College Financial Representative, Internship Program

Northwestern Mutual•Rockland, MA
•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 with local and national experts, financial products, planning resources, and support from the company. The program offers opportunities to build confidence, develop a professional network, and help clients pursue financial goals. It mimics the full-time Financial Representative career and can be undertaken year-round with a flexible schedule designed to work around classes. Eligible students may 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. Income is based on production. An intern contract requires approval, including a national criminal background check. The listed salary range is $500–$1,000 per year; the posting also describes performance-based earnings, commissions, incentives, and bonuses.

Requirements

  • Must be a full-time student; juniors and seniors are preferred.
  • Entrepreneurial ambitions and curiosity about sales.
  • High involvement on campus, such as leadership, athletics, campus organizations, or student government.
  • Excellent time-management skills.
  • Interest in financial literacy and planning tools.
  • Business savvy and a desire to increase critical-thinking abilities.

Nice To Haves

  • Eligible students may interview for a full-time Financial Representative or Advisor role upon graduation.

Responsibilities

  • Learn how 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 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 can support future career opportunities.

Benefits

  • Flexible schedule designed to work around classes and personal 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.
  • Weekly coaching, training, and development meetings.
  • Access to leadership programs and local and national recognition events.
  • Support for registrations and certifications such as Series 6, Series 63, or CFP, subject to eligibility.
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