College Financial Representative, Internship Program

Northwestern Mutual • El Paso, TX

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 begin developing a practice while engaging with local and nationwide experts, financial products, and company resources. The program is designed to build confidence and professional networks while helping clients work toward financial goals.

The internship mirrors the full-time Financial Representative career. Interns learn to build a client base, develop and execute a business strategy, meet with potential clients, prepare financial plans, and make recommendations. They also receive coaching and training, gain exposure to planning software, and pursue relevant licensing and registration support. The program offers a flexible schedule around classes and may be available year-round. Eligible students may have an 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. Compensation is performance-based and includes revenue, incentives, and bonuses. 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 for 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.

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 financial plans and offer useful recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive state licensing for Risk Products: Life, Accident, and Health.
• Build 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.
• Access to coaching, training, development meetings, recognition events, and leadership programs.

What This Job Offers

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