College Financial Representative, Internship Program

Northwestern Mutual•Lombard, IL
•Onsite

About The Position

Northwestern Mutual’s College Financial Representatives internship program provides guidance, connections, and a framework for building an integrated financial planning practice. Interns build a practice while engaging with local and nationwide experts, financial products, and company support. The program offers opportunities to develop confidence and a professional network while helping people pursue financial freedom. The internship mirrors the full-time Financial Representative career. Participants can work on a flexible schedule around classes and may participate year-round. They receive coaching, training, and development, and may obtain support for licensing, registrations, and certifications. 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. Income is based on production. If offered an intern contract, applicants must complete a national criminal background check; approval to contract may be withdrawn based on the results.

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 strengthen 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 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.
  • Build life skills that support future career opportunities.

Benefits

  • Flexible schedule 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.
  • Coaching, training, and development.
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