College Financial Representative, Internship Program

Northwestern Mutual • Philadelphia, PA

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 building a financial planning practice while engaging with local and nationwide experts, financial products, and the support of a Fortune 500 company. The program offers opportunities to build confidence, develop a professional network, and help people pursue financial freedom.

The internship mimics the full-time Financial Representative career. Interns can participate year-round and work a flexible schedule around classes. The program offers support for insurance licensing, registrations, and certifications such as Series 6 and 63 or CFP®, subject to eligibility. Interns may also attend recognition events, access leadership programs, and collaborate with business experts. 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. Income is based on production. An intern contract requires approval and a national criminal background check. The stated salary range is USD $500–$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 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.

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 in life, health, disability income (DI), and long-term care (LTC).
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule to work around classes and personal commitments.
• Access to leadership programs and local and national recognition events.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed