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College Financial Representative, Internship Program

Northwestern Mutual•Florham Park, NJ
•Onsite

About The Position

College Financial Representatives in Northwestern Mutual’s internship program receive guidance, professional connections, and a framework for building a financial planning practice. Interns develop a business and client base while working with local and nationwide experts, financial products, planning software, and the support of a Fortune 500 company. The program mirrors 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, with a flexible schedule intended to work around students’ lives and classes. Interns may receive support for registrations and certifications, access to coaching and development, and opportunities to participate in recognition events and leadership programs. Eligible students may have an 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. Income is based on production. An offer to apply for approval of an intern contract requires a national criminal background check; approval to contract may be withdrawn if the results do not allow the candidate to work for Northwestern Mutual.

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 set meetings to understand their financial goals.
  • Prepare plans and offer useful recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Receive risk-product state licensing for Life, Accident, and Health.
  • Build life skills that create future career opportunities.

Benefits

  • 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.
  • Flexible schedule to work around life and classes.
  • Opportunity to participate in the internship program year-round.
  • Access to coaching, training, and development meetings.
  • Access to leadership programs and local and national recognition events.
  • Support for registrations and certifications such as Series 6, Series 63, or CFP.

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