Northwestern Mutual

  www.northwesternmutual.com
  www.northwesternmutual.com

Northwestern Mutual Reviews

Updated December 15, 2014
Updated December 15, 2014
1,495 Reviews
3.7
1,495 Reviews
Rating Trends

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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
305 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. 2 people found this helpful  

    Hard, Fustrating, Difficult Work - Rewarding, Honest, Proffesional Career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in Palm Beach Gardens, FL
    Current Employee - Financial Representative in Palm Beach Gardens, FL

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

    Pros

    The ability to grow a career, and build a business. The ability to truly help people. The influence and respect that is earned within the community overtime. Residual Income. Management, Associates, and Corporate are full of great people who want to help you succeed. Knowing that when I retire I will have a pension as a part of my portfolio. The culture and ethics are something to be proud of. The pros go on and on.

    Cons

    Mentally the most demanding work I've ever done. You will constantly face rejection especially when starting your career. I don't care how thick your skin is constant rejection is difficult and it hurts. I work anywhere from 50 to 70 hours a week, like any business the first three years will require you put a lot of work and hours to succeed. Starting this career, know that you will be broke. You may be lucky and start your career like a Rock Star and make a ton of money, however that is usually not the norm and if your in it for the upfront money and not the long game than chances are you will fail. With all that said, this is most rewarding work I've ever done. I will retire with Northwestern Mutual.

    Advice to ManagementAdvice

    Keep doing what your doing.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Best decision I ever made

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

    I have been working at Northwestern Mutual full-time (more than 5 years)

    Pros

    Atmosphere, culture, values, opportunities, just to name a few.

    Cons

    The start up of building a client base is harder than you think it is....worth it though!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Full service financial planning

    • Work/Life Balance
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Potential for high earnings, competitive culture

    Cons

    No base salary, tough to break in to and establish business

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


  5.  

    A lot of upside, and a lot of downside

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

    I have been working at Northwestern Mutual

    Pros

    Great Commission - 50% for interns, 87% for first yr reps
    Flexible - you make your own schedule , but if you don't produce you'll be let go
    No salary cap - make as much as you can sell

    Cons

    No base salary
    Mentally tough position

    Advice to ManagementAdvice

    Management should give reps first starting out a salary, just like the give interns 100$ per week. That would decrease turnover.

    Interns usually do best in this position and I feel its because they had a base salary starting out

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    If you can network, its a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Financial Representative in Salt Lake City, UT
    Current Employee - Financial Representative in Salt Lake City, UT

    I have been working at Northwestern Mutual

    Pros

    Good pay once you build a clientelle. They have a great internship program, provide training pay your licensing fees, and pay you to do it. Very helpful staff to get you into the market.

    Cons

    When you start to sell, you start at zero. Absolutely no clients. When you do find clients, and need help to sell to them, whoever helps you will take a cut of the sale and do most of the work.

  7.  

    Very rewarding. I'm able to make a positive impact on my clients lives by preparing a strong financial plan.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in Oklahoma City, OK
    Current Employee - Financial Services Representative in Oklahoma City, OK

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

    Pros

    Unlimited earning potential; you're your own boss; you are paid your worth, not just how long you've been there; you make your own schedule.

    Cons

    Only downside, Ive seen people fall victim to the flexible schedule and make no money.

    Recommends
    Positive Outlook
  8.  

    I had a great experience interning as a financial representative.

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

    I worked at Northwestern Mutual as an intern (less than an year)

    Pros

    Great people, good interpersonal business experience

    Cons

    Slow start to earning a consistent income

    Advice to ManagementAdvice

    Great mentors, should focus on developing young employees phone communication skills

    Recommends
    Positive Outlook
  9.  

    Career

    • 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

    Pros

    Top Rated Financial Planning Company

    Cons

    Development of career agents needs improvement

    Advice to ManagementAdvice

    Increase engagement

    Recommends
    Positive Outlook
  10.  

    One of the best insurance companies in the business

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

    I worked at Northwestern Mutual

    Pros

    Unlimited earning potential with an autonomous work environment.

    Cons

    Little to no lead generation or marketing support to grow business. Takes 5+ years for an average person to grow a sustainable book of business.

  11.  

    Hard work, rewarding experience

    • 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

    Requires good work ethic, will build it if you dont have it.

    Cons

    Self motivated. Sometimes feels isolated.

    Recommends
    Positive Outlook
    Approves of CEO

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