College Financial Representative (Internship Program)

Job Description

Job Title: College Financial Representative (Internship Program)

Location: 90 S Cascade Ave

Overview of the Internship Program

As a College Financial Representative in Northwestern Mutual’s internship program, you will receive comprehensive guidance, connection, and a robust framework to build an integrated financial planning practice from the ground up. This program welcomes students from diverse academic backgrounds and experiences, providing them with the opportunity to establish a financial planning practice while engaging with local and nationwide experts, accessing exclusive financial products, and leveraging the full support of a Fortune 500 company. The internship is designed to help you build confidence, develop a professional network, and empower individuals to achieve financial freedom. Here, hard work is directly rewarded.

Key Responsibilities

This internship program mirrors the responsibilities of a full-time Financial Representative, offering a practical, hands-on experience:

• Learn how to prospect and network effectively to build your business and client base.
• Develop and execute a comprehensive business strategy.
• Proactively call on potential clients and set meetings to understand their financial goals.
• Prepare tailored financial plans and offer useful recommendations.
• Gain exposure to proprietary planning software platforms.
• Engage in weekly coaching, training, and development meetings.
• Receive support to obtain Risk Product State Licensing: Life, Accident, and Health.
• Build essential life skills that create future career opportunities.

Program Structure & Growth Opportunities

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule designed to accommodate your academic life and classes. The internship program offers a year-round participation option, allowing you to continuously grow your practice. You will receive support for additional registrations and certifications such as the Series 6 & 63 or CFP®. The program includes opportunities to gain inspiration at local and national recognition events, earn access to leadership programs, and collaborate with industry experts. Northwestern Mutual’s culture fosters diverse resources to ensure both personal and professional growth. Eligible students will also have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications

Are you a fit for this dynamic internship? We are looking for candidates who demonstrate:

• Enrollment as a full-time student; juniors and seniors are preferred.
• Entrepreneurial ambitions and a genuine curiosity for sales.
• High 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

This program offers a robust compensation and benefits package designed to reward performance and support your professional growth:

• Performance-based earnings and revenue.
• Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions).
• Productivity Bonuses.
• 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 live fully through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experiences and industry-leading products to empower clients in navigating their financial lives successfully. Our tailored approach incorporates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and keep clients consistently on track towards their goals. We are recognized for our unmatched financial strength and access to the best products and services for our clients. Our Financial Representatives and College Financial Representatives are valued partners and proud business owners, considered independent contractors¹ for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we are committed to an inclusive and belonging workplace where diverse viewpoints foster new successes. We strive to create teams that reflect our customers and communities, promoting an environment where all employees are welcomed, valued, and heard.

Why Join Northwestern Mutual? (Company Highlights)

• A proud Fortune 500 company (2023).
• Recognized as a Top 100 Internship Program by Yello x WayUp (2022).
• Serves 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.
• Awarded “Best Place to Work for LGBTQ+ Equality” by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Disclosures/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)

Salary Range

USD $500.00 – USD $1,000.00 /Yr.