College Financial Representative, Internship Program

Northwestern Mutual • White Plains, NY

1d • Onsite

About The Position

The College Financial Representative internship at Northwestern Mutual provides students with guidance, connections, and a framework for building a financial planning practice. Interns learn to develop a business and client base, work with local and nationwide experts, use proprietary planning software, and help clients pursue financial goals. The internship mimics the full-time Financial Representative career and offers coaching, training, development, recognition events, and access to leadership programs. It can be undertaken year-round with a flexible schedule designed to accommodate classes. Eligible students may have the 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. Earnings are based on production. Contract approval requires a national criminal background check; approval may be withdrawn if the results would prevent the individual from working for Northwestern Mutual.

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.

Nice To Haves

• Juniors and seniors are preferred.
• Eligible students may pursue support for SIE, Series 6, and Series 63 registrations.
• Eligible students may pursue support for CFP® certification.

Responsibilities

• Learn how 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 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 life.
• 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, DI, and LTC.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Coaching, training, and development meetings.
• Access to local and national recognition events and leadership programs.
• Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, subject to eligibility.

What This Job Offers

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