College Financial Representative, Internship Program

Northwestern Mutual • Cedar Rapids, IA

1d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns develop a practice while engaging local and nationwide experts, accessing financial products and planning resources, and receiving support from a Fortune 500 company. The program offers opportunities to build confidence and a professional network while helping people work toward financial goals.

The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule designed to accommodate classes. The program includes coaching, training, professional development, and opportunities to pursue insurance licenses and securities registrations or certifications, subject to eligibility. 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. Income is based on production. Approval to become a representative 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 improve critical-thinking abilities.

Nice To Haves

• Juniors and seniors are preferred.
• Eligible students may pursue support for SIE, Series 6, and Series 63 registrations.
• Interest in pursuing insurance licensing, including life, health, disability income, and long-term care.

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 in Life, Accident, and Health.
• Build life skills that support future career opportunities.

Benefits

• Flexible schedule to work around classes and other commitments.
• Performance-based earnings and revenue.
• Learning and Development Incentives of up to $1,000 per month, not including earned commissions.
• Productivity bonuses.
• Support for insurance licensing.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Weekly coaching, training, and development.
• Access to local and national recognition events and leadership programs.
• Resources and collaboration with business experts to support personal and professional growth.

What This Job Offers

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