College Financial Representative, Internship Program

Northwestern Mutual • Toledo, OH

1d • Onsite

About The Position

Northwestern Mutual’s College Financial Representatives internship program provides guidance, connections, and a framework for building a financial planning practice. Interns learn to build a business and client base while drawing on local and nationwide experts, financial products, planning resources, and company support. The program is designed to develop confidence, professional networks, and the ability to help clients work toward their financial goals.

The internship mirrors the full-time Financial Representative career. Participants can arrange a flexible schedule around classes and may participate year-round. The program offers weekly coaching, training, and development, exposure to planning software, and support for insurance licensing and eligible securities registrations or certifications. Eligible students may have the opportunity to interview for a full-time Financial Representative or Advisor role after graduation.

College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. Compensation is performance-based and includes learning and development incentives and productivity bonuses. An intern contract requires approval and a national criminal background check.

Requirements

• Be a full-time student.
• Entrepreneurial ambitions and curiosity for sales.
• Strong involvement on campus, such as leadership, athletics, campus organizations, or student government.
• Excellent time-management skills.
• Interest in financial literacy and planning tools.
• Business savvy and a desire to increase critical-thinking abilities.

Nice To Haves

• Juniors and seniors are preferred.

Responsibilities

• Learn 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 financial plans and offer recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule to work around classes and personal life.
• 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.
• Access to leadership programs and local and national recognition events.

What This Job Offers

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