College Financial Representative, Internship Program

Northwestern Mutual • Rapid City, SD

2d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns learn to establish a client base, develop a business strategy, understand clients’ financial goals, prepare plans, and make recommendations, while drawing on local and nationwide experts, financial products, and company resources. The program is modeled on the full-time Financial Representative career and includes coaching, training, development meetings, and exposure to proprietary planning software.

The internship offers a flexible schedule around classes and may be pursued year-round. Students can receive support for insurance licensing and, subject to eligibility, registrations and certifications such as the SIE, Series 6, Series 63, and CFP®. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role after graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes; income is 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 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 improve critical-thinking abilities.

Responsibilities

• Learn prospecting and networking methods 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.
• Obtain Risk Product State Licensing in Life, Accident, and Health.
• Develop life skills that create future career opportunities.

Benefits

• Flexible schedule 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 life, health, disability income, and long-term care insurance licensing.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to coaching, training, leadership programs, and local and national recognition events.

What This Job Offers

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