Northwestern Mutual Financial Representative Internship
By Sarah Antony, '16
Fordham Career Ambassador
I first looked into an internship with Northwestern Mutual
because I liked their company philosophy. It is focused on financial planning
for the long term. True to form, the Financial Representative internship is
also geared towards preparing interns for a career in the long term.
About the Internship Itself
Northwestern Mutual treats its interns like full-time Financial
Reps; we are encouraged to view ourselves as the CEO of our own financial
services practices. The internship is difficult, but gives college students a
head start on a long career. Northwestern Mutual is built on meaningful,
trusting relationships with clients. Part of the expectation for new Financial
Representatives is building up a client base for our own personal practices,
with relationships that hopefully last a lifetime.
That being said, the company knows it’s tough and has an
incredible support system in place. Northwestern Mutual actually provides
training and sponsors financial services licensing for each state. More
experienced financial planners accompany new reps on client meetings. We attend
weekly meetings where interns pick up soft skills and get a chance to ask for
help with specific problems. Successful financial advisors, many of whom
started out in the internship program, are more than willing to share their
experiences, advice, and inspiration.
How to succeed
This internship might be a good fit for outgoing people, but
even if you don’t feel that networking comes to you naturally, anyone can learn
how to do it. As a Financial Rep, I get a chance to put all the soft skills
that I picked up as a Fordham Career Ambassador to work. Little things like
sending prompt follow-up emails and presenting yourself professionally go a
long way.
If you are considering this internship, I recommend
practicing meeting people in a casual setting to talk about your professional goals
or schoolwork. It can be as simple as contacting a favorite professor or one of
your friends who graduated and started working recently, and asking them to
meet you for coffee. This allows you to
get used to the idea of arranging meetings, which I used to find awkward. In
addition, it keeps your connections from going stale, and at the very least
gives you the chance to enjoy a chat with someone you don’t get to see
normally. You will have a much easier time as a Financial Rep if you have
expanded the circle of people you feel comfortable reaching out to beforehand.
Get into the mindset early on that you should be reaching
out to the people you meet on campus and through Career Services events. Career
Services taught me how to build a network, and the Financial Representative
internship taught me what do with it.
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