College Financial Representative (Internship Program)

Job Description

Job Title: College Financial Representative (Internship Program)

Company: Northwestern Mutual

Location: 400 Broadhollow Rd (Specific office location not explicitly stated, but the address is provided.)

Overview:

Northwestern Mutual offers an internship program for College Financial Representatives, providing guidance, connection, and a structured framework to build an integrated financial planning practice from the ground up. This program is designed for students from diverse academic backgrounds and experiences who are ready to build a financial planning practice. Interns 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 opportunity to build confidence, develop a professional network, and empower individuals to achieve financial freedom, where hard work is recognized and rewarded.

Responsibilities:

The internship program is designed to mirror a full-time Financial Representative career, offering comprehensive learning and practical experience. Key responsibilities and learning opportunities include:

• Learning how to prospect and network effectively to build a business and client base.
• Developing and executing a personal business strategy.
• Calling on potential clients and setting meetings to understand their unique financial goals.
• Preparing tailored financial plans and offering useful recommendations.
• Gaining exposure to proprietary planning software platforms.
• Engaging in weekly coaching, training, and development meetings.
• Receiving support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Building essential life skills that create future career opportunities.

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to accommodate your academic life. The internship can be year-round, allowing for continuous growth and support for registrations and certifications such as the Series 6 & 63 or CFP®. Interns can also participate in local and national recognition events, gain access to leadership programs, and collaborate with industry experts. Eligible students may also have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:

Northwestern Mutual is looking for students who are a strong fit for this entrepreneurial internship experience:

• Currently enrolled as a full-time student, with juniors and seniors preferred.
• Possessing entrepreneurial ambitions and a genuine curiosity for sales.
• Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Demonstrating excellent time-management skills.
• An interest in financial literacy and planning tools.
• Business savvy and a desire to increase critical thinking abilities.

Compensation & Benefits:

The program offers a rewarding compensation structure and valuable benefits:

• Performance-based earnings and revenue.
• Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions).
• Productivity Bonuses.
• Comprehensive support for insurance licensing (life, health, DI, LTC).
• 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 includes multiple financial strategies—insurance, investments, and annuities—designed to reinforce each other and keep clients on track toward their goals. Northwestern Mutual leads with unmatched financial strength and access to top-tier products and services. Financial Representatives and College Financial Representatives are valued partners and proud business owners, considered independent contractors for income tax purposes and “statutory employees” for FICA tax purposes. The company is committed to fostering an inclusive and belonging workplace where diverse viewpoints contribute to success, creating teams that reflect its customers and communities.

Why Join Northwestern Mutual:

• A proud Fortune 500 company (2023).
• Recognized among the Top 100 Internship Programs by Yello x WayUp (2022).
• Serving over 5.0+ million clients and growing.
• Managing $257 billion in retail investment client assets.
• Named one of 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 by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Notes:

Northwestern Mutual College Financial Representatives operate as Independent Contractors whose income is directly based on production. Should an intern apply for approval to become a College Financial Representative, a national criminal background check is required. Approval to contract will be withdrawn if background check results do not align with company requirements.

Salary Range:

USD $500.00 – USD $1,000.00 /Yr.