I had a job at Edward Jones but that did not work out well. As a financial representative intern, you窶冤l have meaningful mentorships, access to strong professional networks, and 窶ｦ Source: Been in the same boat as you during a BSAF (Bull Shit As Fuck) sophomore life insurance "internship" that lasted for 2 weeks. Short Version: Get out. Reviews from Northwestern Mutual employees about Northwestern Mutual culture, salaries, benefits, work-life balance, management, job security, and more. Interview It was a hireview with 2 questions about yourself. I felt the need to get as much real-world experience as possible, so I accepted an internship at Northwestern Mutual as a financial representative. Northwestern Mutual Internship Complaints information. It would be a Financial Representative position. When you intern with us, you窶决e opening the doors to your future career. Learn about Northwestern Mutual culture, salaries, benefits, work-life balance, management, job security May 26, 2020 #16 Erik Thomas said: Sounds like you are at Northwestern Mutual, 窶ｦ Build on your classroom learnings while developing lifelong skills! Thanks for the input!! I'm currently a college senior working to get my finance degree. It is full commission and has a huge turnover rate. The appointments I made were with some friends and family members who don't necessarily need any of the products NM provides. Hey you. I put internship in parenthesis throughout this post because this really isn't an internship, this is just a very low-level sales job that will have your commissions split between the office and you'll get a fraction of what you worked for. A free inside look at company reviews and salaries posted anonymously by employees. Northwestern Mutual Corporate Internship - Duration: 2:39. I got recruited into the Northwestern Mutual Internship my Senior year of College. 426 reviews from Northwestern Mutual employees about working as a Financial Representative Intern at Northwestern Mutual. However, in the same scenario you would be able to position yourself as someone with great intercommunication and presentation skills. Northwestern Mutual is full of driven, educated individuals who have a clear goal in mind. He seems to be getting brainwashed and being given awful financial advice. The typical Northwestern Mutual Intern salary is $438. Does anybody have any opinions on Northwestern Mutual? But getting to that Now, you may have intelligent friends and family who have done some research, or read some Dave Ramsey, and they know that 窶ｦ I get it that NW mutual has a really shitty reputation r/FinancialCareers but I would treat this internship as a step upward from cashiering. Thanks everyone for their opinions! On top of that, I hate the feeling of using my friends and family members to try and get referrals. Press question mark to learn the rest of the keyboard shortcuts. A free inside look at Northwestern Mutual intern salary trends based on 971 intern salaries wages for 133 jobs at Northwestern Mutual. Average Northwestern Mutual Finance Intern yearly pay in the United States is approximately $30,000, which is 41% below the national average. I interned at Northwestern Mutual during the summer of 2009 then through the following school year part-time and then again during the summer of 2010. As a long-term career, I believe that it is a fantastic place to work. Northwestern Mutual Financial Representative Intern in the United States makes about $20.09 per hour. I'm currently a college senior working to get my finance degree. I interviewed at Northwestern Mutual (New York, NY) in October 2020. Northwestern Mutual is again a Top 10 internship overall, and No. I would call your friends and family back and cancel the meetings, not tell the NW assholes, and then just stop showing up. 6,482 Northwestern Mutual reviews. "Northwestern Mutual is the only company to be recognized as a top 100 internship program1 for 24 straight years. Intern Salaries posted anonymously by Northwestern Mutual employees. Long Version: Get out if you are fundamentally against selling to friends and family and "pushing" products on to them. They've given all the interns sales training and I've already schedules 9 appointments in my first 2 days. Stay Woke! New comments cannot be posted and votes cannot be cast, More posts from the FinancialCareers community. Indeed.com estimated this salary based on data from 11 employees, users and past and present job ads. I felt the need to get as much real-world experience as possible, so I accepted an internship at Northwestern Mutual as a financial representative. In short, the answer to your question is yes. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Working at the Philadelphia branch office is very exciting and beneficial. My honest review of the Northwestern Mutual Financial Advisor internship I did in the summer of 2017. Get real-world experience in finance internships at your Little Rock, AR Northwestern Mutual office. Cookies help us deliver our Services. Personally, I would start looking for boutique or fortune 500 internships right now. I am pursuing a degree in finance i just did not know if this is a good company to work for. Students like Alex are a 窶ｦ Tons of great salary information on Indeed.com What do you think? Based on your disinterest in sales it would be ludicrous to assume that you have interest in careers in S&T/Wealth Management - therefore even if you do insanely well in selling and marketing NOrthwestern's shiet over the summer -the experience will not be of any direct use to you. The questions were pretty generic. Intern salaries at Northwestern Mutual can range from $407 - $2,311. To begin your employment at Northwestern Mutual, the pay will be minimal because it is predominantly commission-based. Learn about Northwestern Mutual culture, salaries, benefits, work-life balance, management, job security, and more. Plus, in 2020 Vault ranked us #5 within the financial services industry and also ranked us in the top 10 for overall torre_avenue Avenger Oct 25, 2017 11,614 Behind you. Northwestern Mutual is the only company to be recognized as a top 100 internship program 1 for 24 straight years. MILWAUKEE, Oct. 30, 2012 /PRNewswire/ -- Northwestern Mutual's financial representative internship program has once again been recognized as one of the top ten programs nationwide in the recently-released 2012 Vault Guide to Internships.. Pros The office in La Jolla has a great training program. I've seen countless negatives about NM, particularly how advisors push for people to buy insurance even if they don't need it. Northwestern Mutual Intern Reviews Glassdoor https://www A free inside look at company reviews and salaries posted anonymously by employees. I really love finance and I went to school for it and I thought this would be a great opportunity to get some experience, it being a top 10 Internship 窶ｦ All you want to know about Northwestern Mutual Internship Complaints. Looks like you're using new Reddit on an old browser. Cons Employees will help guide you, but won't directly help you unless they have to Other I do want something that I can bring into a career or even another internship. You're probably panicking about getting internship experience in the midst of a world pandemic. Yeah you. Northwestern Mutual was founded on the principles of mutuality, putting people before profit, doing the right thing, and having a culture of respect, inclusion, and equity. Stop what you're doing and listen to me. At Northwestern Mutual ®, success is mutual. Successful insurance agents do make a good living however. The fact that I feel like I'm using my friends and family to hit a "quota" feels extremely wishy-washy. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. The hardest part about the internship is not first month but the second and third when you run out of your "warm market". Some pros of working at Northwestern Mutual include their top training program, amazing mentors, and the way the managing partners of each firm allow you to make your own schedule. Cons Some cons of working at Northwestern Mutual is that it is a very hard business and if you don窶冲 give yourself enough time to 窶ｦ Build on your classroom learnings while developing lifelong skills! Northwestern Mutual is the type of company that will hire anyone who can pass the insurance license exam. This estimate is based upon 48 Northwestern Mutual Intern salary report(s) provided by employees or estimated based upon statistical methods. Plan your career in the wide world of finance. Will it pad the resume yes but your most likely going to hate it. Cookies help us deliver our Services. Now you will learn alot about insurance and investments but if you do not have the drive for sales it will not be a great experience for you. Should I stick with this, or should I get out of the internship before I get more involved? Anything to get you out of doing something that you don't enjoy / something that might not even provide experience that will be beneficial to you in the future. It's technically not cold-calling, but I feel referrals are essentially one step above it. Get real-world experience in finance internships at your Braintree, MA Northwestern Mutual office. Even though the company does not provide personal benefits for employees the commission for financial advisers is great. Northwestern Mutual is an American financial services mutual organization based in Milwaukee.The financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, financial planning trust and private client services, estate planning and 窶ｦ My concern is that I'm nervous about how the meetings with my joint work partners are going to be. 2 for college students seeking careers in the financial services industry. And not only that, but you're making money by giving them access to the single most important, wonderful product of the modern world: Northwestern Mutual's Permanent Life Insurance. To update things, I decided to stop working there due to the fact that I didn't want to sell to friends and family who didn't truly need it. Your clients pay you yearly, so once you build that base, your income is residual. Start making up fake meetings, thats what i did. 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