College Financial Representative, Internship Program

Northwestern Mutual • Sioux Falls, SD

3d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns develop a practice while engaging with local and nationwide experts, financial products, and the support of a Fortune 500 company. 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 can participate year-round, with a flexible schedule designed to work around classes. The program offers coaching, training, development, exposure to planning software, and support for insurance licensing and eligible securities registrations and certifications. Students who are interested and eligible may have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

College Financial Representatives are considered independent contractors for income tax purposes and statutory employees for FICA tax purposes. Income is based on production. A national criminal background check is required when an intern is offered the opportunity to apply for an intern contract.

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 develop critical-thinking abilities.

Nice To Haves

• Juniors and seniors are preferred.
• Interest in pursuing registrations or certifications such as Series 6, Series 63, or CFP®; support is subject to eligibility.

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.
• Obtain Risk Product State Licensing for Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule designed to work around classes.
• 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 (life, health, disability income, and long-term care).
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to leadership programs and local and national recognition events.
• Coaching, training, and development support.

What This Job Offers

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