College Financial Representative, Internship Program

Northwestern Mutual • Tacoma, WA

3d • 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 develop a business and client base while engaging with local and nationwide experts, financial products, planning tools, and the support of a Fortune 500 company. The program aims to help students build confidence, develop professional networks, and help clients work toward financial freedom.

The internship mirrors the full-time Financial Representative career. It offers a flexible schedule around students’ lives and classes and may be undertaken year-round. Interns receive weekly coaching, training, and development, and support for insurance licensing and eligible registrations or certifications. Students who are eligible and interested may have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

College Financial Representatives are considered independent contractors for income tax purposes and statutory employees for FICA tax purposes. Compensation is based on production. A national criminal background check is required if an intern is offered the opportunity to apply for approval of an intern contract.

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, 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

• Juniors and seniors are preferred.
• Eligible students may pursue support for SIE, Series 6, and Series 63 registrations.
• Interested and eligible students may interview for a full-time Financial Representative or Advisor role upon graduation.

Responsibilities

• Learn to prospect and network to build a business and client base.
• Develop and execute a business strategy.
• Contact potential clients and arrange 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 create future career opportunities.

Benefits

• Flexible schedule to work around life and classes.
• 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, including life, health, DI, and LTC.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Weekly coaching, training, and development meetings.
• Access to leadership programs and local and national recognition events.
• Support for registrations and certifications such as Series 6, Series 63, or CFP®, subject to eligibility.

What This Job Offers

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