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How much do insurance internship jobs pay per hour?

As of May 28, 2026, the average hourly pay for insurance internship in Raleigh, NC is $16.82, according to ZipRecruiter salary data. Most workers in this role earn between $14.04 and $18.70 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Intern, and why are they important?

To thrive as an Insurance Intern, you need a solid understanding of business fundamentals, analytical abilities, and often be pursuing or have a degree in finance, business, or a related field. Familiarity with Microsoft Excel, insurance management software, and basic data analysis tools is typically expected. Strong communication, attention to detail, and eagerness to learn help interns stand out and adapt quickly in a professional environment. These skills and qualities are important because they enable interns to support experienced staff, contribute effectively to projects, and gain valuable industry insight.

What types of projects or assignments can I expect during an insurance internship?

As an insurance intern, you can expect to work on a variety of projects that provide insight into the industry's daily operations. Common assignments include assisting with policy analysis, conducting risk assessments, supporting claims processing, and participating in client meetings or presentations. You may also have opportunities to collaborate with underwriters, actuaries, and sales teams, gaining exposure to different specialties within the insurance field. These experiences are designed to help you develop practical skills and a clearer understanding of potential career paths in insurance.

What is an insurance internship?

An insurance internship is a temporary position offered to students or recent graduates to gain practical experience in the insurance industry. Interns typically work with insurance companies, brokers, or agencies to learn about various aspects of the business, such as underwriting, claims processing, customer service, and risk assessment. These internships provide valuable hands-on training, networking opportunities, and insights into potential career paths in insurance. They may be paid or unpaid and often serve as a stepping stone to full-time employment in the field.

What is the difference between Insurance Internship vs Insurance Analyst?

AspectInsurance InternshipInsurance Analyst
Required CredentialsTypically pursuing or recent graduate, some internships may require coursework in insurance or related fieldsBachelor's degree in finance, economics, or related field; professional certifications like CPCU or ARM are common
Work EnvironmentTemporary, entry-level, often in insurance companies or agencies, focused on learning and support tasksFull-time, professional role in insurance companies, analyzing data, assessing risks, and developing policies
Employer & Industry UsageUsed by insurance companies, agencies, and internship programs for training new talentUsed by insurance firms for ongoing risk assessment, policy management, and underwriting

In summary, an Insurance Internship is an entry-level, temporary position designed for learning and gaining industry exposure, while an Insurance Analyst is a full-time professional role involving detailed analysis, risk assessment, and policy development within the insurance industry.

What are the most commonly searched types of Insurance jobs in Raleigh, NC? The most popular types of Insurance jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Insurance Internship jobs? Cities near Raleigh, NC with the most Insurance Internship job openings:
Insurance Internship jobs near you
Infographic showing various Insurance Internship job openings in Raleigh, NC as of May 2026, with employment types broken down into 1% Internship, 5% Full Time, 77% Part Time, 1% Temporary, 15% Contract, and 1% Nights. Highlights an 34% Physical, 1% Hybrid, and 65% Remote job distribution, with an average salary of $34,990 per year, or $16.8 per hour.
College Financial Representative, Internship Program

College Financial Representative, Internship Program

Northwestern Mutual Life Insurance Company

Durham, NC • On-site

$500/wk

Internship

Medical, Life

Posted 14 days ago

Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 71 frontline employees who took The Breakroom Quiz

147th of 258 rated insurance

Job description

Overview
College Financial Representatives in the internship program at Northwestern Mutual are provided guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Our college financial representatives, who come from varying academic backgrounds and experiences, begin to build a financial planning practice while engaging local and nationwide experts, exclusive financial products, and the support of a Fortune 500 company. You will have the opportunity to build your confidence, develop a professional network, and help people achieve financial freedom. Here, hard work pays off!
Responsibilities
Our internship program mimics our full-time Financial Representative career, allowing you to:
  • Learn how to prospect and network to build your business and client base
  • Develop and execute on a business strategy
  • Call on potential clients and set meetings to understand their financial goals
  • Prepare plans and offer useful recommendations
  • Gain exposure to proprietary planning software platforms
  • Engage in weekly coaching, training, and development meetings
  • Receive Risk Product State Licensing: Life, Accident, and Health
  • Build life skills that create future career opportunities

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule to work around your life and your classes. With the option to participate in our internship program year-round, you can continue to grow your practice and obtain support for registrations and certifications such as the Series 6 & 63 or CFP®. Get inspired at local and national recognition events, earn access to leadership programs, and collaborate with experts in our business. In fact, you'll find diverse resources across our culture to ensure that you experience personal and professional growth in this program. With interest, eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.
#LI-Onsite
Qualifications
Are you a fit for this internship?
  • Full-time student; juniors and seniors preferred
  • Entrepreneurial ambitions and curiosity for sales
  • Highly involved on campus (leader, athlete, campus orgs, student government, etc)
  • Excellent time-management skills
  • Interest in financial literacy and planning tools
  • Business savvy and desire to increase critical thinking abilities

Compensation & Benefits
  • Performance-based earnings and revenue
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions)
  • Productivity Bonuses
  • Support for insurance licensing (life, health, DI, LTC)
  • Support for SIE, Series 6, Series 63 registrations (eligibility required)

About Us
For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.
Our tailored approach includes multiple financial strategies-insurance, investments, and annuities-built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.
Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors1 for income tax purposes, and a "statutory employee" for Federal Insurance Contributions Act (FICA) tax purposes.
As a company, we value an inclusive and belonging workplace where everyone's unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.
Why join Northwestern Mutual
  • Fortune 500 company (2023)
  • Top 100 Internship Programs, Yello x WayUp (2022)
  • 5.0+ million clients and growing2
  • $257 billion retail investment client assets held or managed by Northwestern Mutual3
  • Forbes' Best Employers for Diversity (2018-2021)
  • Unsurpassed financial strength4
  • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)

1 Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of an intern contract to become a Northwestern Mutual College Financial Representative, a national criminal background check is required. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.
2 As of June 30, 2023
3 Combined client assets of NMIS and NMWMC as of June 30, 2023
4 Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody's Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)
Pay Range
USD $500.00 - USD $3,000.00 /Yr.

What Northwestern Mutual employees say

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About Northwestern Mutual

Sourced by ZipRecruiter

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 improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US

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