College Financial Representative, Internship Program

Northwestern Mutual•Stamford, CT
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building an integrated financial planning practice. Interns begin building a practice while engaging with local and nationwide experts, financial products, and the support of a Fortune 500 company. The program is designed to help students build confidence, develop a professional network, and help people work toward financial freedom. The internship mimics the full-time Financial Representative career. It offers a flexible schedule around classes and may be completed year-round. Interns can receive support for registrations and certifications, participate in coaching and development, attend recognition events, and access leadership programs and business experts. 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. Income is based on production. Contract approval requires a national criminal background check.

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 and seniors are preferred.
  • Eligible students may interview for a full-time Financial Representative or Advisor position upon graduation.

Responsibilities

  • Learn 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 financial planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Obtain Risk Product State Licensing in Life, Accident, and Health.
  • Develop life skills that create future career opportunities.

Benefits

  • Flexible schedule around classes and personal life.
  • 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.
  • Support for registrations and certifications such as Series 6, Series 63, or CFP®.
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