College Financial Representative, Internship Program

Northwestern Mutual; Des Moines (IA); On-site; USD 500 - 1,000; Full time

Benefits offered by this job

Earnings potential

Licensing support

Bonuses

Learning incentives

Job summary

Northwestern Mutual in Des Moines offers College Financial Representatives an internship to build an integrated financial planning practice with guidance, access to experts, exclusive products, and support from a Fortune 500 company.

You will learn to prospect, develop a business strategy, and engage clients while gaining exposure to planning software and weekly coaching. Licensing in life, health, and related areas is supported as you grow professionally.

Qualifications

• Currently enrolled as a full-time student; juniors/seniors preferred.
• Entrepreneurial drive with interest in sales.
• Active campus involvement and leadership experience.
• Strong time-management and communication skills.

Responsibilities

• Learn prospecting and networking to grow client base.
• Develop and execute a personal business strategy.
• Call on potential clients and set meetings to understand goals.
• Prepare financial plans and useful recommendations.
• Gain exposure to proprietary planning software platforms.
• Attend weekly coaching, training, and development meetings.
• Receive risk product licensing: life, health, disability, LTC.
• Build life skills for future career opportunities.

Skills

Entrepreneurial ambitions

Sales orientation

Campus leadership

Time management

Financial literacy interest

Critical thinking

Education

College student (juniors/seniors preferred)

Job description

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!

1245 Jordan Creek Pkwy

Responsibilities

• 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

Qualifications

• 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 contractors 1 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.

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)

Why join Northwestern Mutual

• Fortune 500 company (2023)
• Top 100 Internship Programs, Yello x WayUp (2022)
• 5.0+ million clients and growing 2
• $257 billion retail investment client assets held or managed by Northwestern Mutual 3
• Forbes' Best Employers for Diversity (2018-2021)
• Unsurpassed financial strength 4
• Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)

Salary Range

USD $500.00 - USD $1,000.00 /Yr.