Northwestern Mutual Reviews

Updated July 1, 2015
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
141 Ratings

Pros
  • Unlimited income potential and overall good company (in 56 reviews)

  • Unlimited earning potential, full autonomy with work (in 39 reviews)

Cons
  • You first must meet with people in your initial network whether it be friends and family in order to gain new business or referrals (in 119 reviews)

  • They offer you no base salary and give you minimums to hit (in 46 reviews)

More Pros and Cons

484 Employee Reviews

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  1. Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Milwaukee, WI
    Current Employee - Anonymous Employee in Milwaukee, WI

    I have been working at Northwestern Mutual

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture and place for opportunity and growth!

    Cons

    Sometimes the pace can be slow but they are diligent in doing what's best for the policy owner


  2. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Northwestern Mutual as an intern

    Pros

    Great company with amazing culture. People really want you to be successful and are willing to help. The people are also very fun and passionate.

    Cons

    Not much pay if you are not producing much. You can end up with a lot of red time if you do not have a lot of business.


  3. One of the most admired companies.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Northwestern Mutual full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Northwestern Mutual is an easy going company, you are able to make your own hours and more or less be your own boss.

    Cons

    It does require a good deal of work to be successful and if you do not produce you will be let go, as with everywhere

    Advice to Management

    More assistance


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Internship

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Northwestern Mutual as an intern

    Pros

    The internship offers great training, expertise, and a good learning foundation for the insurance industry.

    Cons

    While the training and inspiration is in place, clientele building can be tough or slow at times. But that comes with any sort of commission based job.


  6. Corporate strategy intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent work environment. Very friendly staff and free food is certainly a plus. Good pay as well for an intern

    Cons

    Not a very stable training program. Very learn on your own type environment. Worth applying despite the cons

    Advice to Management

    Keep the great intern program going. Lunch meetings with upper management is very effective for training young workers


  7. Helpful (5)

    Financial Representative

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

    I worked at Northwestern Mutual

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    High integrity company that puts policy holders first and is in business to pay out claims. Offers the opportunity to build a financial practice with industry leading insurance products and is a top contender in the investment world as well. Flexible hours as you set your own schedule. 3 weeks of training, they paid for the hotel and food. This was a very exciting environment to work is, as it is sales and there were many like minded individuals in the office.

    Cons

    There is no base salary, commission only. I don't see this as a negative necessarily, but it was very challenging for me personally because I did not have a strong financial foundation in place when I started. If considering a career here, save up about 3 months of expenses prior to start date to take some pressure off of yourself.

    Advice to Management

    My management went above and beyond to help me be successful.


  8. Great Company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual

    Pros

    I had a lot of fun

    Cons

    It was difficult finding clients


  9. Excellent Internship Experience

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

    I worked at Northwestern Mutual as a contractor (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Prepares interns for life after college in a way that few internships do.
    Commission-based pay gives great opportunities to sales-minded individuals.
    You get the opportunity to seriously impact lives for the better.

    Cons

    Significant time and energy commitment.
    Not suited for everyone. If you do not think you could ever feel comfortable calling and advising people you have not previously spoken to, this is not for you.

    Advice to Management

    No advice, they really know what they are doing.


  10. Helpful (1)

    Campus Recruiter

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Campus Recruiter in Downers Grove, IL
    Current Employee - Campus Recruiter in Downers Grove, IL

    I have been working at Northwestern Mutual full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I have absolutely loved my time working for Northwestern Mutual. I work for one of the larger agencies in Illinois, and it has truly been a joy. They are constantly training and developing employees, and I work for a team that truly cares about my success and wants me to go far in life. Northwestern Mutual has more of a family atmosphere for me than a work atmosphere. Anytime I meet an employee from around the country it is like we have known each other for years. It's nice to have a large network around the United States that you can learn from.

    Cons

    It is a mostly male dominate industry, but with a lot of training, we hope to grow and learn as we recruit and lead women into the financial services industry.


  11. Helpful (2)

    Financial Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Jacksonville, FL
    Current Employee - Financial Representative in Jacksonville, FL

    I have been working at Northwestern Mutual part-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Integrity, Longevity, Good Reputation, No Bailout, Retains 96% of clients, positive outlook, training, structure, support, pension

    Cons

    No salary - straight commission

    Advice to Management

    Add Salary



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