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College Financial Representative, Internship Program

Northwestern Mutual•Edina, MN
•Onsite

About The Position

College Financial Representatives in Northwestern Mutual’s internship program receive guidance, connections, and a framework for building an integrated financial planning practice. Interns begin developing a practice while engaging local and nationwide experts, using financial products and planning resources, and drawing on support from the company. The program is designed to build confidence and professional networks while helping people work toward financial freedom. The internship mirrors the full-time Financial Representative career. Interns may participate year-round and receive a flexible schedule that accommodates classes. The program offers support for relevant insurance licensing, registrations, and certifications, including Series 6, Series 63, and CFP® pathways, subject to eligibility. Interns can also participate in recognition events and leadership programs and collaborate with 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. Earnings are production-based. An intern contract requires approval, including a national criminal background check; approval may be withdrawn if the results would prevent the candidate from working for Northwestern Mutual.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 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 strengthen critical-thinking abilities.

Nice To Haves

  • Junior or senior standing is preferred.

Responsibilities

  • Learn prospecting and networking strategies to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential clients and arrange meetings to understand their financial goals.
  • Prepare financial plans and provide useful recommendations.
  • Gain exposure to proprietary financial 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.

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 in life, health, disability income, and long-term care.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Flexible schedule to work around classes and other commitments.
  • Access to coaching, training, and development meetings.
  • Access to recognition events and leadership programs.

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