College Financial Representative, Internship Program

Northwestern Mutual•Memphis, TN
•Onsite

About The Position

The College Financial Representative internship program at Northwestern Mutual provides guidance, connections, and a framework for building a financial planning practice. Interns engage with local and nationwide experts, financial products, and company resources while developing professional networks and helping clients work toward financial goals. The internship mirrors the full-time Financial Representative career and may be undertaken year-round, with a flexible schedule designed to fit around classes. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role upon graduation. College Financial Representatives are treated as independent contractors for income tax purposes and statutory employees for FICA tax purposes. Income is based on production. If offered an intern contract, candidates must pass a national criminal background check for contract approval.

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 how to prospect and network to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential clients and schedule 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 state licensing for risk products, including Life, Accident, and Health.
  • Develop 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, including life, health, disability income, and long-term care.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Flexible schedule to work around classes and other commitments.
  • Access to leadership programs, recognition events, coaching, training, and development.
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