College Financial Representative, Internship Program

Northwestern Mutual•Clayton, MO
•Onsite

About The Position

The College Financial Representative internship program at Northwestern Mutual provides guidance, connections, and a framework for building an integrated financial planning practice. Interns build a financial planning practice while engaging with local and nationwide experts, financial products, and company resources. The program is designed to build confidence, develop a professional network, and help clients work toward financial freedom. It mirrors the full-time Financial Representative career and offers a flexible schedule around students’ lives and classes. Participation is available year-round, with support for registrations and certifications such as Series 6, Series 63, and CFP®. Interns may attend recognition events, access leadership programs, and collaborate with business experts. Eligible students may have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation. Financial Representatives and College Financial Representatives are described as valued partners and business owners. They are independent contractors for income tax purposes and statutory employees for FICA tax purposes. The internship’s compensation is performance-based and includes revenue, learning and development incentives, and productivity bonuses. The posted 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 member of 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 develop critical-thinking abilities.

Nice To Haves

  • Junior or senior standing is preferred.
  • Support is available for Series 6 and Series 63 registrations, subject to eligibility.
  • Support is available for insurance licensing in life, health, disability income, and long-term care.

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 financial plans and offer recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Obtain state licensing in life, accident, and health insurance.
  • Build life skills that create future career opportunities.

Benefits

  • Performance-based earnings and revenue.
  • Learning and Development Incentives of up to $1,000 per month, not inclusive of earned commissions.
  • Productivity bonuses.
  • Support for insurance licensing.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Flexible schedule around life and classes.
  • Opportunity to participate year-round.
  • Access to leadership programs and recognition events.
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