Northwestern Mutual Internships

 
Northwestern Mutual Internships
4.00 out of 5

6 review(s)
Headquarters:
Milwaukee, WI
Employees:
5,000
Annual Interns:
300
Profile Views: 3691

Northwestern Mutual

Internship Overview
Internship Rating (Avg): 4.00 out of 5
6 Intern Reviews
Avg Northwestern Mutual Intern Salary: $15.00
6 Intern Salaries
Did you intern at Northwestern Mutual? Add Salary or Add Review
 

Internship Perks

A full-time college student generally works 15 to 20 hours per week as an intern developing business and client building skills. In most ways, our interns follow the same process for establishing their careers as our financial representatives.

We offer a personalized approach to providing customized financial solutions tailored to each client's individual needs. As you build your business, you’ll:

Meet With Clients - You'll set up appointments to discuss your clients' current financial situation.*

Analyze the Client's Situation - After extensive fact-finding, you'll uncover long-term goals that you will use to help determine your client's needs.

Make Recommendations - After evaluating your client's current situation and goals, you'll determine what products can help fill their needs and present appropriate solutions to your client.

Provide Ongoing Service - You'll continue to work with your clients beyond the close of the sale. Most financial representatives contact their clients twice per year to determine whether their needs have changed, and keep them aware of the resources available to them.

Northwestern Mutual Internship & Company Overview

Since 1967, Northwestern Mutual's Internship Program has provided over 20,000 students from all over the country an unmatched opportunity to learn more about themselves, the world of business and the financial services career.

Can you envision a life of financial independence, freedom and calling your own shots? Many college students can’t. That's why our internship provides a valuable opportunity for students to combine classroom learning with a real life look into what they could truly make of themselves.

Our internship program emphasizes developing people rather than selling products. We value quality above quantity and aim to empower students for personal and professional growth. Northwestern Mutual has network offices located throughout the United States. A local network office will take you through a mutual discovery interview process to assist you in making an appropriate, informed decision about participating in the internship program.

This mutual discovery process gives you and the local network office a chance to learn more about your abilities and goals and you learn about the commitments of the internship program. Your local network office will support you through your training and development. With over 150 years of experience, Northwestern Mutual understands the skills and knowledge needed to succeed.
*

Internship References

Northwestern Mutual Internships: here
Northwestern Mutual Internship Success Stories: here
6 Northwestern Mutual Intern Salaries
Human Resources Intern: $15/hour
Financial Representative Intern: $13/hour
Marketing Intern: $12/hour
Financial Planning Intern: $12/hour
Northwestern Mutual Financial Planning Intern: $1,000/month
Northwestern Mutual Sales Intern: $23/hour
6 Northwestern Mutual reviews posted anonymously by former interns:
"it's a challenging sales opportunity, but worth it"
Position: Northwestern Mutual Sales Intern
Location: Milwaukee, WI
Pay: $$23/hour
Duration: 12 weeks
Review posted on 3/2/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Agree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Strongly Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Agree

Pros:

I attended meetings daily starting at 10:00 a.m., and attended more meetings and consultations in the afternoon. It was my responsibility to build my own client base via phoning during the first few weeks of the summer.

Selling my first policy was the most memorable moment. I was the first intern to sell a policy, and it happened quicker than expected.

During my internship with Northwest Mutual, there were 16 other interns and three college unit directors. College unit directors are full-time financial representatives who also completed the internship program at Northwest Mutual.

All three college directors let us know that things like rejection, is something that they also went through when they were in the intern position.

Cons:

I didn’t expect to be thrown in so quickly, even though the company did tell us that we would be able to run their company. So, be prepared! This is a good thing for students that are hungry.

Advice for other students:

My internship enhanced my employability and gave the interns experience of running their own businesses as students. I learned that I could interact with adults on a professional level.

Anyone who is interested in interning with Northwest Mutual, there is a lot of work but is very rewarding in the end
 
"You get what you want out of it"
Position: Northwestern Mutual Financial Planning Intern
Location: Houston, TX
Pay: $$1,000/month
Duration: 10 weeks
Review posted on 4/23/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Disagree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Strongly Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Neutral "OK"

Pros:

- Good pay if you can sell. Commission.
- NM treats interns well and gives you good financial training.

Cons:

You sell insurance. It's straightforward.

Advice for other students:

Only do this if you like sales and are hungry to make some money.
 
"Brutal - avoid if you can find anything else to do"
Position: Financial Planning Intern
Location: Orlando, FL
Pay: $$12/hour
Duration: 8 weeks
Review posted on 4/23/2011
I gained real world experience:
1
2
3
4
5
Neutral "OK"
My boss treated me with respect:
1
2
3
4
5
Neutral "OK"
I enjoyed my fellow co-workers:
1
2
3
4
5
Neutral "OK"
The work I performed was interesting:
1
2
3
4
5
Strongly Disagree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Disagree
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Disagree

Pros:

Northwestern Mutual is very nice and supportive of interns, I'll give them that. Their internship program is somehow nationaly ranked, which I guess is a good thing.

Cons:

You hit up people you know to buy insurance.

Advice for other students:

Not for me.
 
"Northwestern Mutual gave me real experience with financial products"
Position: Marketing Intern
Location: Pittsburgh, PA
Pay: $$12/hour
Duration: 10 weeks
Review posted on 8/28/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

- Able to assist across departments and gain exposure to investments, life insurance, and financial planning.
- Enjoyed the investment and portfolio side of the business. I was able to be a part of a couple client meetings and it was interesting to the risk assessment side of portfolio management.
- Nice group in Pittsburgh.
- Paid.

Cons:

- There was a lot of menial tasks like putting together binders, copies, etc.
- Some sales tasks at Northwestern Mutual which made me a little uncomfortable (I'm not a sales person).

Advice for other students:

Take as many internships as possible - it will set you apart.
 
"Learned retirement and insurance product market"
Position: Financial Representative Intern
Location: Hartford, CT
Pay: $$13/hour
Duration: 12 weeks
Review posted on 10/20/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Agree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Strongly Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

I worked with Northwestern Mutual financial representatives to sell retirement and insurance products. I did learn a ton about that side of wealth management/ financial planning. My boss was a cool guy and really helped me out.

Cons:

This is really just a sales position.

Advice for other students:

Northwestern Mutual is a solid company and it all depends what branch office you work in. There is money to be made here.
 
"HR department at Northwestern Mutual"
Position: Human Resources Intern
Location: Los Angeles, CA
Pay: $$15/hour
Duration: 12 weeks
Review posted on 10/26/2011
I gained real world experience:
1
2
3
4
5
Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Agree

Pros:

- Learned about benefits and retirement plans at Liberty Mutual.
- Able to get my feet wet with resumes screening and conducted phone interviews with candidates for various financial, IT, intern positions.
- HR in the real world is very interesting.

Cons:

- Must answer a lot of benefit questions.
- With HR comes some serious paperwork.

Advice for other students:

Liberty Mutual is a fine company and I enjoyed the exposure to real world HR issues.
 
 
 

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