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Northwestern Mutual

Sells life insurance and financial advice

Application Development Intern

Winter 2026
No salary listed
Internship
Bachelor's, Master's
Milwaukee, WI, USA
In Person
Software Engineering
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • Actively pursue a Bachelor's or Master's degree in Computer Science, Computer Engineering, Management Information Systems, or a related field.
  • Maintain a cumulative grade point average of 3.0 or higher.
  • Complete at least 6–9 credits in Computer Science or Management Information Systems courses.
  • Have previous work or classroom experience with Java, C++, PL/SQL, VB.NET, CSS, PHP, JavaScript, HTML, or database development using Oracle, Microsoft SQL Server, or MySQL.
  • Possess general database knowledge, basic SQL skills, and object-oriented design skills.
  • Be able to troubleshoot network, software, and hardware issues.
  • Have excellent verbal and written communication, analytical and problem-solving, time management, and customer service skills.
Responsibilities
  • Provide day-to-day support, including problem resolution, metrics reporting, documentation, project assistance, and participation in team meetings.
  • Code, test, and implement complex programs from user specifications.
  • Assist with developing appropriate program and system documentation.
  • Support and troubleshoot production systems to optimize performance, resolve production problems, and provide timely follow-up.
  • Provide support to the team on process improvement projects.
Desired Qualifications
  • Knowledge of SharePoint administration.

About the company

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Northwestern Mutual

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Northwestern Mutual sells life, disability income and long-term care insurance together with investment advice and wealth management to American families and business owners. It is owned by its policyholders rather than shareholders and has paid them dividends for more than 150 consecutive years. Its financial representatives build a full financial plan for each client and then sell the policies, brokerage accounts and managed portfolios that carry it out. The company earns money from insurance premiums, advisory fees and returns on a large bond and mortgage portfolio. It was founded in 1857 in Janesville, Wisconsin, and moved two years later to Milwaukee, where it is based.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Milwaukee, WI

Founded

1857

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Simplify's Take

What believers are saying

  • The business is earning more: 2025 revenue rose 8.2% to $41.2 billion and operating gain topped $10 billion.
  • It is moving upmarket: Family Office Services, launched September 2026, serves $50 million-plus households with 40+ specialists.
  • Advisor careers are easy to start: it reported a record 3,400+ financial representative recruits in February 2026.

What critics are saying

  • Advisor recruits are not employees: its financial representatives work as independent contractors, a status courts have upheld.
  • Its workplace faces a federal DEI probe: a judge ordered diversity data handed to the EEOC in July 2026.
  • Profits ride on markets: the company credited 2025 record results mainly to extraordinary investment performance.

What makes Northwestern Mutual unique

  • Northwestern Mutual sells more individual life and disability income insurance directly than any US rival.
  • Its balance sheet is rated top-tier: 2026 marks 35 straight years with the highest grades from all four agencies.
  • It doubles as a major brokerage: it has ranked among the top 10 independent broker-dealers for over a decade.

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Benefits

  • Growing your Career
  • Compensation & Time Off
  • Insurance plans
  • Health Savings Account
  • Wellness programs & resources
  • 401(k) plan and cash balance contributions

Company News

PR Newswire
Oct 27th, 2026
Northwestern Mutual to pay record $10.4B dividend in 2027, up $1B on 2026

Northwestern Mutual expects to pay a record $10.4 billion in dividends to policyowners in 2027, the largest payout in its history. The figure is more than $1 billion above 2026 and marks the 156th straight year the company has paid dividends. The annual payout has grown over 50%, or about $3.5 billion, since 2023. Whole Life Insurance policyowners will receive about $8.9 billion, or roughly 85%, while non-life products will get about $1.2 billion. The company, a mutual insurer owned by its policyowners rather than shareholders, returns roughly 90% of its operating gains through dividends. Nearly 97% of policyowners keep their policies each year. "For generations, Northwestern Mutual has shared its success with policyowners, not shareholders," said Tim Gerend, chairman, president, and chief executive officer. Dividends are not guaranteed.

PR Newswire
Oct 5th, 2026
83% of Boomers want to age at home as annual care costs set to hit $500K by 2058

More than 80% of Americans aged 57 and older want to receive long-term care at home if needed, but most families haven't planned financially for it, according to Northwestern Mutual's 2026 Planning & Progress Study. The research surveyed 4,375 US adults. Sixty-one per cent of Americans expect to need long-term care eventually, yet 54% haven't prepared financially. The situation affects younger generations too: 67% of Gen Z and 66% of millennials anticipate providing care for loved ones, but 60% haven't planned for associated costs. Current caregivers already feel the strain. Among the 39% providing or having provided care, 69% took financial actions like reducing spending or tapping savings. Some worked longer hours or took on debt. Northwestern Mutual's analysis suggests that if current cost trends continue, annual expenses for eight-hour daily home care could exceed $500,000 by 2058.

PR Newswire
Sep 22nd, 2026
Northwestern Mutual's childhood cancer giving reaches $75M with new hospital support programme

Northwestern Mutual's Foundation has reached $75 million in total donations to advance childhood cancer treatments and cures since 2012. The company announced a new $100,000 investment for Children's Wisconsin MACC Fund Center in Milwaukee, with more hospitals to be named in 2027. The funding will support families facing financial challenges and expand professional development for hospital staff. It also includes the inaugural Northwestern Mutual Childhood Cancer Healthcare Hero Award, presented to nurse Katy Tomlinson. During September's Childhood Cancer Awareness Month, Northwestern Mutual is donating $100 to Alex's Lemonade Stand Foundation for each new financial plan delivered, up to $2 million. The company's partnership with the Milwaukee Brewers has raised over half a million dollars for childhood cancer research. Since 2012, the Foundation has funded more than 860,000 hours of research and supported over 370 students through scholarships.

PR Newswire
Aug 12th, 2026
Northwestern Mutual CEO Tim Gerend ranks 7th in Glassdoor's best CEOs list

Northwestern Mutual's chief executive officer Tim Gerend has been named the seventh highest-rated CEO in America by Glassdoor. The recognition is based entirely on anonymous feedback from employees and financial advisors who rated their approval of how Gerend leads the company. Gerend became chairman, president and CEO in 2025. Under his leadership, Northwestern Mutual recently announced record business performance, including new highs for revenue, surplus position and annual dividends paid to policyowners. The company serves more than five million clients and holds $2.5 trillion worth of life insurance protection in force. It manages more than $450 billion in client assets through its retail investments business, ranking among the top five independent broker-dealers in the US.

PR Newswire
Aug 3rd, 2026
Gen Z and millennials delay life milestones as 72% postpone major goals due to financial pressures

Financial pressures are forcing many young Americans to postpone or abandon major life milestones, according to Northwestern Mutual's 2026 Planning & Progress Study. Nearly three in four Gen Z adults and more than half of Millennials have delayed at least one significant milestone due to financial challenges. The impact is particularly acute for homeownership and family planning. Thirty-one per cent of Gen Z respondents have postponed buying a house, whilst 24% have delayed having children. Among those who have become parents, over 70% spend as much or more on their children monthly as they do on housing. Artificial intelligence is adding to concerns, with 46% of Gen Z and 32% of Millennials pessimistic about its impact on their careers. Despite these challenges, younger generations are responding proactively. Gen Z and Millennials started saving for retirement at ages 22 and 28 respectively, years earlier than previous generations, and seek professional financial guidance at higher rates.