College Financial Representative, Internship Program

Northwestern Mutual•Pittsburgh, PA
•Onsite

About The Position

The College Financial Representative internship program at Northwestern Mutual provides guidance, connections, and a framework for building a financial planning practice. Interns develop a practice while engaging local and national experts, using the company’s financial products and planning resources, and receiving support from a Fortune 500 company. The program is designed to build confidence, develop a professional network, and help clients pursue financial goals. The internship mirrors the full-time Financial Representative career. Interns may participate year-round and have a flexible schedule that works around classes. The role offers coaching, training, exposure to planning software, and support for insurance licensing and eligible securities registrations and certifications. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. Earnings are production-based, with performance-based earnings and revenue, incentives, and productivity bonuses. An offer to apply for approval of an intern contract requires a national criminal background check; approval to contract may be withdrawn based on its results.

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 through leadership, athletics, 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 increase critical-thinking abilities.

Nice To Haves

  • Junior or senior standing is preferred.

Responsibilities

  • Learn how to prospect and network to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential clients and set meetings to understand their financial goals.
  • Prepare plans and offer useful recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Obtain risk-product state licensing in life, accident, and health.
  • Build life skills that create future career opportunities.

Benefits

  • Flexible schedule that works around classes.
  • 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, disability income, and long-term care.
  • 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.
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