College Financial Representative, Internship Program

Northwestern Mutual • Lombard, IL

3d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns engage with local and nationwide experts, financial products, planning resources, and the support of a Fortune 500 company while developing professional networks and helping clients pursue their financial goals. The program is designed to mirror the full-time Financial Representative career and may be participated in year-round, with a flexible schedule to accommodate classes and other commitments. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role after graduation.

College Financial Representatives are considered independent contractors for income tax purposes and statutory employees for FICA tax purposes. Earnings are production-based. An intern offered the opportunity to apply for approval of an intern contract must undergo a national criminal background check; contract approval may be withdrawn based on the results.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.
• Have business savvy and a desire to develop critical-thinking abilities.

Responsibilities

• Learn to prospect and network to build a business and client base.
• Develop and execute a business strategy.
• Contact prospective 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.
• Pursue state licensing for life, accident, and health products.
• Build professional and personal skills for future career opportunities.
• Participate in recognition events and collaborate with business experts.

Benefits

• Flexible schedule to accommodate 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, including life, health, disability income, and long-term care.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Support for registrations and certifications such as Series 6, Series 63, or CFP®, as applicable.
• Access to leadership programs and local and national recognition events.
• Resources for personal and professional growth.

What This Job Offers

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