Jared interned as a Financial Representative with Northwestern Mutual Financial Network.
How did you find out about the internship and what was the application process like?
I found out about the internship through two St. John's alums, Derek Tamm and Jake Overman, both of whom work at Northwestern Mutual. Derek did an informational financial session with the Corporate Finance classes in the Accounting/ Finance Department. From that day, I wanted to experience some of the ideas and responsibilities that Derek mentioned. So, I inquired about the internship. First, the recruiter for NML called me in for an initial interview and things went well. It seemed as though my personality fit the internship especially after the recruiter went over the description of the internship and the company. So, I met with Derek and Jake to see if the internship was right for me. They thought that the internship would fit my attributes and personality and so they offered me the internship.
What were some of the internship highlights?
Highlights of this internship include meeting great, influential people at the work place, meeting great people outside the work place, getting hands on experience in the real world, having the ability to network with many different backgrounds, and being able to run my own schedule and business.
What was a typical day like? What were some of your major responsibilities?
I would go into work at 7:30 a.m. and have a morning meeting with the experienced, full-time financial representatives. Then, I'd make my phone calls for the day and set meetings via phone for the upcoming days. From 10:30 to 4:00, I was in meetings with clients providing financial advice for their future. In essence, I would show people where and how to put their money in a tax efficient vehicle that will help them accumulate cash and savings for the future whether it was retirement, education, or other financial goals.
What were some of the challenges of your internship?
The biggest challenge of the internship was the long hours that I put in during the summer. However, I knew that the hard work and long hours would pay off during the summer and in the future.
What did you learn?
I learned an enormous amount during my internship at NML. I learned many technical aspects of financial planning for individuals and families, such as savings vehicles that accumulate wealth for themselves. I also learned many personal aspects of myself such as motivation, hard work, and dedication.
What advice would you give other students interested in an internship?
If students are looking at this internship opportunity, I would tell them to pursue it and go forth with 100% effort and dedication because there are so many beneficial aspects with it. NML is rated one of the top 10 internships in the nation, so I would conclude that this company is a good way to expand your network, gain knowledge, and learn life skills. If students are pursuing any internship, I would tell them to go out and get as much experience and knowledge as possible because that is important for future success in the work place.