College Financial Representative, Internship Program

Northwestern Mutual•Hartford, CT
•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 local and nationwide experts, using financial products and planning resources, and receiving support from a Fortune 500 company. The program is designed to build confidence, professional connections, and the ability to help clients pursue their financial goals. The internship mirrors the full-time Financial Representative career. Interns may participate year-round and receive a flexible schedule intended to work around classes and other commitments. They can receive support for insurance licensing and eligible securities registrations or certifications. Eligible students may have the 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. Earnings are production-based. 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 about sales.
  • Be highly involved on campus, for example as a leader, athlete, member of a campus organization, or student government participant.
  • 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

  • Junior or senior standing is preferred.
  • Campus leadership, athletics, campus organization involvement, or student government experience is valued.

Responsibilities

  • Learn to prospect and network to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential clients and schedule meetings to understand their financial goals.
  • Prepare financial plans and provide useful 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 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 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.
  • Access to leadership programs and local and national recognition events.
  • Coaching, training, and development meetings.
  • Opportunity for eligible students to interview for a full-time role upon graduation.
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