Best of luck.

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I'm partial to the internship.

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If you do not care about money and want a decent training session, learn how to pitch well, and be more social, its worth a few months for the experience.

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Otherwise it is just a waste of time if you are looking to make an hourly wage and just move on.

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The hourly compensations is there but only for a limited amount of time. There is so much support in the office as well. CFP, ChFC, CFA, all that. I was a student attending the University of Dubuque, when I started looking for an internship. The process took a week. Northwestern is all about the process and not the product. Given a different internship (non-sales) I would have taken that

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In three to five years new users on college confidential won't have this condition, but I'm also taking the internship because the economy is CRAP, unemployment is over 9% and part time jobs for young people are impossible to get, so along with experience I'm going to be making at least $1000 over the course of three months. Employees at Northwestern Mutual make, on average, $51,133 a year or $24.58 an hour. The organizational functions at Northwestern Mutual that pay the least are administrative and customer service. An internship at Northwestern Mutual gives you valuable, real-world work experience to prepare you for a career at Northwestern Mutual or elsewhere, while building on your classroom learning. Northwestern Mutual Real Estate takes you there. Since its inception, more than 50,000 students nationwide have participated, and Northwestern Mutual is the only company recognized by Vault as a Top 10 internship for 22 consecutive years. $100 weekly stipend. Everyone who says bad things about it just sucked or heard about it from someone who sucked. It is true at Northwestern you will approach everyone and anyone with a pulse and try to sell them something, but that is true anywhere you go. Those companies are cheap, cheesy, and will do anything to get you to make the sale. It sucks out your soul.

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Internships and Jobs in sales for MetLife, NYLife, Northwestern Mutual, and a lot of trader/stockbroker positions are either you make it or you fail. Northwestern Mutual Internship (Originally Posted: 10/15/2007) I did a search and noticed the recent post about the Internship through Northwestern Mutual and was surprised at the negativity. Its basically a modern day door to door salesman! Salaries at Northwestern Mutual can vary depending on the department or organizational function. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $119,634 per year. Our interns are in … Employees at Ameriprise Financial earn an average of $88,300 per year, and the employees at Raymond James earn an average salary of $84,393 per year. They rank that high due to amount of people desperately looking for internships. 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. While the average employee salary at Northwestern Mutual is $51,133, there is a big variation in pay depending on the role. I used this same kind of advice when determining whether or not to take the internship at Northwestern, New York Life, or just take extra summer classes.

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While it's true ANYONE can do this internship, it's going to benefit business majors the most, ESPECIALLY Finance majors. One last thought.. this internship is absolutely nothing like vector or cutco. If you learn about the company, industry, and pay attention to the training, the products will sell themselves and you'll end up with a chunk of change, as well as a great line for your resume.

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The only people defending this **** internship have 1 posts. When factoring in bonuses and additional compensation, a Intern at Northwestern Mutual can expect to make an average total pay of $6,523 . Typically 1-3 months you get paid a wage and afterwards, you are on your own but you can still use the office.

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Hi, I'm a freshman right now and I have an interview coming up for northwestern too. I have family friends who think I'm still in insurance to this day..

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Given the choice, would I go back and do it again? This is entirely fine and it's definitely not for everyone. "The Northwestern Mutual internship is a one-of-a-kind opportunity that gives college students access to some of the best financial advisors in … The interview process is pretty easy. Northwestern Mutual Life Insurance Company is one of the biggest scammers out there today. There are many opportunities out there that are much better.

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I feel bad for the poor kids who get suckered into this scheme.

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Is this internship completely commission based? It does give you tools in the insurance biz but it is nothing better than a telemarketer.

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The Northwestern Mutual internship is a waste of time. Life and disability insurance, annuities, and life insurance with long-term care benefits are issued by The Northwestern Mutual Life Insurance Company, Milwaukee, WI (NM). Tags: finance top network financial banking vault internships northwestern mutual nmfn. The office provides a mentor who coaches you through the processes and answers any questions. Workers in these departments earn $42,188 and $45,330, respectively. I can really say that the people who call it crap, don't understand the financial services industry. The it department also pays well, with an average salary of $72,018 per year. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company and its subsidiaries. The announcement comes as Northwestern Mutual celebrates the 50 th anniversary of its industry-leading internship program. While the average employee salary at Northwestern Mutual is $51,133, there is a big variation in pay depending on the role. The internship program has been rated by Vault a Top Ten Internship for the past 19 years in a row. 90 reviews from Northwestern Mutual employees about working as an Intern at Northwestern Mutual. Northwestern Mutual is the only company to be recognized as a top 100 internship program 1 for 24 straight years. Not bad for straight out of college. Those companies are cheap, cheesy, and will do anything to get you to make the sale. If you are very driven, work hard, driven and never give up as you cold call for 8-12 hours for 9 months and get luck, you will make great money. "

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This is definitely not a job for people who don't want to help other people and who can't fully understand and believe in Life Insurance products. Northwestern is all about the process and not the product. Northwestern Mutual employees earn $41,000 annually on average, or $20 per hour, which is 47% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at Northwestern Mutual is a Senior UNIX Administrator at $91,000 annually while the lowest paying job at Northwestern Mutual is a Financial Intern at $28,000 annually. Trust me, companies like Northwestern Mutual are 100% real, but they honestly set you up to 100% fail! If the decision is to keep your part-time job or take an internship, take the internship.

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This internship is completely legitimate. A worker with the title development director salary at Northwestern Mutual can earn an average yearly salary of $91,688. Clients love Northwestern Mutual because it is a financially stable company and it's not pushy, like Primerica, etc. Northwestern Mutual Salaries By Job Title. Super easy interview, however, the job clearly is not for everyone. It's nothing more than you selling insurance to your friends and family. Do they expect you to have an in depth knowledge of the world of finance? I wouldn't do it a second time, but the summer internship was useful I've never had trouble meeting new people and being the life of the party, but this internship will be a great foundation in learning how to communicate with people professionally.

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Not only will I eventually have a job I love (being a CFP) Northwestern gives you the time, money, and resources to helping you obtain your goals. I hated it The majority of us who can't commit the time or feel bad for cold calling won't make it in this profession. As a financial representative intern, you’ll have meaningful mentorships, access to strong professional networks, and immediate career opportunities with virtually unlimited earning potential. Salaries at The Northwestern Mutual Life … They send you to a week of training and then daily training meetings. 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 business planning. The median salary in Paramus, NJ is $59,307. 2. what should i do/say to really seal the deal for me

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Pay is almost entirely up to you…..meaning: you do all the work. I interviewed at Northwestern Mutual (Chicago, IL (US)) in April 2020. Northwestern Mutual Employees in Paramus, NJ don't earn quite as much. Pay: From $100.00 per week I'm going to take advantage of that.

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A lot of people can't look past their hand extended in front of them, and don't understand that when you go out and get referrals, have more experienced partners help you in the beginning, etc. Then check out this video about Northwestern Mutual's college internship program. If you are looking into this internship, I suggest doing your research and learning everything you can about what you will be in for, ask questions during the interview, and check out glassdoor.com it's not for everyone, and you shouldn't do it if you don't think you can work hard or can't see the benefits of doing it 3 years 5 years or even 10 years in the future.

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I interned at Northwestern for one summer (granted, was in their private securities investment group, not as a broker).

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Regarding the specific internship program in question, I have this to say: NWM has a good culture, and if you're fine with being a salesmen to mostly retail clients, then it's a good place to be in the long-term and you can make decent bank.

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At the end of the day though, if you want to be a broker who makes the mega-dollars by selling equities or debt products to hedge funds, corporate clients, or other institutional investors it's not where you want to be because that's not what they do. – Provide dedicated and focused client experiences. It's true it's all about the life insurance at first, but honestly when you're starting which do you think people are more likely to trust you with, their equities or their insurance? When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. The higher paying positions at Northwestern Mutual include development director, recruitment director, wealth management advisor, and insurance agent. The Northwestern Mutual Internship has been named one of Americas Top Ten Internships by Vault for 20 consecutive years. – Build and maintain client bases, keep current client financial plans up-to-date and build a portfolio of new clients on an ongoing basis. In two more years I'll be a financial advisor and will graduate college with a guaranteed job that boasts one of the best pensions in existence. View Disclosures Hide Disclosures . Job Type: Internship. Calling on friends/family to ask for then to meet with you, where you will try to sell/ask for leads My honest review of the Northwestern Mutual Financial Advisor internship I did in the summer of 2017. As time goes on however the clients develop trust with you and the investments come later. The University of Dubuque, when i started looking for internships vector or.. Not for everyone will do anything to get you to make the northwestern mutual internship pay! 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