College Financial Representative, Internship Program

Northwestern Mutual•Buffalo, NY
•$500 - $1,000•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, professional connections, and a framework for building a financial planning practice. Interns learn to develop a client base and business strategy, help people understand and work toward their financial goals, and gain exposure to financial planning resources and proprietary software. The program includes coaching, training, professional development, and access to local and nationwide experts. The internship can be pursued year-round, with a flexible schedule designed to accommodate classes. Interns may receive support for insurance licensing and, subject to eligibility, securities registrations and certifications. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role after graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes.

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.
  • Demonstrate business savvy and a desire to develop critical-thinking abilities.

Nice To Haves

  • Junior or senior standing is preferred.

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.
  • Receive risk-product state licensing in Life, Accident, and Health.
  • Build life skills that create future career opportunities.

Benefits

  • Flexible schedule to accommodate classes.
  • 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 and local and national recognition events.
  • Opportunity for eligible students to interview for a full-time Financial Representative or Advisor role upon graduation.
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