College Financial Representative, Internship Program

Northwestern Mutual • Providence, RI

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 build a practice while engaging with local and nationwide experts, financial products, planning software, and the support of the company. The program is designed to help students develop confidence, build a professional network, and help people pursue financial goals.

The internship mimics the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. The program offers coaching, training, development meetings, and support for insurance licensing and eligible securities 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. The role’s compensation is production-based. An intern contract requires approval and 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, for example 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.
• Interest in pursuing a full-time Financial Representative or Advisor role after graduation.

Responsibilities

• Learn to prospect and network to build a business and client base.
• Develop and execute a business strategy.
• Contact potential clients and schedule meetings to understand their financial goals.
• Prepare financial plans and provide recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing: Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule designed to work around classes and other commitments.
• 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, including life, health, disability income, and long-term care.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to leadership programs, local and national recognition events, and professional development resources.
• Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, if eligible.

What This Job Offers

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