College Financial Representative, Internship Program

Northwestern Mutual•Sarasota, FL
•Onsite

About The Position

The College Financial Representative internship at Northwestern Mutual provides guidance, connections, and a framework for building a 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 build confidence, develop a professional network, and help clients work toward financial freedom. The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. They may receive support for registrations and certifications such as Series 6, Series 63, and CFP® (eligibility may apply). Interns can also attend recognition events, access leadership programs, and collaborate with business experts. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor position upon graduation. Financial Representatives and College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. College Financial Representatives’ income is based on production. Approval to contract requires a national criminal background check; an offer to apply for approval may be withdrawn if the results would not allow the candidate to work for Northwestern Mutual.

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 increase critical-thinking abilities.

Nice To Haves

  • Juniors and seniors are preferred.
  • Eligible students may interview for a full-time Financial Representative or Advisor role upon graduation.

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 plans and offer useful 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 create 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 inclusive of earned commissions.
  • Productivity bonuses.
  • Support for insurance licensing (life, health, DI, LTC).
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Access to leadership programs, recognition events, coaching, training, and development.
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