College Financial Representative, Internship Program

Northwestern Mutual•Cary, NC
•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 develop a practice while engaging with local and nationwide experts, financial products, and company resources. The program offers opportunities to build confidence, develop a professional network, and help clients work toward financial freedom. The internship mirrors the full-time Financial Representative career. Participants can work a flexible schedule around classes and may participate year-round. The program includes coaching, training, development meetings, recognition events, and access to leadership programs and business experts. Eligible students may interview for a full-time Financial Representative or Advisor position upon graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. An offer to apply for approval of an intern contract is subject to a national criminal background check. Compensation is production-based and includes the stated learning and development incentives and productivity bonuses.

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, or member of 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.

Responsibilities

  • Learn to prospect and network 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 financial 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 to work around classes and personal commitments.
  • 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.
  • Access to coaching, training, development meetings, recognition events, and leadership programs.
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