College Financial Representative, Internship Program

Northwestern Mutual•Indianapolis, IN
•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 to develop a business and client base, work with local and nationwide experts, and use the company’s financial products and planning resources while helping clients pursue their financial goals. The internship is designed to mirror the full-time Financial Representative career and offers opportunities to build confidence, develop a professional network, and grow personally and professionally. The program offers a flexible schedule that can accommodate classes and may be participated in year-round. Interns receive weekly coaching, training, and development, and may receive support for insurance licensing and eligible registrations and certifications. Students who are interested and eligible may interview for a full-time Financial Representative or Advisor role upon graduation. College Financial Representatives are described as independent contractors for income tax purposes and statutory employees for FICA tax purposes. Income is based on production. Approval to contract 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, member of campus organizations, or student government participant.
  • 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.
  • Pursue Risk Product State Licensing in Life, Accident, and Health.
  • Build life skills that may create future career opportunities.

Benefits

  • Flexible schedule to work around classes and other commitments.
  • 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 and local and national recognition events.
  • Weekly coaching, training, and development meetings.
  • Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, subject to interest and eligibility.
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