Jobs › Northwestern Mutual

Risk Product Accounting Intern, Year round

Northwestern Mutual · Milwaukee, WI · Full time

Posted Oct 2, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a time you worked with others to solve a problem.

What they are checking: Whether they can work with systems, client services and field services contacts as the role requires.

Tell me about a time you made a mistake on an assignment and how you handled it.

What they are checking: Whether they own errors and care about accuracy, which accounting needs.

Why are you interested in accounting at an insurance company?

What they are checking: Whether they have thought about this path and are not just applying everywhere.

What would you do

You find a difference in a reconciliation that you cannot explain. What do you do?

What they are checking: Whether they investigate carefully and ask for help when needed instead of forcing a balance.

This internship is part-time during the school year and full-time in summer. How will you balance it with classes?

What they are checking: Whether they can manage time and commitments across school and a year-long internship.

How would you ask a busy coworker for help without taking too much of their time?

What they are checking: Whether they come prepared with questions and respect others' time as a new intern.

About the work

Explain what a journal entry is and walk me through a simple example.

What they are checking: Whether they have the accounting basics needed to prepare entries during the internship.

What is an account reconciliation, and why does it matter?

What they are checking: Whether they understand reconciliations, a core task the posting describes for this internship.

What do you know about how insurance or annuity products show up in a company's financials?

What they are checking: Whether they have curiosity about insurance accounting, even at a basic level.

How comfortable are you with Excel? Tell me about something you built with it.

What they are checking: Whether they have the spreadsheet skills that accounting work depends on every day.

Practice this interview out loud.

Offer builds a real interview for this exact role at Northwestern Mutual from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

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The full job description

As published by Northwestern Mutual.

This is a year-long internship. Internship candidates can expect part-time during the school year starting in fall 2026 and full-time onsite internship program during the summer 2027. Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more! Accounting Internship As an Accounting Intern, you will work alongside your hiring manager, mentor, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions. See below for our current list of internship opportunities available in our departments: • 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. Bring Your Best! What this role needs. Minimum qualifications • Pursuing a Bachelor's degree in Accounting, Finance or related field from an accredited college or university • Cumulative grade point average of 3.0 or higher • Previous work or classroom experience in one or more of the following: Accounting, Finance • Employer immigration sponsorship is not available for this role Preferred skills and proficiencies • Previous Accounting, Finance internship and/or relevant project experience • Effective oral and written communication skills • Demonstrated analytical and problem-solving ability • High degree of self-motivation, passion, and a drive to learn • Ability to balance multiple priorities Next steps We encourage you to apply! Once your application is reviewed, if selected to move forward, our UR team members will reach out for a call, where we will learn more about you and share internship opportunities aligning to your interests and skillsets and share any next steps of our recruiting process. 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 improving the engagement of those who bring their outstanding 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. #LI-hybrid Compensation Range: Pay Range - Start: $16.50 Pay Range - End: $30.00 We believe in fairness and transparency. It’s why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed. Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do. Get started now! Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

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