What are the responsibilities and job description for the Financial Representative Internship position at Northwestern Mutual?
BEGIN YOUR PROFESSIONAL DEVELOPMENT AS AN INTERN WITH NORTHWESTERN MUTUAL
One of America’s Top internships according to WayUp, Northwestern Mutual Financial Representative interns strive to understand their clients' goals and visions to uncover financial solutions that put them on a path to achieve their financial objectives.
Our Financial Representative interns come from varying academic backgrounds and experiences to build rewarding practices and relationships with our clients. As you excel in your internship, you will be supported by our network of specialists, training programs and mentoring opportunities to help your clients and to build your practice.
THE OPPORTUNITY:
- Representatives help clients to achieve and maintain financial security by providing financial advice and matching solutions with clients’ needs and goals.
- Develop rapport with clients and foster long-term relationships.
- Be knowledgeable about Northwestern Mutual financial products and financial market trends.
- Build and maintain client bases, keep current client financial plans up-to-date and build a portfolio of new clients on an ongoing basis.
- Provide dedicated and focused client experiences.
BY JOINING OUR TEAM, YOU'LL HAVE ACCESS TO:
- An award-winning training program to help you get started.
- Mentorship and professional development training throughout your entire career.
- A culture that promotes diversity, teamwork, work/life balance, recognition and rewards.
- The opportunity to design your roadmap to leadership and specialized roles.
- Leading industry products and solutions built on an integrated technology platform.
- Financial support for professional designations and certifications, such as the CFP® certification or Series 6 & 63 licenses, which will boast your career from Financial Representative intern to Financial Advisor.
- A rewarding career, with extraordinary income potential and a variable compensation model, including recognition and bonuses, where hard work directly relates to your sales results.
https://www.northwesternmutual.com/internships/
WHO WE ARE:
At Northwestern Mutual, we believe that everyone deserves to “spend their lives living” and that a strong financial plan is the cornerstone for ensuring that reality! Financial security is not just something that happens in retirement but is what enables our clients to spend their lives living!
Our teams of financial advisors across the nation embody these beliefs and are committed to helping clients reach their financial goals. With over 70% of American’s citing that their financial planning needs improvement, a career with Northwestern Mutual provides abundant opportunities to serve this growing need!
Recognized by FORTUNE as one of the "World's Most Admired" companies, Northwestern Mutual has been among the leaders in the financial services industry for nearly 160 years and has a proven track record of financial success.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI and its subsidiaries. Financial representatives are independent contractors. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
Recognized by FORTUNE as one of the "World's Most Admired" companies, Northwestern Mutual has been among the leaders in the financial services industry for nearly 160 years and has a proven track record of financial success At Northwestern Mutual, we believe that everyone deserves to “spend their lives living” and that a strong financial plan is the cornerstone for ensuring that reality! Financial security is not just something that happens in retirement but is what enables our clients to spend their lives living!
Financial Representatives at Tri-Harbor Financial Group of Northwestern Mutual help their clients live more and worry less through our personalized approach to financial planning. Our program gives recent college grads the opportunity to begin building a financial planning practice while employing local and nationwide experts, exclusive financial products and the support of a Fortune 100 Company. You will have the opportunity to bulid your confidence, develop a professional network and change people's lives by helping them achieve financial freedom. Here, hard work pays off!
The Opportunity:
• Build your client base through prospecting and networking
• Call on potential clients and set meetings to understand their financial goals
• Prepare plans and offer useful recommendations
• Gain exposure to planning software platforms
• Get licensed with your Life, Accident, and Health insurance license
• Participate in weekly coaching, training, and development meetings
• Fast track to the Financial Advisor Role
• Obtain support for registrations and certifications such as the Series 6 & 63 or CFP.
In this program, you will 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.
Are you a fit for this program?
• Recent College Grad (May 2024 graduates)
• Entrepreneurial and curiosity for sales
• Highly involved on campus (leader, campus orgs, student government, etc)
• Excellent time-management skills
• Interest in financial literacy and planning tools
• Business savvy
Compensation & Benefits
• Commissions
• Development Stipends
• Productivity Bonuses
• Support for insurance licensing (life, health, DI, LTC)
• Support for SIE, Series 6, Series 63 registrations (eligibility required)
WHO WE ARE:
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 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)
- Forbes’ Best Employers for Diversity (2018-2021)
- Top 10 US Independent Broker-Dealers2
- #1 Amongst Life Insurers Most Admired Companies3 for Financial Soundness, Quality of Products/Services, and Use of Corporate Assets
- Best Place to Work for LGBTQ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)
- $257 billion retail investment client assets held or managed by Northwestern Mutual 4
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM) and its subsidiaries, including Northwestern Long Term Care Insurance Company (NLTC), Northwestern Mutual Investment Services, LLC (NMIS) (Investment Brokerage Services), a registered investment adviser, broker-dealer, and member of FINRA and SIPC, and Northwestern Mutual Wealth Management Company® (NMWMC) (Investment Advisory Services), a federal savings bank. NM and its subsidiaries are in Milwaukee, WI.
1 Northwestern Mutual Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of a contract to become a Northwestern Mutual 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 for contract will be withdrawn.
2 Ranking for Northwestern Mutual Investment Services, LLC based on total 2022 AUM. Sources: Financial Advisor magazine, April 2023.
3 To determine the best-regarded companies in more than 50 industries, FORTUNE asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria. Details at fortune.com
4 Combined client assets of NMIS and NMWMC as of June 30, 2023
