College Financial Representative, Internship Program

Northwestern Mutual•Manchester, IA
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns draw on local and nationwide expertise, financial products, planning resources, and the support of a Fortune 500 company while developing a professional network and helping clients work toward financial goals. The program mirrors the full-time Financial Representative career and offers the opportunity to participate year-round, with a flexible schedule designed to accommodate classes and other commitments. Interns receive coaching, training, and development; exposure to proprietary planning software; and support for licensing, registrations, and certifications, subject to eligibility. Participants may gain access to recognition events and leadership programs. 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. Compensation is production-based and may include learning and development incentives and productivity bonuses. Contract approval requires a national criminal background check.

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.
  • Demonstrate business savvy and a desire to develop 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 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.
  • Obtain Risk Product State Licensing for Life, Accident, and Health.
  • Build life skills that support future career opportunities.

Benefits

  • Flexible schedule to accommodate classes and other commitments.
  • 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 (DI), and long-term care (LTC).
  • 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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