Northwestern Mutual

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Northwestern Mutual Jobs & Careers

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8 days ago

Financial Advisor/Representative

Northwestern Mutual Washington, DC

A Career with a Purpose: The Financial Advisor/Financial Representative Job Board


21 days ago

Financial Advisor/Financial Representative

Northwestern Mutual Downers Grove, IL

Youll have the unique opportunity to create your own destiny and potentially have a life-long impact on the lives of your clients, families and your… Jobvertise


14 days ago

Financial Advisor/Financial Representative Opportunity

Northwestern Mutual Downers Grove, IL

Youll have the unique opportunity to create your own destiny and potentially have a life-long impact on the lives of your clients, families and your… www.activehire.com


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Northwestern Mutual Reviews

1,561 Reviews
3.7
1,561 Reviews
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
337 Ratings
  •  

    Basically 100% Commission

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Akron, OH
    Former Employee - Financial Representative in Akron, OH

    I worked at Northwestern Mutual

    Pros

    Good Sales Training Program and plenty of free marketing materials. They spend plenty of time making sure you learn "the script" of what to say to prospective clients. They use a proven method in the one card system. Staff is very friendly and encouraging.

    Cons

    You will need to sell from day one to pay your bills. Unlike most sales jobs the compensation comes in the form of stipend typically a couple hundred dollars if that. This puts immense pressure on you from the start to sell or sink. No transition period. In addition, the commission rates are very low for the industry which compounds the problem. Finally, the basis of your 'business' will be selling to your family and friends which can be very awkward when reciting a script.

    Advice to ManagementAdvice

    Help your young professionals learn and grow by providing them the means to live. The stipends do not even cover the price of driving all these places trying to sell. The sales training is great by take it a step further by adapting it to different situations instead of the blanket approach. Finally, don't nickel and dime young professionals starting out by charging them excessive fees for business cards, testing materials, etc. Let them start with the advantage of your experience rather then just using them to fill your wallet.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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