MILWAUKEE, Nov. 18, 2015 /PRNewswire/ -- Each year, thousands of college students learn from some the most successful financial representatives 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 2016, and is the only company to be recognized for 20 straight years. Over that span, the company has been among some of the most recognized organizations in the entertainment, technology, engineering and other major industries, including Google, Apple, Lucasfilm/Lucas Digital, Microsoft, Ford Motor Company, Goldman Sachs and others. Only Northwestern Mutual has been recognized every year.
"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 Michael Van Grinsven, Northwestern Mutual's field internship director.
More than 3,300 college students are currently enrolled in Northwestern Mutual's internship program in the company's more than 350 offices around the country. Van Grinsven added that the company expects to provide opportunities to more than 3,300 additional students in 2016.
"A Northwestern Mutual internship isn't just a box a student checks before they graduate. Rather, it's viewed as an opportunity to build relationships with clients and receive hands-on training and mentoring from some of the best financial planning professionals in the industry, all of which is designed for them to hit the ground running post-graduation."
Northwestern Mutual has embraced that philosophy since 1967. Over that time, more than 48,000 students have participated in the program, and according to Van Grinsven, 98% of the company's intern alums 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.
Northwestern Mutual expects one-third of the senior status interns will pursue full-time careers with the company after graduation. Many of the company's most successful financial representatives and more than half of the senior field management are former interns.
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 more than 600 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, 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 $230 billion in assets, $27 billion in revenues, nearly $90 billion in assets under management in our investment products and services, and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to 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 is recognized by FORTUNE magazine as one of the "World's Most Admired" life insurance companies in 2015.
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 Real Estate Investments, LLC; 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; and Northwestern Long Term Care Insurance Company.
SOURCE Northwestern Mutual