Northwestern Mutual

www.northwesternmutual.com

Northwestern Mutual Reviews

Updated January 22, 2015
Updated January 22, 2015
1,553 Reviews
3.7
1,553 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
333 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  

    Enjoyable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant in Las Vegas, NV
    Current Employee - Assistant in Las Vegas, NV

    I have been working at Northwestern Mutual

    Pros

    Flexibility, relaxed atmosphere, nice people, no micromanagement

    Cons

    personal and professional growth, bonuses

    Advice to ManagementAdvice

    take more interest in your team

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    It is a prestigious insurance company but it is up to you what you will earn.

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

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

    Pros

    No ceiling on what you make. Full Commission base pay
    Big reputation; one of the best insurance companies.
    For a great cause.

    Cons

    Full commission
    No safety net; not even for first year.
    Cold calling.
    No help; One week Training and good luck.

    Advice to ManagementAdvice

    The internship program should have better training mentors. It was very unprofessional with no advice and just badgering you the whole time. Basically Northwestern Mutual wants those college kids contacts and pocket the money when they move on. Do not offer an internship if you are not going to properly train or have anybody to help train. I still respect Northwestern Mutual but am completely disappointed.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Great training program

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

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

    Pros

    Fun environment, great training for college reps

    Cons

    Can be a grind at times

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  5. 1 person found this helpful  

    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
  6. 1 person found this helpful  

    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
  7.  

    Financial Representative Representative

    • 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

    Hands on experience in the Insurance industry as an intern.
    Gain and improve Entrepreneurial Skills

    Cons

    Not an easy industry, you need to have a good network in order to be successful

  8.  

    Northwestern Mutual provides a great opportunity for recent graduates,

    • 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 (less than an year)

    Pros

    Northwestern Mutual has a faced paced and flexible work environment. Weekly team meetings and goal tracking helps employees stay on task.

    Cons

    You are thrown in very quickly without much early advice. There is a lot of cold calling and if you do not set appointments then you will have long and boring days.

    Advice to ManagementAdvice

    Consider more perks/benefits for meeting goals

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Great people

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Comfortable work environment; friendly positive atmosphere

    Cons

    Long hours; work life balance challenges

  10.  

    Life as an Associate Financial Representative

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

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

    Pros

    Northwestern Mutual is a great opportunity to learn about the finance industry. Highly recommended for new college graduates or career changers hoping to add experience to their resume in the field finance. In general, the position is flexible and provides for a great deal of independence, especially if you're willing to work hard and learn the business in the first couple of years. I have built some of my strongest friendships with current and former employees.

    Cons

    Pay is below average for the industry. Work can seem tedious at times.

    Advice to ManagementAdvice

    Put half as much effort into building and motivating your team as you do into building your clients and you'll be exponentially more successful.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Experience of a former satisfied employee

    • 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

    This company is a solid and reputable company in the Milwaukee marketplace and community. Opportunity exists and support is evident

    Cons

    Different locations can produce some inconveniences, but nothing that cannot be easily overcome.

    Advice to ManagementAdvice

    Stay the course, the company is headed in the right direction.

    Recommends
    Positive Outlook
    Approves of CEO

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