College Financial Representative, Internship Program

Northwestern Mutual • Omaha, NE

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 begin building a practice while engaging with local and nationwide experts, financial products, and the support of a Fortune 500 company. The program offers opportunities to build confidence, develop a professional network, and help people pursue financial freedom.

The internship mirrors the full-time Financial Representative career. Interns may participate year-round and have a flexible schedule around classes. They receive coaching, training, and development, and can obtain support for registrations and certifications such as Series 6, Series 63, and CFP® credentials. Eligible students may 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. Compensation is performance-based and includes revenue, learning and development incentives, and productivity bonuses. The stated salary range is USD $500–$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 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

• Juniors and seniors are preferred.
• Support is available for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Support is available for insurance licensing in life, health, disability income, and long-term care.
• Eligible students may interview for a full-time Financial Representative or Advisor role upon graduation.

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 classes
• Coaching, training, and development
• Access to leadership programs and local and national recognition events

What This Job Offers

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