Northwestern Mutual Network Internship Fact Sheet
Internship Program
Overview
Since 1967, More than 25,000 students have participated in the
Northwestern Mutual Financial Representative Intern
program. Financial representative interns have an opportunity to
test drive the same career as our full-time
representatives. Financial representative interns gain necessary
skills and knowledge of the financial services industry, define their
own target markets and establish client relationships. In addition
to that experience, interns can gain a performance-based income while
attending college.
Qualifications
Enrolled in a minimum of 12 college credits; strong interpersonal
skills; self-motivated; community service; history of personal
success. Ideal candidates will demonstrate dedication, discipline,
balance and a competitive nature.
Annual Interns
The Network recruits an average of 1,000 interns annually.
Training
Supported by our network of financial representatives, Northwestern
Mutual Financial Network interns have access to the resources;
products and assistance they need to learn the business and help
their clients. Interns receive three to five days of sales training
up front as well as ongoing training through joint work and weekly
sessions devoted to accountability and skills training.
Conversion Rates
One in three graduating interns will make the transition to become a
full-time financial representative for the Northwestern Mutual
Financial Network.
Approximately 38% of Managing Partners are former interns and one in
five of the top financial representatives were interns early in their careers.
Compensation
Interns with The Network have virtually unlimited, high-income
potential, governed by their own drive and determination. In
addition to commissions, contracted interns have an opportunity to
earn two stipends per program period.
Accolades
Northwestern Mutual Financial Network: America's Top Ten Internships
for Eleven Consecutive Years, 1997-2007. Vault Guide to Internships,
2007 edition.
Northwestern Mutual was ranked as the #1 best and 3rd largest service
company in Selling Power Magazine's "50 Best Companies to Sell For,"
Nov./Dec. 2007.
Northwestern Mutual Financial Network Internship program named one of
"Five best internships for real work" in July 27, 2007 Fortune.com story.
In FORTUNE Magazine's "Most Admired" survey, Northwestern Mutual has
collected top honors in the life/health insurance sector for 24
years, including 2007, and is the only company to place first every
year it was ranked.
