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College Financial Representative, Internship Program - job 1 of 2

Overview

College Financial Representatives in the internship program at Northwestern Mutual are provided guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Our college financial representatives, who come from varying academic backgrounds and experiences, begin to build a financial planning practice while engaging local and nationwide experts, exclusive financial products, and the support of a Fortune 500 company. You will have the opportunity to build your confidence, develop a professional network, and help people achieve financial freedom. Here, hard work pays off!

Responsibilities

Our internship program mimics our full-time Financial Representative career, allowing you to:

  • Learn how to prospect and network to build your business and client base
  • Develop and execute on a business strategy
  • Call on potential clients and set meetings to understand their financial goals
  • Prepare plans and offer useful recommendations
  • Gain exposure to proprietary planning software platforms
  • Engage in weekly coaching, training, and development meetings
  • Receive Risk Product State Licensing: Life, Accident, and Health
  • Build life skills that create future career opportunities

 

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule to work around your life and your classes. With the option to participate in our internship program year-round, you can continue to grow your practice and obtain support for registrations and certifications such as the Series 6 & 63 or CFP®. Get inspired at local and national recognition events, earn access to leadership programs, and collaborate with experts in our business. In fact, you’ll find diverse resources across our culture to ensure that you experience personal and professional growth in this program. With interest, eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.

#LI-Onsite

Qualifications

Are you a fit for this internship?

  • Full-time student; juniors and seniors preferred
  • Entrepreneurial ambitions and curiosity for sales
  • Highly involved on campus (leader, athlete, campus orgs, student government, etc)
  • Excellent time-management skills
  • Interest in financial literacy and planning tools
  • Business savvy and desire to increase critical thinking abilities

Compensation & Benefits

  • Performance-based earnings and revenue
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions)
  • Productivity Bonuses
  • Support for insurance licensing (life, health, DI, LTC)
  • Support for SIE, Series 6, Series 63 registrations (eligibility required)

About Us

For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.

 

Our tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.

 

Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors1 for income tax purposes, and a "statutory employee" for Federal Insurance Contributions Act (FICA) tax purposes.

 

As a company, we value an inclusive and belonging workplace where everyone’s unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

 

Why join Northwestern Mutual

  • Fortune 500 company (2023)
  • Top 100 Internship Programs, Yello x WayUp (2022)
  • 5.0+ million clients and growing2
  • $257 billion retail investment client assets held or managed by Northwestern Mutual3
  • Forbes' Best Employers for Diversity (2018-2021)
  • Unsurpassed financial strength4
  • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)

 

1 Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of an intern contract to become a Northwestern Mutual College Financial Representative, a national criminal background check is required. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.

2 As of June 30, 2023

3 Combined client assets of NMIS and NMWMC as of June 30, 2023

4 Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody’s Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)

Salary Range

USD $500.00 - USD $1,000.00 /Yr.
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CEO of Northwestern Mutual
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John E. Schlifske
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Average salary estimate

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What You Should Know About College Financial Representative, Internship Program, Northwestern Mutual

Are you a college student looking to kickstart your career in finance? Northwestern Mutual is excited to offer a fantastic opportunity as a College Financial Representative in our Internship Program right here in Middleton! This unique internship is designed to provide you with a hands-on experience, giving you the guidance and resources needed to build your own financial planning practice from scratch. You'll engage with both local and nationwide experts, learning how to prospect and network effectively to grow your client base. As you dive into this role, you'll prepare financial plans, develop business strategies, and gain insights into proprietary planning software—all while enjoying the flexibility to work around your academic commitments. Our program emphasizes personal and professional growth, with weekly coaching sessions and opportunities for licensing in Life, Accident, and Health Insurance. You'll not only earn performance-based income and incentives but also have a chance to build essential life skills that pave the way for a prosperous career. Furthermore, as you progress, you may even qualify for a full-time position after graduation! Join us at Northwestern Mutual, where your entrepreneurial spirit and ambition meet a supportive environment committed to your success. Whether you're a junior or senior, if you're highly involved on campus and have a passion for financial literacy, we invite you to learn more about this rewarding internship experience that aligns with your goals and ambitions.

Frequently Asked Questions (FAQs) for College Financial Representative, Internship Program Role at Northwestern Mutual
What responsibilities will a College Financial Representative at Northwestern Mutual have?

As a College Financial Representative in Northwestern Mutual's internship program, you'll have the opportunity to learn how to prospect and network, develop effective business strategies, engage with potential clients, and prepare tailored financial plans. Your role includes participating in weekly coaching sessions and gaining important licensing, which helps you build a strong foundation for your financial planning practice.

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What are the qualifications required to apply for the College Financial Representative internship at Northwestern Mutual?

To apply for the College Financial Representative internship at Northwestern Mutual, candidates should be full-time students, preferably juniors or seniors. An entrepreneurial mindset, strong campus involvement, and excellent time-management skills are essential. Moreover, an interest in financial literacy and planning tools will help you thrive in this role.

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What are the career growth opportunities available after the College Financial Representative internship at Northwestern Mutual?

Upon completing the College Financial Representative internship at Northwestern Mutual, eligible students may have the opportunity to interview for full-time positions as Financial Representatives or Advisors. This internship not only builds valuable skills but also creates a pathway for future career advancement in the financial industry.

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How does the College Financial Representative internship at Northwestern Mutual support students in their licensing efforts?

Northwestern Mutual provides robust support for students in obtaining their insurance licenses, including Life, Accident, Health, and other registrations. Interns are encouraged to pursue certifications like SIE, Series 6, and Series 63, with eligibility criteria outlined to help guide their efforts toward becoming licensed professionals.

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What benefits do interns receive as College Financial Representatives at Northwestern Mutual?

As College Financial Representatives at Northwestern Mutual, interns can enjoy performance-based earnings, bonuses, and learning incentives that can go up to $1000 per month. This internship enriches their professional experience while providing financial rewards based on their contributions and successes.

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Common Interview Questions for College Financial Representative, Internship Program
How do you approach networking as a College Financial Representative?

Networking is vital in this role. I believe in creating genuine connections with potential clients and colleagues through community involvement, social events, and professional gatherings. Sharing valuable insights and experiences allows me to establish trust and rapport, key elements in building a successful financial planning practice.

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Can you describe a time when you had to manage multiple priorities or deadlines?

In balancing my academic responsibilities and campus involvement, I prioritize tasks by assessing their urgency and importance. Communication with team members and setting clear timelines help me stay organized. This skill is critical as a College Financial Representative, where timely service to clients is essential.

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What motivated you to pursue a role as a College Financial Representative with Northwestern Mutual?

I've always been passionate about helping others manage their finances effectively. Northwestern Mutual's reputation for integrity and commitment to student success attracted me. The opportunity to learn from industry leaders while making a positive impact in people's financial lives was a motivating factor in my decision.

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How would you describe your understanding of financial planning tools?

I have a foundational knowledge of various financial planning tools and concepts through my coursework and personal interest. I am eager to learn more about proprietary platforms offered at Northwestern Mutual and how best to apply these tools to meet and exceed client goals.

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What qualities do you think are essential for a successful Financial Representative?

Successful Financial Representatives should be excellent communicators who can relate to their clients' needs. Additionally, they need to be detail-oriented, resilient, and proactive in problem-solving, as these qualities help in building strong relationships and trust, ultimately leading to concrete financial solutions.

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What ideas do you have for developing a client base as a College Financial Representative?

Establishing a diverse client base involves leveraging my existing network, engaging with local organizations, and utilizing social media to reach broader audiences. Additionally, I plan to host workshops focused on financial literacy, which can attract individuals seeking guidance while simultaneously showcasing my expertise.

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How would you handle a client who is hesitant to discuss their financial situation?

I would approach the situation with empathy and patience, allowing them to share at their own pace. Understanding their hesitations and building rapport can help create a safe space for open dialogue. My aim would be to show genuine care for their financial wellbeing, which may encourage more willingness to engage.

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What do you think sets Northwestern Mutual apart from other financial service companies?

Northwestern Mutual's commitment to personal and professional development truly differentiates it. The strong support system, inclusive culture, and focus on comprehensive financial planning make it unique. The firm’s longstanding history and reputation for unmatched financial strength also provide clients with a sense of security.

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What skills do you hope to develop through the College Financial Representative internship?

Through this internship, I aim to develop critical thinking and analytical skills specifically in financial planning. I also look forward to improving my client relationship management skills, gaining a deeper understanding of financial products, and honing my sales abilities to facilitate client engagement effectively.

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Why is financial literacy important to you?

Financial literacy is essential as it equips individuals with the knowledge to make informed decisions about their money. Understanding financial concepts can create pathways out of debt and toward wealth accumulation. As a College Financial Representative, I hope to empower clients with this information, enhancing their overall financial wellbeing.

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Internship, on-site
DATE POSTED
March 31, 2025

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