Northwestern Mutual's Internship Program Ranked #1 in Financial Services Industry
MILWAUKEE, Oct. 28, 2014 /PRNewswire/ -- Each year, thousands of college students learn from some the most successful financial advisors in the U.S. through Northwestern Mutual's nationally-recognized internship program, which was named by Vault.com the #1 internship for students seeking careers in the financial services industry.
Northwestern Mutual ranks #5 overall across all industries on Vault's Top Ten Internships for 2015, and is the only company to be recognized for 19 straight years.
"Our internship program is a cornerstone of our recruiting efforts and one of the key drivers behind our long track record of preparing the best and brightest students for success in the financial services industry," said Michael Van Grinsven, Northwestern Mutual's field internship director. "We take great pride in the program and we're happy that it remains a valuable experience for our interns."
Van Grinsven added that the program focuses on strengthening what it calls the "courage muscle" by offering students a real-world and unique experience. Interns are treated as full-fledged financial representatives that get an opportunity to build relationships and receive hands-on training and mentoring as they learn about Northwestern Mutual and how to become a successful entrepreneur – all coinciding with classroom work.
"The demand for financial planning has never been higher. And that demand, in turn, has opened up career opportunities for current college students to learn from the best in the business and one that prepares them to hit the ground running post-graduation," said Van Grinsven.
According to Van Grinsven, many of the company's interns have found great success in the financial services industry, and the company expects one-third of interns will pursue full-time careers with the company after graduation.
"Many of our most successful financial representatives and more than half of the senior field management are former interns," he said. "Additionally, 98 percent of our interns said they found the program was instrumental or very helpful to their future careers – whether in the financial services industry, sales or other business endeavor."
Vault.com provides in-depth intelligence on what it's really like to work in an industry, company or profession. Vault's editors surveyed thousands of current and former interns and evaluated hundreds of internship programs to select the ten programs they feel provide the best all-around experience. Many factors are considered, including: mentorship availability, career advancement opportunities, intern involvement/capacity for learning, compensation, industry clout and work culture.
Northwestern Mutual's internship program started in 1967, and since that time more than 44,000 students have graduated from the program.
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $217 billion in assets, $26 billion in revenues and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.2 million people who rely on us for insurance and investment solutions, including life, disability and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; Northwestern Long Term Care Insurance Company; and Russell Investments.
SOURCE Northwestern Mutual
John Gardner, 1-800-323-7033, firstname.lastname@example.org
10/28/2014 9:51:00 AM