College Financial Representative, Internship Program

Northwestern Mutual•Rogers, AR
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns build a practice while engaging with local and nationwide experts, financial products, planning resources, and the support of a Fortune 500 company. The program offers opportunities to develop confidence and a professional network while helping 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. The program provides coaching, training, development, recognition events, leadership programs, and support for licensing, registrations, and certifications. 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. Applying for approval of an intern contract requires a national criminal background check; contract approval may be withdrawn based on the results.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 through leadership, athletics, 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 and seniors are preferred.
  • Eligibility for support for SIE, Series 6, and Series 63 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.
  • Receive risk product state licensing in Life, Accident, and Health.
  • Build life skills that support future career opportunities.

Benefits

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