College Financial Representative, Internship Program

Northwestern Mutual • Fargo, ND

1d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building an integrated financial planning practice. Interns build a financial planning practice while working with local and nationwide experts, financial products, planning resources, and the support of the company. The program is designed to develop confidence, professional networks, and the ability to help clients pursue financial goals.

The internship mimics the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. They receive coaching, training, and development, and may receive support for registrations and certifications such as Series 6, Series 63, and CFP® credentials. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor position after graduation.

Financial Representatives and College Financial Representatives are described as independent contractors for income tax purposes and statutory employees for FICA tax purposes. The salary range listed is $500–$1,000 per year; compensation also includes performance-based earnings and revenue, incentives, and productivity bonuses.

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

• Support or eligibility for insurance licensing, including life, health, disability income, and long-term care.
• Eligibility for support with SIE, Series 6, or Series 63 registrations.
• Interest in pursuing a CFP® credential.

Responsibilities

• Learn 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.
• Receive risk product state licensing for Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule around 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.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to local and national recognition events.
• Access to leadership programs.
• Coaching, training, and development.

What This Job Offers

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