College Financial Representative, Internship Program

Northwestern Mutual•Mandeville, LA
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative Internship Program 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, planning resources, and the support of a Fortune 500 company. The role offers opportunities to build confidence, develop a professional network, and help clients work toward financial goals. The program is designed to resemble the full-time Financial Representative career. Interns may participate year-round and can work a flexible schedule around classes. The company provides support for registrations and certifications, including insurance licensing and, subject to eligibility, SIE and Series 6 and 63 registrations. Eligible students may have an 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 based on production. An intern contract requires approval and a national criminal background check.

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 increase critical-thinking abilities.

Responsibilities

  • Learn how to prospect and network 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 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.
  • Develop life skills that create future career opportunities.

Benefits

  • Flexible schedule to work around classes and other 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, disability income, and long-term care.
  • Support for SIE and Series 6 and 63 registrations, subject to eligibility.
  • Access to leadership programs and local and national recognition events.
  • Coaching, training, and development support.
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