College Financial Representative, Internship Program

Northwestern Mutual • Washington, DC

3d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns work with local and nationwide experts, financial products, planning resources, and the support of a Fortune 500 company while developing professional networks and helping clients pursue their financial goals. The internship is designed to resemble the full-time Financial Representative career and may be undertaken year-round, with a flexible schedule that can accommodate classes. Eligible students with interest may have the opportunity to interview for a full-time Financial Representative or Advisor position upon graduation.

College Financial Representatives are considered independent contractors for income tax purposes and statutory employees for FICA tax purposes. Contract approval requires a national criminal background check; approval may be withdrawn if the results prevent the candidate from working for Northwestern Mutual.

Requirements

• Be a full-time student; juniors and seniors are preferred.
• Have entrepreneurial ambitions and curiosity about sales.
• Be highly involved on campus, for example as a leader, athlete, or member of campus organizations or student government.
• Have excellent time-management skills.
• Have an interest in financial literacy and planning tools.
• Demonstrate business savvy and a desire to increase critical-thinking abilities.
• Complete a national criminal background check if offered an intern contract; contract approval may be withdrawn based on the results.

Nice To Haves

• Junior or senior standing is preferred.
• Interest in pursuing Series 6 and Series 63 registrations or CFP® certification, where eligible.

Responsibilities

• Learn to prospect and network to build a business and client base.
• Develop and execute a business strategy.
• Contact prospective clients and schedule meetings to understand their financial goals.
• Prepare financial plans and offer recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Pursue risk-product state licensing in Life, Accident, and Health.
• Build life skills that support future career opportunities.
• Continue developing a financial planning practice with support for registrations and certifications, as eligible.

Benefits

• Flexible schedule to work around classes and personal commitments.
• Performance-based earnings and revenue.
• Learning and Development Incentives of up to $1,000 per month, not including earned commissions.
• Productivity bonuses.
• Support for insurance licensing, including life, health, DI, and LTC.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to leadership programs and local and national recognition events.
• Coaching, training, and development meetings.
• Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, if eligible and interested.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed