College Financial Representative, Internship Program

Northwestern Mutual•Coral Gables, FL
•Onsite

About The Position

Northwestern Mutual’s College Financial Representatives internship provides guidance, connections, and a framework for building an integrated financial planning practice. Interns learn to build a practice while engaging local and nationwide experts, using financial products and planning resources, and receiving support from the company. The program offers opportunities to develop confidence and a professional network while helping clients work toward financial freedom. It mirrors the full-time Financial Representative career and may be participated in year-round, with a flexible schedule designed to accommodate classes. 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. If offered the opportunity to apply for approval of an intern contract, a national criminal background check is required; approval to contract may be withdrawn based on its results.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 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.
  • Eligible students may pursue support for SIE, Series 6, and Series 63 registrations.
  • Students may pursue insurance licensing in life, health, disability income, and long-term care.

Responsibilities

  • Learn how to prospect and network to build a business and client base.
  • Develop and execute a business strategy.
  • Contact prospective clients and arrange 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 for Life, Accident, and Health.
  • Develop life skills that create future career opportunities.
  • Participate in local and national recognition events and collaborate with business experts.

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.
  • 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.
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