Northwestern Mutual Reviews

Updated September 4, 2015
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3.6
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Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
343 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

1,472 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (4)

    Amazing company with great products to believe in.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Poughkeepsie, NY
    Current Employee - Financial Representative in Poughkeepsie, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Products are great. They pay for training and all initial licensing. They have an assistance program to get you on your feet while you building your practice. Great mentoring program.

    Cons

    100% commission. A great target warm market to have is families just starting out. If you don't have the people to call and the persistence to prospect you will not get very far.


  2. Director of Recruiting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director of Recruiting in Nashville, TN
    Current Employee - Director of Recruiting in Nashville, TN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 3 years)

    Pros

    Freedom and flexibility. Autonomy to create goals and activity to reach them. Great, professional environment. Friends are close by and support each other.

    Cons

    Limited training for recruiters. Most training comes from Managing Director. Accountability comes from Managing Director.


  3. Helpful (1)

    Assistant Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Director in Milwaukee, WI
    Current Employee - Assistant Director in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual (More than 10 years)

    Pros

    Healthy work/life balance with competitive pay, benefits, and a free lunch program for those in the home office. Advancement opportunities

    Cons

    While not a "con", the company is still improving technologies for the field force and home office. In general, company waits for ideas to become mature before trying them. This includes expanding the remote workforce outside of Southeastern Wisconsin.

    Advice to Management

    Continue to hire tough and consider salary increases to attract diverse candidates to the Milwaukee area. As Northwestern Mutual continues it's path towards national recognition, expand scope of recruiting outside of the region.


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  5. Helpful (1)

    Financial Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Franklin, TN
    Current Employee - Financial Representative in Franklin, TN
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great work environment. It was like a family everyone is positive and out going. You are your own business.

    Cons

    When they say in training this is the hardest thing you will ever do they where right. You have to be willing to put in the work at the beginning.

    Advice to Management

    Keep doing a great job training people as they come in.


  6. Good place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative
    Former Employee - Financial Representative
    Recommends
    Neutral Outlook

    Pros

    The insurance products that they have are very highly rated, which is always good for the clients. There is more than enough insurance training available to hone your skills.

    Cons

    Investment training could be a lot better.

    Advice to Management

    Since everyone is an independent agent make sure they know up-front what the office will charge them every month for parking, supplies and things of that nature.


  7. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Financial Representative in Nashville, TN
    Former Employee - Financial Representative in Nashville, TN
    Recommends
    Approves of CEO

    I worked at Northwestern Mutual (Less than a year)

    Pros

    Great way to sit down, and evaluate your decisions for life. It is also a great way to teach others financial literacy.

    Cons

    There are no cons to the company


  8. Good job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Recommends
    Positive Outlook

    I have been working at Northwestern Mutual (More than 3 years)

    Pros

    Great place to grown and learn the business. Awesome training program and support system. Opportunity to sales outside products from other carriers as well

    Cons

    Very tough the first year. You will aggrevate a lot of your friends and family. You will be doing a lot of cold calling on people you haven't met before


  9. Northwestern Mutual

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Client History Interviewer in Franklin, WI
    Former Employee - Client History Interviewer in Franklin, WI
    Recommends

    Pros

    This place has tons of opportunity for growth and interdepartmental mobility. The benefits are also great, and the home office is beautiful

    Cons

    This is not a general statement of the entire company, but I personally had issues with being micromanaged. Opportunity for movement was often based on politics rather than performance

    Advice to Management

    Contract employees needed to be screened better, properly trained, and contracted for longer periods of time to keep departments effective and efficient.


  10. College Financial Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great for learning how to network and they provide great resources to develop as a professional. They have an internship leadership team that interns can work towards, and they have a fun culture.

    Cons

    It is hard networking with people that you know. The job is not for everyone.

    Advice to Management

    Make the daily job duties more well known during the interview process.


  11. Staff Employee

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tennessee in Nashville, TN
    Current Employee - Tennessee in Nashville, TN
    Recommends
    Positive Outlook

    I have been working at Northwestern Mutual full-time (More than 8 years)

    Pros

    Family atmosphere. Company really cares about what it does for it's clients.

    Cons

    Limited upward growth. Hard to gain new experiences.



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