Northwestern Mutual

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

 

Everyone is extremely friends and helpful with the client always first in mind

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

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

Pros

home office provides training and support for each staff and rep

Cons

each network agency is depending on their own management

Recommends
Positive Outlook
Approves of CEO

1566 Other Employee Reviews for Northwestern Mutual (View Most Recent)

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  1.  

    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
  2. 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 a 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
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