Northwestern Mutual - Northwestern Mutual - solid company, lackluster as an associate | Glassdoor
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There are newer employer reviews for Northwestern Mutual

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"Northwestern Mutual - solid company, lackluster as an associate"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Associate Wealth Management Advisor in Denver, CO
Current Employee - Associate Wealth Management Advisor in Denver, CO
Doesn't Recommend
Positive Outlook
Approves of CEO

I have been working at Northwestern Mutual full-time (More than a year)

Pros

Solid products and services offered that can compete with many financial advising firms and other top notch insurance companies. Broad resource base for those interested in exploring "LINKNET"

Cons

"Man behind the curtain mentality" - where anything that goes wrong is blamed on the "home office" in Milwaukee. Not a lot of upward mobility as an associate. Limited continuing eduction support (i.e. not allowed to list credentials of CFA, CIMA or other designation if it is not on the "approved list"), too competitive on the numbers/performance metrics where advisors are not always motivated to help one another because they want their "lives, GDCs, and renewals" to stay above the peers, too conservative of a company in all aspects - works well for policy owners, but not competitive from a software/technology perspective

Advice to Management

Keep up the good work

Other Employee Reviews for Northwestern Mutual

  1. Helpful (2)

    "Be aware you are starting your own business, and you WILL be asked to sale to friends and family"

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

    I have been working at Northwestern Mutual full-time (Less than a year)

    Pros

    The culture of the company is fantastic. Those who make it in the industry are all great, outgoing, caring individuals. Very professional, upbeat atmosphere. If you are one of the few that make it (5%), there is unlimited income potential.

    Cons

    I met the company at a career fair. The recruiters were very professional and sold me on the potential of the position. Throughout the interview process they did inform me that it was a commission based compensation system. They told me that there were weekly stipends and a signing bonus of $4,000 included. HOWEVER, in order to get the stipends unrealistic quotas must be reached, and to get the $4,000 you must meet reach the end of the 15 week training period and have each weekly quota reached. Make sure you understand that you ARE starting your own business, there is no compensation besides commission, and the process to receive your commission is long. Overall, for a new college graduate I would not advise taking this position, unless you have a large network of wealthy adults who you are more than willing to beg them to buy insurance from you.


  2. "Well respected company with excellent products and financial stability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Agent in Atlanta, GA
    Former Employee - Insurance Agent in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Northwestern Mutual full-time (Less than a year)

    Pros

    Independence, flexibility, potential for high income

    Cons

    Difficult to develop clientele with headwinds from internet sales

There are newer employer reviews for Northwestern Mutual
There are newer employer reviews for Northwestern Mutual

See Most Recent

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