College Financial Representative, Internship Program

Northwestern Mutual • Andover, MA

1d • Onsite

About The Position

The College Financial Representative internship at Northwestern Mutual provides guidance, connections, and a framework for building an integrated financial planning practice. Interns begin developing a practice while engaging with local and nationwide experts, financial products, and the resources of a Fortune 500 company. The program is designed to build confidence, develop a professional network, and help clients pursue financial freedom. It mirrors the full-time Financial Representative career and may be participated in year-round, with a flexible schedule around classes. Eligible students may have an opportunity to interview for a full-time Financial Representative or Advisor role after graduation.

Interns learn prospecting, networking, business strategy, client meetings, financial planning, and recommendations, and receive exposure to proprietary planning software. The program also includes weekly coaching, training, and development meetings; support for licensing, registrations, and certifications; and access to recognition events, leadership programs, and business experts. Northwestern Mutual College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. Income is based on production. An intern contract requires approval and a national criminal background check.

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.

Nice To Haves

• Junior or senior standing is preferred.
• Support is available for SIE, Series 6, and Series 63 registrations, subject to eligibility.
• Students may participate in the program year-round.

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.
• Receive Risk Product State Licensing: Life, Accident, and Health.
• Build life skills that support future career opportunities.

Benefits

• Flexible schedule around classes and personal commitments.
• Learning and Development Incentives of up to $1,000 per month, not including 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.
• Potential access to leadership programs and local and national recognition events.

What This Job Offers

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