Northwestern Mutual Reviews

Updated April 27, 2015
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3.7
1,729 Reviews
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Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
398 Ratings

Pros
  • Unlimited income potential, office culture, ten week program (test drive the industry) (in 56 reviews)

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

Cons
  • Will have to sell life insurance to friends and family which could be awkward for some (in 119 reviews)

  • There is no base salary so getting started is very difficult (in 46 reviews)

More Pros and Cons

Employee Reviews

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  1. Amazing Preparation

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

    I worked at Northwestern Mutual as an intern (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great income, and education of client relationship building

    Cons

    Very tough industry for quiet or timid individuals. Must be entrepreneurial and a self starter.

  2. Financial Rep 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 part-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great atmosphere to work in. Choose your own hours to work. Build your own business.

    Cons

    cold calling and prospecting. It is totally commision based and have to be able to deal with frequent denial.

    Advice to Management

    There should be more workshops/ help with developing your own business. Be better in selecting candidates for job positions.

  3. Compliance

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

    I worked at Northwestern Mutual full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great place to work with great benefits. Free lunch.

    Cons

    Hard to move up.

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


  5. Great company to work for

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

    I worked at Northwestern Mutual

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Company atmosphere, Work/life balance, Great opportunity to succeed

    Cons

    Can be long hours, but hard work pays off

  6. College Rep

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Northwestern Mutual as an intern

    Pros

    You learn a lot about the industry from classes they give,
    Fair compensation
    All employees are welcoming and willing to help out

    Cons

    You make 100 dollars a week for 10 weeks then the rest of your pay is compensation based.
    Have to have the personality to be a sales person.

    Advice to Management

    I would keep on doing the same thing training wise.
    I would also keep the same format with having the interns working and having the full time professionals there if the interns need help

  7. Great opportunity

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

    I worked at Northwestern Mutual full-time (Less than a year)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Very supportive and lively environment. Extremely positive group of people. There is always someone there to motivate you if you need it.

    Cons

    Income is entirely commission. Sell to friends and family and get referrals from them. The company does not provide any leads. Training is a brief three weeks.

    Advice to Management

    Consider base salary for first 6 months and more extensive training.

  8. Great Company

    • 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 full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Fulfilling, important work that changes peoples lives

    Cons

    really hard and stressful, not for the faint of heart

  9. Associate Financial Rep

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

    I worked at Northwestern Mutual (More than 5 years)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Great schedule flexibility, competitive commission structure

    Cons

    Weak benefit program, completely based on commission, lack of training

  10. Fulfilling work for a great company

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

    I have been working at Northwestern Mutual as an intern (More than a year)

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

    Pros

    Incredible potential to make money.
    Flexibility of schedule.
    Great mentoring and leadership.

    Cons

    Can be tough to get the proverbial business ball rolling .

    Advice to Management

    Be there for new reps to make sure they keep their eye on the prize through motivational and team building practices.

  11. Financial Representative

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Northwestern Mutual as an intern

    Pros

    Flexible work hours, great attitudes within the company, helping people.

    Cons

    Commissions only, hard to maintain a strong market and presence, not for everybody.

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