College Financial Representative, Internship Program

Northwestern Mutual • Austin, TX

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 learn to develop a business and client base while working with local and nationwide experts, financial products, planning tools, and the support of a Fortune 500 company. The program is designed to resemble the full-time Financial Representative career and offers opportunities to build confidence, grow a professional network, and help clients work toward financial goals.

Interns can participate year-round and have a flexible schedule designed to accommodate classes. The program offers coaching, training, development meetings, and support for licensing, registrations, and certifications. Students who are eligible and interested 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. Their income is based on production. If offered an intern contract, approval requires a national criminal background check; contracting approval may be withdrawn based on its results.

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.
• Demonstrate 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 schedule 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.
• Obtain Risk Product State Licensing in Life, Accident, and Health.
• Build life skills that can create 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, DI, and LTC.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule designed to work around classes and personal commitments.
• 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 eligibility and interest.

What This Job Offers

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