College Financial Representative, Internship Program

Northwestern Mutual • Hingham, MA

1d • 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 begin developing a practice while working with local and nationwide experts, using financial products and planning resources, and receiving support from a Fortune 500 company. The program offers opportunities to build confidence, develop a professional network, and help clients pursue financial goals.

The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. The program provides coaching, training, development, and support for licensing, registrations, and certifications. Eligible students may 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 production-based. An intern contract requires approval and a national criminal background check; approval may be withdrawn based on the results.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, 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 financial plans and offer recommendations.
• Gain exposure to proprietary planning software platforms.
• Participate in weekly coaching, training, and development meetings.
• Obtain Risk Product State Licensing in Life, Accident, and Health.
• Build life skills that create future career opportunities.

Benefits

• 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 in life, health, disability income, and long-term care.
• Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Flexible schedule around classes.
• Coaching, training, and development.
• Access to leadership programs and local and national recognition events.
• Support for registrations and certifications such as Series 6, Series 63, or CFP®.

What This Job Offers

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