College Financial Representative (CFR) Internship
Job Qualifications:
Must US Citizen and does not require visa sponsorship
Open to all majors
Must have reliable transportation
Registered as full-time students, 12 credits
Coachable and have a goal-oriented/competitive nature
Prefer customer service or phoning experience
Prefer involvement in extracurricular activities, clubs, or athletics
Job Description:
Like Northwestern Mutual’s full-time Financial Representatives our CFR Interns have the same opportunities and
responsibilities to build their future careers with support by our highly ranked training program, mentorship and network of
specialists. Interns have access to the tools, resources, products and assistance to help their potential clients and build their
own successful practices. CFR’s discover and expand their natural market and learn as they are directly supported by their
individual mentors, Managing Directors, College Unit Directors, Team Lead, Director of Training and Technology, RACE coaches,
veteran Financial Representatives and the Campus Recruiters. Like full-time Financial Representatives, CFR’s strive to
understand their clients' goals and visions in order to uncover financial solutions through hands-on experience.
At Northwestern Mutual we believe training is a process, not an event. CFR’s attend weekly professional development training.
The students work very closely with the College Unit Director, Managing Director, and their individual mentors. The
Northwestern Mutual CFR internship is a valuable opportunity for students to combine classroom learning with real-life insight
to one of the World’s Most Admired Life Insurance Companies. – Fortune Magazine 2013
Mutual Fit Selection Process: part of our mutual fit selection process candidates are required to pass the Wisconsin Life and
Health insurance exams. This state exam is sponsored by Northwestern Mutual. The candidate works closely with our contract
and licensing coordinator to complete the necessary paperwork for this internship, including the aforementioned licensing
requirement.
Work Schedule:
Fall and Spring Semesters: 10-25 hours per week depending on class schedules.
Summer Program: approximately 30- 40 hours per week.
*Student will have set meetings but maintain a flexible schedule based on class schedule or client/prospect availability.
Compensation/Salary:
CFR’s paid in three ways. They receive 2 stipends and commission just like our full-time Financial Representatives.
1) Development Stipend: students can earn up to $1000 by participating in the scheduled weekly development meeting.
2) Production Stipend: students can earn up to $1000 based on meeting production goals and milestones.
Application Deadline and Start Date:
Spring 2015: 11/24/14 and 1/6/15
Summer 2015: 2/3/15 and 5/26/15
Locations: Northwestern Mutual is nationwide. The Kosnick Financial Group is a network office of the Northwestern Mutual,
the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI and its subsidiaries. Our Rockford
office is located at: 7025 Rote Road #101, Rockford, IL 61107