College Financial Representative, Internship Program

Northwestern Mutual • Durham, NC

1d • 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 come from varied academic backgrounds and begin developing a practice with support from local and nationwide experts, financial products, and the company. The program offers opportunities to build confidence and a professional network while helping clients work toward financial goals.

The internship mirrors the full-time Financial Representative career. Interns can work a flexible schedule around classes and may participate year-round. They receive coaching, training, and development, and can get support for insurance licensing and eligible registrations or certifications, including Series 6, Series 63, and CFP®. Students may also access recognition events, leadership programs, and business experts. 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. Income is based on production. Contract approval requires 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.

Responsibilities

• Learn 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.
• Obtain state licensing in life, accident, and health insurance.
• Build life skills that can support future career opportunities.

Benefits

• Performance-based earnings and revenue.
• 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.
• Flexible scheduling around classes.
• Access to recognition events and leadership programs.
• 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