College Financial Representative, Internship Program

Northwestern Mutual • Ellicott City, MD

1d • Onsite

About The Position

College Financial Representatives in Northwestern Mutual’s internship program receive guidance, connections, and a framework for building an integrated financial planning practice. Interns begin developing a practice while engaging with local and nationwide experts, financial products, and the support of a Fortune 500 company. The program offers opportunities to develop confidence and a professional network while helping clients work toward financial goals.

The internship mimics the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. They receive coaching, training, and development, as well as support for insurance licensing and eligible securities registrations and certifications. 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. A national criminal background check is required if an intern is offered the opportunity to apply for approval of an intern contract.

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 develop critical-thinking abilities.

Nice To Haves

• Juniors and seniors are preferred.

Responsibilities

• Learn prospecting and networking 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 financial planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing for Life, Accident, and Health.
• Build life skills that support 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, including life, health, disability income, and long-term care.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule around classes.
• Access to coaching, training, and development meetings.
• Access to leadership programs and local and national recognition events.

What This Job Offers

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