Northwestern Mutual

  www.northwesternmutual.com
  www.northwesternmutual.com
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Northwestern Mutual Reviews

Updated September 12, 2014
Updated September 12, 2014
1,314 Reviews
3.7
1,314 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
216 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 - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual

    Pros

    Excellent training program. Provide all the necessities to passing the LAH exam. Great way to force yourself to establish your own mindset of running a business. Learned discipline, and how to be self-sufficient.

    Cons

    Very difficult to get your foot in the game at a young age. Was 19 when I started the internship, and having to sell insurance to people 20-30 years older than myself was a challenge. When entering you are basically asked to sell to your friends whom also at my age do not necessarily need insurance.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Not sure how they stay around

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

    I worked at Northwestern Mutual full-time

    Pros

    Pretty much set your own schedule and can come and go as you please.

    Cons

    Extremely high turnover which would concern some companies, but Northwestern seems to encourage it as the managers inherit the clients & accounts from the reps that leave. Expect to call your friends & family. Every office is different so some managers may be very focused on development & training and others could care less. You won't know until your in there what you're getting.

    Advice to ManagementAdvice

    Care about losing employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Good place to start but not long term

    • 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 for less than a year

    Pros

    Quiet work environment, nice people, benefits offered, multiple locations, good place to start

    Cons

    Low salary, long hours, boring, no room for advancement, overwhelming workload

    No opinion of CEO
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  5.  

    Good internship but it takes time to make money

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

    I worked at Northwestern Mutual as an intern for less than a year

    Pros

    Great people and atmosphere

    Cons

    Calling friends and family was not fun. I wouldn’t take this position unless you have 6 months of living expenses saved

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Awesome Environment

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

    I worked at Northwestern Mutual as an intern for more than a year

    Pros

    The people you work with are absolutely great and are very willing to help. They truly want you to succeed

    Cons

    I really cannot think of any cons

    Advice to ManagementAdvice

    Keep doing what you're doing

    Approves of CEO
  7.  

    Excellent Sales Training

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

    I worked at Northwestern Mutual as a contractor for more than 5 years

    Pros

    Personal and business development, learned great sales skills and business development

    Cons

    Depends on your local management

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Best Experience ever

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

    I worked at Northwestern Mutual full-time for more than a year

    Pros

    I was an intern for about 6 months and then a full time rep for 6 months. Honestly, it was the BEST experience I've had. Yes, you do call people and try and set meetings with them to go over their finances, insurance needs, etc. You are basically a financial planner. It really opens your eyes to what people need opposed to what they don't have to protect their futures. I loved working with Northwestern Mutual, especially their values. They live each day to embody their vision, and the other reps I worked with were amazing. Everyone is always trying to help you and better you, and also give you feedback when necessary. If you're good at it and stick it out, you can make a ton of money too.

    Cons

    Work life balance doesn't exist in the early part of your career. You struggle the first few years, but if you stick it out than you can make it big. Working strictly off commission can get hard at first too, but again, stick it out long enough and it all pays off

    Advice to ManagementAdvice

    Keep bringing up reps and showing them the right way to go about selling.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Northwestern Mutual Internship

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

    I worked at Northwestern Mutual for less than a year

    Pros

    Invaluable learning experience for college student, opportunity to make sales and commissions, looks great on a resume

    Cons

    low stipend pay could be improved

    Advice to ManagementAdvice

    did a great job teaching the interns

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great company to work for, all of my co-workers are great people and treat their clients with integrity and respect.

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

    I have been working at Northwestern Mutual full-time for more than 3 years

    Pros

    The best life insurance company in the industry. Their values are above any other company out there. In my 3 years there has never been an instance where one of my coworkers has ever done anything that wasn't in the best interest of the client. That is the main reason I chose this company over the other financial service companies, plus they compensate you very well with their commission rates!

    Cons

    There is no base salary for the financial representatives, it is 100% commission.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Fort Lauderdale, FL
    Former Employee - Anonymous Employee in Fort Lauderdale, FL

    I worked at Northwestern Mutual as an intern for less than a year

    Pros

    Amazing internship. This financial services company is one of the best out there. In one summer I learned more than any semester in college would have taught me.

    Cons

    Picking up the phone and dialing.

    Recommends
    Positive Outlook
    Approves of CEO

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