College Financial Representative, Internship Program

Northwestern Mutual • Rockwall, TX

1d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship program provides guidance, connections, and a framework for building an integrated financial planning practice. Interns begin developing a practice while engaging local and nationwide experts, using financial products and planning resources, and receiving support from the company. The program is designed to build confidence, professional networks, and the ability to help clients work toward financial goals.

The internship mirrors the full-time Financial Representative career. Interns may participate year-round and have a flexible schedule around classes. They receive coaching, training, and development, and may receive support for insurance licensing and eligible securities registrations or certifications. Eligible students 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. Compensation is performance-based and includes learning and development incentives, with the listed salary range of USD $500 to USD $1,000 per year.

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 increase critical-thinking abilities.

Nice To Haves

• Juniors or seniors are preferred.
• Eligibility for support with SIE, Series 6, and Series 63 registrations is required for those registrations.

Responsibilities

• Learn how 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 in Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• 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 (life, health, DI, LTC).
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule to work around classes and personal life.
• Access to coaching, training, development meetings, leadership programs, and local and national recognition events.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed