College Financial Representative, Internship Program

Northwestern Mutual•Baltimore, MD
•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 build their practice while engaging local and nationwide experts, accessing financial products, and receiving support from a Fortune 500 company. The program offers opportunities to develop confidence and a professional network while helping clients work toward financial freedom. The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around their classes. They may receive support for registrations and certifications such as Series 6, Series 63, or CFP®, subject to eligibility. The program also offers coaching, training, development, recognition events, leadership programs, and opportunities to collaborate with business experts. 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. Their income is based on production. If offered the opportunity to apply for approval of an intern contract, candidates must undergo a national criminal background check; approval to contract may be withdrawn based on the results.

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 a campus organization, or student government participant.
  • 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.
  • A national criminal background check is required if offered the opportunity to apply for approval of an intern contract.

Nice To Haves

  • Junior or senior standing is preferred.
  • Eligibility to receive support for SIE, Series 6, or Series 63 registrations.

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 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.
  • Build life skills that create future career opportunities.

Benefits

  • Flexible schedule to accommodate classes and personal 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, Series 6, and Series 63 registrations, subject to eligibility.
  • Coaching, training, and development meetings.
  • Access to local and national recognition events and leadership programs.
  • Opportunity for eligible students to interview for a full-time Financial Representative or Advisor role upon graduation.
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