Northwestern Mutual

  www.northwesternmutual.com
  www.northwesternmutual.com

Northwestern Mutual Reviews

Updated December 17, 2014
Updated December 17, 2014
1,499 Reviews
3.7
1,499 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
307 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.  

    Intense Financial Sales

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Very high income potential. Competitive Sales environment with solid bonus structure

    Cons

    No base salary, low retention rate for first year reps

    Advice to ManagementAdvice

    More training and support

    Positive Outlook
    No opinion of CEO
  2.  

    great company!

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

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

    Pros

    A top internship program in the nation. Very good training! Supervisors are responsible and helpful. Flexible hours but you don't slack off because everyone else works so hard here.

    Cons

    Too much focus on sales. I didn't actually get to learn a lot other than sales techniques. You don't make a lot of money if your sales numbers are bad.

    Advice to ManagementAdvice

    Keep up the good work. Bring more CFAs, CFPs and MBAs who have had experience in the finance/investment realms into the firm.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    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

    Pros

    Great company where you get out what you put in! wonderful atmosphere and great poeple workign beside you.

    Cons

    High expectations right off the back, really high standards

    Recommends
    Approves of CEO
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  5.  

    Fantastic

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

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

    Pros

    Great leadership, good work-life balance, tons of help.

    Cons

    Only paid on commission. Could be more engaging.

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    excellent learning experience

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

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

    Pros

    good support from veteran agents, management

    Cons

    chance of making no money

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Fantastic learning experience but definitely a sales role with a majority of the business left to you.

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

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

    Pros

    Low expenses allow a high commission rate for insurance products.
    Fantastic, industry leading training program.
    Some of the best life, disability, and long term care insurance products on the market due to low expenses leaving leftover for dividend payouts.

    Cons

    Management style is very hands off, which can be a pro, but was not for me as a recent college graduate without the discipline to run my own business.
    Client generation is entirely up to the rep.
    All expenses are up to the rep. This warps the reality of income as you could easily spend tens of thousands of dollars a year on client meeting based expenses.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Great Summer Experience

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

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

    Pros

    Was a great place to work for. The people were friendly and they trained you well.

    Cons

    The job is commission based so if this is what you like go for. It wasn't for me.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Great first internship experience

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

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

    Pros

    Lots of team building, independent work, and mentorship. Great internship program with lots of opportunities to learn new skills and grow individually.

    Cons

    Paid on commission, a lot of work for little compensation. Can be very difficult to build connections if you're not from the area.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great summer experience

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Tampa, FL
    Former Employee - Financial Representative in Tampa, FL

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

    Pros

    Staff wants to see you succeed. They will go on meetings with you and give you pointers on how to improve and what to say to prospects. Pretty well organized internship

    Cons

    Compensation based on commission mainly, will be difficult to earn revenue in early years. Need to find your niche market or this will be frustrating

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    NWML

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Temp in Madison, WI
    Current Employee - Temp in Madison, WI

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

    Pros

    The hours are flexible and allow for a great Work life Balance. the employees are nice, friendly and are always there to help out if its needed.

    Cons

    there are no cons that I can think of for NWML.. Leader ship is great, excellent Work life balance and office culture is wonderful

    Recommends
    Positive Outlook
    Approves of CEO

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