College Financial Representative, Internship Program

Northwestern Mutual • Wellesley, MA

2d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship program provides guidance, connections, and a framework for building a financial planning practice. Interns build a practice while engaging with local and nationwide experts, financial products, and company resources. The role offers opportunities to develop confidence and a professional network while helping clients work toward financial goals.

The program follows the company’s full-time Financial Representative career model. Interns may participate year-round and have a flexible schedule around classes. They can receive support for insurance licensing and eligible securities registrations and certifications. 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. Contract approval is subject to a national criminal background check. Compensation is production-based and includes performance-based earnings, learning and development incentives, and productivity bonuses.

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 through leadership, athletics, 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

• Eligibility for support with SIE, Series 6, or Series 63 registrations.
• Interest in participating in the program year-round.

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 financial plans and provide recommendations.
• Gain exposure to proprietary financial planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing for Life, Accident, and Health.
• Build life skills that can support future career opportunities.

Benefits

• Flexible schedule to work around classes and personal commitments.
• 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 eligible SIE, Series 6, and Series 63 registrations.
• Coaching, training, development meetings, and access to leadership programs.
• Access to local and national recognition events and business experts.
• Potential opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

What This Job Offers

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