College Financial Representative, Internship Program

Northwestern Mutual•Saint Louis, MO
•Onsite

About The Position

College Financial Representatives in Northwestern Mutual’s internship program receive guidance, connections, and a framework for building an integrated financial planning practice. Students from varied academic backgrounds begin developing a practice while engaging with local and national experts, financial products, and support from a Fortune 500 company. The program offers opportunities to build confidence and a professional network while helping clients work toward financial goals. The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. The program includes coaching, training, development, recognition events, and access to leadership programs and business experts. Eligible students may have an opportunity to 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. Earnings are production-based. If offered the opportunity to apply for approval of an intern contract, candidates must complete 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 increase critical-thinking abilities.

Nice To Haves

  • Juniors and seniors are preferred.
  • Eligible students may pursue support for SIE, Series 6, and Series 63 registrations.
  • Students may pursue support for insurance licensing in life, health, disability income, and long-term care.

Responsibilities

  • Learn 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 provide 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 inclusive of earned commissions.
  • Productivity bonuses.
  • Support for insurance licensing in life, health, disability income, and long-term care.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Access to coaching, training, development meetings, recognition events, leadership programs, and business experts.
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