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      Northwestern Mutual

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      Financial Services Intern Interview

      Feb 4, 2011
      Anonymous Interview Candidate
      Houston, TX

      Other Financial Services Intern Interview Reviews for Northwestern Mutual

      Financial Services Intern Interview

      Jun 1, 2022
      Anonymous Interview Candidate
      Tampa, FL
      Declined offer
      Declined offer
      Positive experience
      Easy interview

      Application

      I applied through college or university. The process took 3 weeks. I interviewed at Northwestern Mutual (Houston, TX) in Oct 2010

      Interview

      I attended a career fair hosted by the university, and stopped by the Northwestern Mutual booth to inquire about available internships within the finance field. I talked to the first recruiter, who didn't seem to know much about the actual positions and just talked about the company, so I made my way over to the other recruiter (who turned out to be the actual person in charge of recruitment at the office). We didn't speak for long, but I think I made a good impression, and within a week, I was called in to schedule an interview. Before any of the interviews took place, I did some research online and found many negative thoughts about this internship. Many people said that it was a scam, and as I went through the interviews, I could definitely see what others meant by this. As an intern, you are given a mentor, who is a financial advisor within their company. Upon completion of training and meetings, you are to build your own client base via family/friends, and set up appointments with them. Then your mentor comes in and speaks to them about their needs, the company's products, etc. Initially, you are asked to only observe, but then take over when you gain more experience. You are given a certain percentage of the sales, as well as $100/week stipend pay. There are 3 rounds of interviews. All of them are one on one. The first one is the deciding factor of whether or not you'll get the second and third interview, as they are done together (they're back to back and regardless of how you do on the second one, you'll go into the third round). The first interview is with the head recruiter. It was all extremely personality based, and in addition to telling me about the company and position, they really try to sell it to you as they have been ranked as having one of the top ten internships in the US. I left with a pretty good impression of the company, and the next day was called to schedule my second and third interview with the director of recruitment, and the internship program director. What I learned is that the first and second rounds used the same interview template with the same exact questions: Tell me about yourself. Why have you chosen finance as your major? What do you think is your greatest accomplishment? Do you have siblings? What do you think of sales? How do you feel if asked to sell to friends/family? Where do you see yourself in 5-10 years? The first two interviews were around 30 minutes. The third round was about 15 minutes, as she assured me interviewees who make it to the third round are adequate candidates. She just went over the program with me and asked if I had any questions. Within a week, I received a call to discuss my future as a financial services intern.

      Interview questions [4]

      Question 1

      Why did you choose your major?
      Answer question

      Question 2

      Where do you see yourself in 5-10 years?
      Answer question

      Question 3

      Are you a part of any associations or organizations within the community?
      Answer question

      Question 4

      What do you think about sales?
      Answer question
      1
      Negative experience
      Easy interview

      Application

      I applied through a recruiter. The process took 2 weeks. I interviewed at Northwestern Mutual (Tampa, FL) in Feb 2022

      Interview

      Too many rounds and too little transparency about the role, isn’t about financial services at all and focuses strictly on insurance sales. Was not a Fan that for third round asked me to bring in family and friend connections to reach out to to sell insurance.

      Interview questions [1]

      Question 1

      When have you faced an impossible task and how did you overcome it?
      Answer question

      Financial Services Intern Interview

      Feb 18, 2021
      Anonymous Interview Candidate
      San Diego, CA
      Declined offer
      Negative experience
      Average interview

      Application

      I applied through college or university. I interviewed at Northwestern Mutual (San Diego, CA) in Aug 2019

      Interview

      They do an amazing job at making the workplace and position seem valuable but it really sounds like a pyramid scheme of sorts after the 2/3rd interview, it might be a good company for other positions but the core of it just didn’t sit well with me. I got my 3rd interview done at a Costco food court...to then find out id have to sell products in Costcos to start out and then eventually work up to a higher position that wouldn’t revolve around sales. I also received a packet in which I was meant to “build my own network” by calling 5 people and having those 5 people give me 5 phone numbers each. - VERY mlm/pyramid schemey to me. Honestly i just had a weird feeling so i respectfully retracted my candidacy before the big presentation for the final interview.

      Interview questions [1]

      Question 1

      How comfortable are you with calling people to give them financial advice?
      Answer question