College Financial Representative, Internship Program

Northwestern Mutual•Jersey City, NJ
•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, engage with local and nationwide experts, use exclusive financial products, and draw on the support and resources of a Fortune 500 company. The program is designed to help students build confidence, develop professional networks, and support clients in pursuing financial goals. The internship mirrors the full-time Financial Representative career and offers a flexible schedule that can accommodate classes. Students may participate year-round and receive support for licensing, registrations, and certifications, subject to eligibility. Interns can also access coaching, training, recognition events, leadership programs, and other development opportunities. Eligible students may have the opportunity to 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 offered an application for approval of an intern contract must undergo a national criminal background check; contract approval may be withdrawn based on the results.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.
  • Complete a national criminal background check if offered an application for approval of an intern contract.

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

  • Flexible schedule to work around classes and personal life.
  • 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, including life, health, DI, and LTC.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Coaching, training, and development meetings.
  • Access to local and national recognition events and leadership programs.
  • Opportunity to interview for a full-time Financial Representative or Advisor role upon graduation, for eligible students.
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