MILWAUKEE, Oct. 13, 2016 /PRNewswire/ -- Northwestern Mutual today announced that the company's nationally-recognized financial representative internship program was named by Vault.com the #1 internship for students seeking careers in the financial services industry.
Northwestern Mutual ranks #4 overall across all industries on the Vault's Top 50 Internships for 2017, and is the only company to be recognized in the top 10 for 21 straight years. Additionally, the company ranks #2 for career development opportunities and #10 in the U.S. in terms of positive office culture, flexibility and work-life balance.
"A Northwestern Mutual internship is a unique opportunity for students to build relationships and receive hands-on training and mentoring from some of the best financial planning professionals in the industry, all coinciding with classroom work," said Michael Van Grinsven, Northwestern Mutual internship program director.
The company has embraced that philosophy throughout the existence of the program, which marks its 50th anniversary in 2017. Over that time, more than 52,000 college students have participated in the program, and according to Van Grinsven, 98% of interns say they found the program was instrumental or very helpful to their future careers – whether in the financial services industry, sales or other business endeavor.
"We're extremely proud of our long track record of providing college students with the tools and resources they need to achieve success after graduation," said Van Grinsven.
Northwestern Mutual expects one-third of interns that are seniors will pursue full-time careers with the company after graduation. Many of the company's most successful financial representatives and more than half of those leading its offices around the country are former interns.
Vault.com provides in-depth intelligence on what it's 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 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, and industry clout and work culture.
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 $238.5 billion in assets, $27.9 billion in revenues and more than $1.6 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.3 million people who rely on us for insurance and investment solutions, including life, disability income and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services. Northwestern Mutual ranks 100 on the 2016 FORTUNE 500, and is recognized by FORTUNE as one of the "World's Most Admired" life insurance companies in 2016.
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, life insurance with long-term care benefits, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (NMWMC), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC).
SOURCE Northwestern Mutual