College Financial Representative Internship Program

Job Description

College Financial Representative Internship Program

Company: Northwestern Mutual
Location: 5215 Old Orchard Rd

Overview:
Northwestern Mutual’s internship program provides College Financial Representatives with guidance, connection, and a structured framework to build an integrated financial planning practice from the ground up. Interns, regardless of academic background or experience, will gain practical experience in financial planning by leveraging local and nationwide experts, exclusive financial products, and the robust support of a Fortune 500 company. This program offers a unique opportunity to build confidence, develop a professional network, and empower individuals to achieve financial freedom. Hard work is directly rewarded in this role.

Responsibilities:
This internship program is designed to mirror the full-time Financial Representative career, allowing you to:
• Learn prospecting and networking strategies to build your business and client base.
• Develop and execute a comprehensive business strategy.
• Engage with potential clients to understand their financial goals and set meetings.
• Prepare financial plans and offer tailored recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing: Life, Accident, and Health.
• Develop essential life skills that create future career opportunities.
• Enjoy a flexible schedule that accommodates your academic life.
• Have the option to participate in the internship program year-round.
• Receive support for additional registrations and certifications such as the Series 6 & 63 or CFP®.
• Be inspired at local and national recognition events and earn access to leadership programs.
• Collaborate with experts and access diverse resources for personal and professional growth.
• Eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

Qualifications:
We are looking for individuals who are a strong fit for this internship program, possessing the following attributes:
• Full-time student status; juniors and seniors are preferred.
• Entrepreneurial ambitions and a natural curiosity for sales.
• Highly involved on campus (e.g., leader, athlete, campus organizations, student government).
• Excellent time-management skills.
• A genuine interest in financial literacy and planning tools.
• Strong business savvy and a desire to increase 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 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 to guide clients through their financial lives. Their tailored approach integrates multiple financial strategies—including insurance, investments, and annuities—designed to reinforce each other and consistently keep clients on track toward their goals. Northwestern Mutual is distinguished by its unmatched financial strength and access to top-tier products and services for its clients.

Financial Representatives and College Financial Representatives are valued partners and proud business owners, considered independent contractors for income tax purposes and “statutory employees” for Federal Insurance Contributions Act (FICA) tax purposes. The company values an inclusive workplace where diverse viewpoints contribute to success, striving to create teams that reflect its customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

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.
• Recognized by Forbes as one of the Best Employers for Diversity (2018-2021).
• Boasts unsurpassed financial strength.
• Named a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Corporate Equality Index (2015-2021).

Important Disclosures:
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 that would preclude an individual from working for Northwestern Mutual, approval to contract will be withdrawn.

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