College Financial Representative, Internship Program

Northwestern Mutual • Chicago, IL

4d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns learn the company’s full-time Financial Representative career model while building a client base, developing a business strategy, and helping clients work toward their financial goals. The program offers access to local and nationwide experts, financial products, planning software, coaching, training, and development. The internship may be pursued year-round, with a flexible schedule intended to accommodate classes. Eligible students may receive an opportunity to interview for a full-time Financial Representative or Advisor role after graduation.

College Financial Representatives are considered independent contractors for income tax purposes and statutory employees for FICA tax purposes. Income is production-based. An offer to apply for an intern contract requires a national criminal background check; contract approval may be withdrawn depending on its results.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

• Eligible students may pursue support for Series 6 and Series 63 registrations or CFP® certification.
• Students may have an opportunity to 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 arrange 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.
• Build professional skills and a network, and help clients pursue financial goals.

Benefits

• 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.
• Flexible schedule to work around classes and other commitments.
• Access to coaching, training, development meetings, recognition events, leadership programs, and business experts.

What This Job Offers

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