Northwestern Mutual

  www.northwesternmutual.com
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Northwestern Mutual Reviews

Updated August 18, 2014
Updated August 18, 2014
1,283 Reviews

3.7
1,283 Reviews
Rating Trends

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

Review Highlights

Pros
  • If you are one of the few that make it (5%), there is unlimited income potential (in 54 reviews)

  • Unlimited earning potential, full autonomy with work (in 36 reviews)


Cons
  • Will have to sell life insurance to friends and family which could be awkward for some (in 107 reviews)

  • No base salary, commission based work is one of challenge for me (in 40 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Financial Representative

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

    Pros

    I guess the compensation is good if you make a few sales. If you make a few sales, depending on whether your an intern or a solid financial rep., the money you rake in could be pretty substantial.

    Cons

    They are very unrealistic and cutthroat. In order to be successful at this job, you must be extremely aggressive and not care about offending friends. They FORCE you to try to sell things to your friends and family.

    Advice to ManagementAdvice

    Be a little more realistic. Not everyone has a list of 200 friends they can call every, single.week.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Financial Representative

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

    Pros

    Can make as much money as you want

    Cons

    No base salary ups and downs

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great; but not for everybody

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

    Pros

    great commission & opportunity. Lots of resources available. Many coworkers are also very excited and enthused about the job. Opportunity for lots of networking

    Cons

    The training was a little scattered. You also are required to sell right away & they expect you to sell to all of your family & friends. It seems as thought they should have a better referral or client acquisition program; such as using orphans.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Nice company culture, but demanding job and confusing set up.

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

    Pros

    Nice company culture. People are nice to you and want you to do well. There is a good opportunity for you to earn a lot of money if you are good at the job.

    Cons

    You pay for everything yourself because they consider you your own business. The job is commission based pay. You have to pay money back if a case gets canceled within 13 months, which can be a stressful thought.

    Advice to ManagementAdvice

    Work closely with newer people so they understand how things are supposed to work. Don't rely so heavily on new people learning from experience, because it leaves too much room for mistakes, which are costly for the workers.

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

    ok but could be better

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    great training program but no support after

    Cons

    management was okay. learned nothing while i was there

  7.  

    Great place to get feet wet

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Training is hands on, detailed and quality associates to approach

    Cons

    Assistance with technology and procedures. Teach yourself environment

  8.  

    You get what you put in

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Financial Representative Intern
    Current Employee - Financial Representative Intern

    Pros

    Great training, twice a week that will help keep you up to date on current information. Good support system that will help keep you accountable for your goals. Flexible day, its all based on how you set it.

    Cons

    Commission based + $100 a week stipend. Totally based on the people you know and network with. Slow start, takes more than a few months to build your practice.

    Advice to ManagementAdvice

    Reimburse for required trips. Many college age interns can't afford to drive to work and meetings and then conferences on $100 a week.

    No opinion of CEO
  9.  

    Northwestern Mutual has a positive environment but is tough at first.

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

    Pros

    you make your own schedule

    Cons

    cold calling is something that everyone has to do

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Being a "Business Owner" is not all it's cracked up to be

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

    Pros

    Able to control individual schedule by setting all meetings personally. Generally a great group of guys to work with. Fosters positivity.

    Cons

    Do not really explain how the business works until it is too late. Cold-Calling becomes a major part of the job description. Not a "Finance" role even if it is advertised as one. Getting caught up in the hoopla of the positives of the job distract from the significant disadvantages. Can feel like you are preying on family/friends/older people to make money for yourself on behalf of the company. The commissions based system is incredibly difficult to succeed in.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Good company for an entry-level job, but nowhere to grow.

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

    Pros

    Very stable company with nice people.

    Cons

    As a staff member, almost no room to grow, doesn't offer competitive salary or benefits.

    Advice to ManagementAdvice

    Pay your staff more and provide career advancement opportunities, so talented people stay!

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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