Northwestern Mutual announced today a new recruiting effort targeted to veterans. It includes an increased presence at military veteran career fairs and online resources for veterans looking to make a career transition atÂ www.Northwesternmutual.com/military.Â The new initiative leverages locally based training programs and continuing education opportunities.
According to the Bureau of Labor Statistics, the most recent wave of veterans (categorized as Gulf war-era II, who served from September 2001Â through now) face a 10% unemployment rate versus the national average for non-veterans at 7.2% (as of September 2013).
However, Northwestern Mutual has found that many vets facing this difficult employment environment see a compelling and desirable option in pursuing a career as a financial representative.
“Former soldiers are finding their skills highly transferrable to careers as financial representatives,” saidÂ Steve Mannebach, vice president — field growth and development at Northwestern Mutual. “And given their strong leadership qualities, discipline, motivation and desire to help others, we have seen that military veterans are exceptional candidates.”
Northwestern Mutual provides veterans with the opportunity to lead a practice and fill an important role–helping people and their families achieve financial security. They also have the opportunity to be an entrepreneur, while continuing to serve and help people.
“The independence, flexibility and opportunity to really take control of your career are tremendous motivating factors to becoming a successful financial representative,” saidÂ Mark Perrault, U.S. Air Force veteran and Northwestern Mutual financial representative fromÂ Colorado Springs, CO.
Robert Nuno, U.S. Army veteran and Northwestern Mutual wealth management advisor fromÂ Coral Gables, FL, added, “With this career, I am self-employed in the service of others while having the flexibility and ability to be well compensated for something I am passionate about.”
Northwestern Mutual expects that 75% of newly recruited financial representatives will be professionals seeking a career change — a group that often falls in the same age range as military veterans looking for a career path after leaving the service.
“We have seen a strong, nationwide demand for Northwestern Mutual’s holistic planning approach,” says Mannebach. “Motivated, passionate individuals will find that now is the perfect time to look into a career in the world of financial planning.”
Military veterans can learn more about a financial representative career by also contacting a nearby Northwestern Mutual office. VisitÂ http://www.northwesternmutual.com/find-an-office.aspx to find a local office.