College Financial Representative, Internship Program

Northwestern Mutual•Phoenix, AZ
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns learn to build a practice while engaging with local and nationwide experts, financial products, and company resources. The program offers opportunities to develop confidence and a professional network while helping clients work toward financial goals. It follows the company’s full-time Financial Representative career model and may be available year-round, with a flexible schedule designed to accommodate classes. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role after graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for Federal Insurance Contributions Act (FICA) tax purposes. Contract approval requires a national criminal background check. Earnings are based on production. The listed salary range is USD $500 to USD $1,000 per year.

Requirements

  • Be a full-time student; juniors and seniors are preferred.
  • Have entrepreneurial ambitions and curiosity about sales.
  • Be highly involved on campus, such as as a leader, athlete, or participant in campus organizations or student government.
  • Have excellent time-management skills.
  • Have an interest in financial literacy and planning tools.
  • Have business savvy and a desire to strengthen critical-thinking abilities.

Nice To Haves

  • Support for SIE and Series 6 and Series 63 registrations, subject to eligibility.
  • Support for insurance licensing, including life, health, disability income (DI), and long-term care (LTC).
  • Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, for eligible students.

Responsibilities

  • Learn prospecting and networking methods to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential 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.
  • Receive risk-product state licensing for Life, Accident, and Health.
  • Build life skills that support future career opportunities.

Benefits

  • Flexible schedule to work around classes and personal life.
  • Learning and Development Incentives of up to $1,000 per month, not inclusive of earned commissions.
  • Productivity bonuses.
  • Support for insurance licensing.
  • Support for eligible SIE, Series 6, and Series 63 registrations.
  • Access to coaching, training, and development meetings.
  • Access to leadership programs and local and national recognition events.
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