Northwestern Mutual

  www.northwesternmutual.com
  www.northwesternmutual.com
There are newer employer reviews for Northwestern Mutual

 

I had a great experience as an Intern.

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

I have been working at Northwestern Mutual as an intern

Pros

great for interns to begin a financial career

Cons

Selling to family and friends

Recommends
Positive Outlook
Approves of CEO

1414 Other Employee Reviews for Northwestern Mutual (View Most Recent)

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  1. 1 person found this helpful  

    No Starting Salary, Very Misleading

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative in King of Prussia, PA
    Current Employee - Sales Representative in King of Prussia, PA

    I have been working at Northwestern Mutual full-time (less than an year)

    Pros

    If you have a good network of people to sell insurance to, you may succeed, and there is potential to make a good living 10 years down the road.
    Fun environment when in the office
    Good training program which teaches how to sell utilizing tons of role play.

    Cons

    Very long work days
    No starting salary. Commission only (They give you $4K after you complete certain tasks and training to hold you over until you start making commissions, but you will find it is very difficult to close the sales with people in a timely manner)
    Have to sell insurance to friends and family or you will not succeed
    You have to utilize your own network to sell to and build upon it by constantly asking/prodding people for references
    Have to pay for all your own travel expenses, which add up very quickly because you will be driving to and from meetings 80% of your day plus paying for meals for you and potential clients
    I was told I would be working with investments, but all I do is sell insurance. After a while you begin to sell some investment vehicles, but this job runs solely on your ability to sell Life and Disability insurance products, especially for the first 3-5 years.
    High turnover rate leads to people leaving within there first month very often
    Most people will not succeed here

    Advice to ManagementAdvice

    Have a starting salary and just lower the commission rate. This will keep a lot of people around longer. More emphasis on training people with knowledge of the products they sell. And again, give people a starting salary.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Great Company, Tough Start up career

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual

    Pros

    If you can handle calling random people you will do well.

    Cons

    You have to deal with lots of rejection

There are newer employer reviews for Northwestern Mutual

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