seeking highly motivated and driven students who possess:
• Full-time student status; juniors and seniors are preferred.
• Entrepreneurial ambitions and a genuine curiosity for sales.
• Significant involvement on campus (e.g., leadership roles, athletics, campus organizations, student government).
• Excellent time-management skills.
• A strong interest in financial literacy and planning tools.
• Business savvy and a desire to enhance critical thinking abilities.

Compensation & Benefits:
• Performance-based earnings and revenue potential.
• Learning and Development Incentives: Up to $1000/month (not inclusive of earned commissions).
• Productivity Bonuses.
• Comprehensive support for insurance licensing (life, health, disability income, long-term care).
• Support for SIE, Series 6, and Series 63 registrations (eligibility required).
• Flexible schedule to seamlessly integrate with your academic commitments.
• Opportunity to earn access to leadership programs and participate in local and national recognition events.
• Eligible students have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

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

Why Join Northwestern Mutual:
• Fortune 500 company (2023).
• Recognized as a Top 100 Internship Program by 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 unmatched financial strength among U.S. life insurers.
• Achieved Best Place to Work for LGBTQ+ Equality – Human Rights Campaign Corporate Equality Index (2015-2021).

Important Notes:
Northwestern Mutual College Financial Representatives operate as Independent Contractors for income tax purposes and as “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. Your income is primarily based on production. Approval for an intern contract is contingent upon a successful national criminal background check.