College Financial Representative, Internship Program

Northwestern Mutual•Akron, OH
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns learn to build a client base, develop business strategies, understand clients’ financial goals, and prepare plans and recommendations. They engage with local and nationwide experts, financial products, planning software, coaching, training, and development resources. The program offers a flexible schedule around classes and may be undertaken year-round. Eligible students may receive support for licensing, registrations, and certifications, and 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. 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 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

  • 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 recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Receive risk-product state licensing in Life, Accident, and Health.
  • Build life skills that create future career opportunities.

Benefits

  • Flexible schedule to work around classes and other commitments.
  • Performance-based earnings and revenue.
  • Learning and Development Incentives of up to $1,000 per month, not including 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 leadership programs and local and national recognition events.
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