College Financial RepresentativeBookmark This
1055 Longfellow Drive
DescriptionInternship Job Description
Northwestern Mutual College Financial Representative (CFR)
Date of availability/posting: Year-round Opportunities throughout Eastern Iowa and Western Illinois
Address: 1055 Longfellow Drive Hiawatha, IA 52233. Other offices in Davenport, Dubuque, Waterloo, Iowa City, Washington, Quincy,
Contact: Recruiter Amanda Mulcahy Phone: 319.363.3527
Fax: 319.363.5517 E-mail: firstname.lastname@example.org
Visit our website at: http://cedarrapids.nm.com/
Mission: Together we as a team of financial professionals, utilize our network of specialists, continue our 100 year tradition of being dedicated servants in pursuit of excellence. Developing enduring relationships, our passion is to provide financial security through all stages of life.
Interns with the Northwestern Mutual Financial Network have the same opportunities to build their careers as full-time representatives. Supported by our network of specialists, training programs and mentoring opportunities, interns have access to the resources, products and assistance they need to help their clients and build their practices.
Compensation: CFR’s receive paid professional development training, earned commissions based on sales, earned stipends based on production goals/milestones.
Preferred Method of Application:
Email Amanda at email@example.com or call her at 319.363.3527, ext. 339
Northwestern Mutual is the fleet name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI (NM), and its subsidiaries. Northwestern Mutual Financial Network is the marketing name for the sales and distribution arm of NM and its subsidiaries. Long-term care insurance is offered through Northwestern Long Term Care Insurance Company, Milwaukee, WI, a subsidiary of NM. Northwestern Mutual Wealth Management Company (WMC), Milwaukee, WI, a subsidiary of NM, is a limited purpose federal savings bank authorized to offer a range of financial planning, trust, fiduciary, investment advisory and investment management products and services. Securities and investment advisory services are offered through Northwestern Mutual Investment Services, LLC, a subsidiary of NM, broker-dealer, register
ResponsibilitiesResponsibilities: Like fulltime Financial Representatives, CFR’s strive to understand their clients' goals and visions in order to uncover financial solutions that put them on a path to success. Financial Representative interns are in business for themselves – but they're not alone to uncover financial solutions that put them on a path to success. CFR’s attend weekly professional development training and work very closely with College Unit Directors/Managing Directors and mentors.
All candidates go through a MutualFit selection process to ensure the candidate understands and is comfortable with the internship opportunity and our expectations. If an offer is extended and the candidate accepts, he/she is required to pass the Iowa Life and Health insurance exams. The candidate works very closely with his/her College Unit Directors/Managing Directors/mentors and our contract and licensing coordinator to complete all necessary pre-work for this internship, including the aforementioned licensing requirement.
Season/Term of Internship: This internship is offered year-round. We schedule training classes at the beginning of each semester (fall, spring, summer). CFR’s may choose to continue their internship throughout contiguous semesters after completing the initial training. CFR’s who meet predetermined goals/milestones and are interested in continuing their affiliation with Northwestern Mutual may also become eligible for a fulltime Financial Representative opportunity upon graduation.
Hours per week: During Fall and Spring Semesters, CFR’s work approximately 10-15 hours per week depending on class load; during summer months, CFR’s work approximately 40 hours per week.
Schedule: A flexible schedule is maintained based on class schedule and/or client/prospect availability for appointments, i.e. some evening appointments may be required.
RequirementsWe provide tools, resources and training to help CFR’s discover and build their markets to develop a successful practice as a Financial Representative intern. At Northwestern Mutual we believe training is a process, not an event. The Northwestern Mutual Financial Network internship is a valuable opportunity for students to combine classroom learning with a real-life look into what they could truly make of themselves. Northwestern Mutual Leads Best Place to Work Survey Company Outpaces Industry in Selling Power Magazine Career Study (Selling Power Magazine's annual "50 Best Companies to Sell For" list, according to the November 2011 issue). Vault, Inc.: Northwestern Mutual Financial Network Named “Top Ten Internship in America” For 15 consecutive years, the Northwestern Mutual’s financial representative internship program has been ranked among America's "Top Ten Internships" by the Internship Informants in the 2011 Vault Guide to Top Internships.
Preferred Major/Background: Open
Qualifications/Skills Needed: All candidates must be registered as full-time students, have strong interpersonal skills, be self-motivated and have a history of personal success. We’re looking for students who have integrity, values and ethics. We want candidates who are determined to succeed, are coachable (willing to learn and receive feedback), and have a goal-oriented/competitive natures. We also feel those who have a strong natural market, or strong relationships with numerous people in the area in which they will be working, have a greater chance at becoming successful in this business.