College Financial Representative, Internship Program

Northwestern Mutual • Washington, DC

1d • Onsite

About The Position

Northwestern Mutual’s College Financial Representative Internship Program provides guidance, professional connections, and a framework for building a financial planning practice. Interns learn to develop a practice with support from local and national experts, financial products, planning software, and the resources of a Fortune 500 company. The program is designed to build confidence, develop a professional network, and help clients pursue their financial goals.

The internship mirrors the full-time Financial Representative career. It offers a flexible schedule around students’ lives and classes and may be pursued year-round. Interns can receive support for registrations and certifications, participate in coaching and development, attend recognition events, and access leadership programs. 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 revenue, 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 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 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 useful recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Receive state licensing for risk products, including Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• Flexible schedule to work around classes and other 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, DI, and LTC.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Access to coaching, training, and development meetings.
• Access to leadership programs and local and national recognition events.
• Support for registrations and certifications, including Series 6, Series 63, and CFP.

What This Job Offers

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