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Accounting / Finance Internship

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

Carefully selected from universities across the country, our interns bring unique ideas and perspectives to our organization.  In return, interns gain a real-world business perspective through hands-on learning and meaningful work. Our internship program ensures that our interns are immersed in everything that Northwestern Mutual has to offer.

WHO WE ARE

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion​ worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and enhancing the engagement of those who bring their unique perspectives, ideas, and beliefs.  At Northwestern Mutual, people matter. And you’ll be working for a company that’s consistently voted among the “most admired” in the nation. We invite you to explore your career interests with us.

JOB DESCRIPTION AND DUTIES

 

An Accounting / Finance Intern in the Finance area will be assigned to one division of the department but have the opportunity to shadow other divisions.  Basic responsibilities for most interns include entry of general ledger journal entries into the accounting system, reconciliation of accounts, and completion of various projects that may be assigned.  There are several areas hiring within the Finance area for interns. See below:

YEAR-ROUND INTERNSHIP (BEGINNING NOVEMBER 2021)

  • Financial Planning, Reporting, & Analysis (Finance Major Preferred):   Assures that financial activity related to Northwestern Mutual’s investment products & services subsidiaries are appropriately accounted for. Measures, analyzes and reports on the financial results, business trends, and key performance indicators for investment products & services subsidiaries. Assists with external audit coordination and testing. Internal financial reporting to key stakeholders.

  • Enterprise Accounting: Assists with daily tasks within the accounting function, including system requisition processes.

  • Risk Product Accounting : Assists with ensuring that financial activity for insurance and annuity products and related field compensation are appropriately accounted for in the general ledger. Prepares and/or approves journal entries, account and system balancing reconciliations and investigates and resolves any findings by working with systems, client services and field services contacts.  Prepares complex quarterly regulatory state reporting schedules and analysis.  Collaborates on process improvement projects and external audit requests.


SUMMER 2022 INTERNSHIP (MAY 31 - AUGUST 12, 2022)

  • Tax:   Completes federal, state and local corporate tax returns. Performs reporting and payment of local, state and federal taxes.  Prepares estimates of income taxes and year-end tax accruals.  Assures compliance with federal, state, local and foreign tax laws and regulations.

PREFERRED SKILLS AND COMPETENCIES

  • Actively enrolled as an Accounting and/or Finance major

  • Effective oral and written communication skills

  • Demonstrated analytical and problem solving ability

  • High degree of self-motivation and proven ability to meet strict daily deadlines

  • Proven ability to work with a high degree of accuracy

  • Displays a professional attitude

  • Ability to effectively prioritize work and resolve routine problems

  • Basic Microsoft applications experience

HOURS

  • Part-Time hours (15-20 hours per week) November 2021 - end of May, 2022

  • Full-Time hours (40 hours per week) May 31 - August 12, 2022

  • Possibility of part-time hours extension after summer 2022 internship program

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Required Certifications:

Build a strong career foundation with a best-in-class company that puts our client’s interests at the center of all we do. Get started now! 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.


FIND YOUR FUTURE

We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.