College Financial Representative, Internship Program

Northwestern Mutual • Skokie, IL

2d • Onsite

About The Position

The College Financial Representative internship program at Northwestern Mutual provides guidance, connections, and a framework for building an integrated financial planning practice. Interns build a financial planning 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 and a professional network while helping people work toward financial freedom.

The internship mimics the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule designed to work around classes. The program may provide support for registrations and certifications such as Series 6, Series 63, or CFP®. 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. Earnings are based on production. Approval to contract requires a national criminal background check.

Requirements

• Be a full-time student; juniors and seniors are preferred.
• Have entrepreneurial ambitions and curiosity for 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.

Responsibilities

• Learn how to prospect and network 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 plans and offer useful recommendations.
• Gain exposure to proprietary financial planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing: Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule to work around classes and personal life.
• 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.
• Access to leadership programs and local and national recognition events.
• Coaching, training, and development meetings.
• Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, for eligible students.

What This Job Offers

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