College Financial Representative, Internship Program

Northwestern Mutual • Coralville, IA

2d • 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 with local and nationwide experts, financial products, and company resources. The program aims to help students build confidence, develop a professional network, and help clients work toward financial freedom.

The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. They receive support for licensing, registrations, and certifications, and may participate in coaching, training, development, leadership programs, and recognition events. 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. Their income is based on production. Approval to contract requires a national criminal background check; an unsuitable result may result in the contract approval being withdrawn.

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.
• A national criminal background check is required for approval to contract as an intern.

Responsibilities

• Learn 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 for 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, disability income, and long-term care).
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule around classes.
• Opportunity to participate in the internship program year-round.
• Access to coaching, training, development, leadership programs, and recognition events.
• Support for registrations and certifications such as Series 6, Series 63, or CFP, subject to eligibility.

What This Job Offers

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