National Sales Intern, Vestwell
10 Week Internship
$25 USD per hour + Performance-Based Bonus
Office located in Manhattan, NY
Digital recordkeeping platform for 401(k) plans
Open for applications
Digital recordkeeping platform for 401(k) plans
201-500 employees
Open for applications
$25 USD per hour + Performance-Based Bonus
Office located in Manhattan, NY
201-500 employees
Company mission
To make managing retirement investments cheaper, simpler and safer.
Role
Who you are
- A final-year student or recent graduate (including boot camps and or other related programs)
- Based in New York City and can report to Vestwell’s NYC HQ, in a hybrid capacity
- Available for the entire 10 week program: June 2 - August 8, 2025
- Eager to learn and work with various departments in the company
- Excellent verbal and written communication skills
- Proficiency in Google Suite and or Microsoft Office
- Ability to multitask
- Cope well under pressure
- Professionalism
What the job involves
- Our Business teams are each hiring an intern to participate in an 10-week intensive summer internship program from June 2 - August 8, 2025
- The goal of Vestwell’s internship program is to provide the insights, tools, and training to empower participants to identify and advocate for what they view as the greatest opportunities for our teams to fulfill the company’s mission
- As an intern at Vestwell, you will have the opportunity to learn about the company and all aspects of our industry and business across various departments
- You will work closely with stakeholders across our extremely collaborative, cross-functional teams to conduct research, capture data, and attend meetings where you will be asked to participate in projects that will help prepare you to tackle business challenges here and in your future career
- To help set you up for success and ensure opportunities for continuous growth, you will have an assigned manager and dedicated mentor to help guide you through your internship with regularly scheduled check-ins and feedback sessions
- As part of our dynamic National Sales team, you will have the opportunity to immerse yourself in a fast-paced, technology-driven environment where your hard work and ambition can thrive
- As a National Sales Intern at Vestwell, you will play a vital role in supporting our sales channels and strategic distribution partnerships
- This internship offers hands-on experience in outbound selling activities, allowing you to gain valuable insights into the fundamentals of sales within a high-growth fintech organization
- You will work on the front lines of our Sales Org, learning firsthand about the unique dynamics of the financial services industry as well as Vestwell’s innovative value proposition
- Prospect and qualify leads through cold calling, emailing, and networking
- Schedule and coordinate meetings and demos for the sales team
- Provide regular updates on sales activities, progress, and challenges
- Execute on trainings (Vestwell You, RPF)
- Make calls, achieve meeting set goals
- Partner with Sales Leadership to establish project that will enable the SDR team to be more effective
- 30 hours per week
Application process
- It starts the same for every candidate: getting to know the team members through 1 - 2 conversations about Vestwell, your experience, and your interests
- Next steps can vary by role, but the usual next steps are a skill or experience screen (e.g. a coding interview for an Engineer, a portfolio review for a Designer, deeper experience call for other roles) which leads to a virtual or in-person interview panel after that if the screens go well
- Before making an offer, our interview process concludes with a references check stage for your recruiter to meet with a current or former supervisor and peer
- We prioritize transparency and lack of surprise throughout the process
Our take
The current landscape of 401(k) retirement plans is stagnant in comparison to the standards of financial software innovation. Vestwell offers a digital record-keeping platform that works directly with wealth management firms to help workplaces save money on their employee retirement plans. Vestwell does this by removing the friction points financial advisors and companies have in establishing and maintaining defined contribution and benefit programs.
The startup faces competition from legacy players such as Boston-based Fidelity Investments who currently keep track of almost $2 trillion in assets in the industry. Furthermore, Empower also focuses on advisor-friendly and customized web tools and functionality, presenting further competition to Vestwell.
Despite this, Vestwell is uniquely positioned to disrupt the stagnant 401(k) system, a stance only strengthened by its substantial rounds of funding through the 2020s. This has been invested into expanding platform functionality and servicing for its partners and clients, releasing two new products in September 2022 - Vestwell Flex and a TPA portal. These additions will make Third Party Administration partnerships more efficient for Vestwell customers, streamlining the recordkeeping systems necessary for such actions. Continued product updates like these will help Vestwell keep pace with its substantial competition.
Steph
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2023
$125m
SERIES D
Jul 2021
$70m
SERIES C
Total funding: $237.5m
Company benefits
- We’re a growth stage startup with lots of exciting milestones ahead
- We value health and wellness at Vestwell and in addition to a dedicated Employee Wellbeing Committee, we offer competitive health coverage and an open vacation policy
- We have adopted a remote-hybrid office policy, but all employees are welcome at our bright, comfortable office with many workspace options in midtown Manhattan so everyone has a setting that is the most productive for them
- We provide our team with all the equipment they need (plus a few perks!) to work effectively remotely. Oh, and naturally we have a great 401(k) plan!
Company HQ
Garment District, New York, NY
Leadership
Aaron Schumm
(CEO)Studied Finance at GIES College of Business and then received an MBA from Duke. Head Equity Research at financial advisory firm Dillon Scott Securities, Product Manager at Fiserv, VP of Product Marketing at Citi.
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