Northwestern Mutual

www.northwesternmutual.com

Northwestern Mutual Reviews

Updated January 28, 2015
Updated January 28, 2015
1,557 Reviews
3.7
1,557 Reviews
Rating Trends

Recommend to a friend
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
335 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great Experience. Not for everyone.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - College Financial Representative in Traverse City, MI
    Current Employee - College Financial Representative in Traverse City, MI

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

    Pros

    Great environment and culture to work in. Everyone wants to see you succeed and it shows with the way more experienced reps are willing to help you. Best advice to give is do joint-work AS MUCH AS POSSIBLE. Best way to learn early on and start to get a hang of the job. One of the best things I took away from this internship was all the personal finance knowledge you learn for yourself along the way.

    Cons

    Some days are tough. Clients blow off meetings, no one answers their phones, etc. Easy to get discouraged. It's like baseball: even the best reps only bat about .300 when it comes to succeeding. It will start to feel like your friends and family are the only people you can get through to. The great work/life balance is almost a con as well. If you aren't a self-motivated type of person, there may be too much freedom for you. Very easy on those bad days to close up shop and go do something else, because no one will tell you you can't. You literally get what you put into this job.

    Advice to ManagementAdvice

    I have nothing but good things to say about the managers I met and worked for. The only reason I didn't stay with Northwestern was to experience a different kind of internship before I made any career decisions. Class act organization.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good first job

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

    I worked at Northwestern Mutual

    Pros

    Great culture. Good sales training.

    Cons

    Tough if you do not have an established market

    Recommends
    Neutral Outlook
  3.  

    Good Training!

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

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

    Pros

    The training was very helpful and the employees are very supportive!

    Cons

    Save your good leads for when you convert.

    Recommends
    Negative Outlook
    Approves of CEO
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  5.  

    Marketing Intern

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Intern in Denver, CO
    Former Employee - Marketing Intern in Denver, CO

    I worked at Northwestern Mutual

    Pros

    Very hands on management that also allowed autonomy. The interns are given a lot of real tasks and jobs. Worked very closely with the Chief Marketing Officer and Marketing Coordinator. Management was great about checking in with interns to make sure they are satisfied with the work they are doing and promote healthy work/school/life balance. Great people at all levels.

    Cons

    Not many opportunities to stay on (paid) or advance in the marketing department

    Advice to ManagementAdvice

    Keep it up!

    Recommends
  6.  

    Different

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

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

    Pros

    Pays for training, also offers commission on those you sell the insurance to.

    Cons

    They want you to ask friends and family to buy their insurance. Better than cold calling but may ruin relationships.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Best in the industry

    • 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

    Pros

    A company with much integrity and a great company culture

    Cons

    VERY hard to be a sales rep!

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    The company was home to me for many many years.

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

    I worked at Northwestern Mutual full-time (more than 10 years)

    Pros

    Working there was great. The support received from the hone office is unmatched.

    Cons

    Individual leadership. After mandatory retirement for leaders at 65, you sometimes get far inferior leaders that step in.

    Advice to ManagementAdvice

    Recognize loyalty when its there.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    Great learning experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor Intern in Dallas, TX
    Current Employee - Financial Advisor Intern in Dallas, TX

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

    Pros

    -Great work life balance
    -Ability to set your own schedule
    -Opportunity to earn a very high income
    -Most people are willing to help you get ahead

    Cons

    -Commission only
    -There is a bit of a learning curve for people that do not have a whole lot of sales or customer service experience.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Financial Representative

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

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

    Pros

    Create your own hours and schedule, rewarding, strongest company in the industry, fantastic support and learning environment, reps are treated very well, created a simple, repeatable process. As part of the College program I highly recommend it because the experience and knowledge you gain about being a professional and about financial services is invaluable. However, I do not see myself pursuing this career post-graduation.

    Cons

    Commission, no base pay. It is very challenging at beginning of career to build your book of business (no leads are provided, they are all self-generated). In order to create any success, you must call every person you've ever met at the beginning. If this is a problem for you, you will not be able to make it in the first few months. Full time reps very often end up working 40+ hours a week, you definitely don't leave work at work, it comes home with you.

    Advice to ManagementAdvice

    Base pay would be very helpful.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Financial Representative

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Good working environment, friendly people

    Cons

    Commission based, some times have to work weekends

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