College Financial Representative, Internship Program

Northwestern Mutual•Cedar Rapids, IA

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 learn to develop a business and client base while working with local and nationwide experts, financial products, and company resources. The program is designed to mirror the full-time Financial Representative career and offers opportunities to build confidence, develop a professional network, and help clients pursue financial goals. The internship can be pursued year-round and offers a flexible schedule around students’ lives and classes. Interns receive coaching, training, and development, and can obtain support for licensing, registrations, and certifications. Students who are eligible and interested may interview for a full-time Financial Representative or Advisor role upon graduation. College Financial Representatives are described as independent contractors for income tax purposes and statutory employees for FICA tax purposes. Compensation is production-based and may include commissions, incentives, and 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

Juniors and seniors are preferred.
Students interested in a full-time Financial Representative or Advisor role after graduation may have an opportunity to interview, subject to eligibility.

Responsibilities

Learn how to prospect and network to build a business and client base.
Develop and execute a business strategy.
Contact potential 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 Risk Product State Licensing in Life, Accident, and Health.
Build life skills that can create future career opportunities.

Benefits

Flexible schedule designed to work around life and classes.
Year-round participation option.
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 certifications such as CFP®.
Learning and Development Incentives of up to $1,000 per month, not inclusive of earned commissions.
Productivity bonuses.
Access to leadership programs.
Local and national recognition events.
Coaching, training, and development.