Northwestern Mutual - Not a great place to start for a new grad. | Glassdoor
There are newer employer reviews for Northwestern Mutual
There are newer employer reviews for Northwestern Mutual

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"Not a great place to start for a new grad."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Representative in Dubuque, IA
Current Employee - Financial Representative in Dubuque, IA
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

Flexible schedule, comprehensive training, great work environment.

Cons

First of all, don't be too excited if you get an interview, or even an offer from NWM. They will literally take anyone who has any type of college education.
Commission sucks... tough to make any money in your first 1-5 years with the company.
When it comes down to it, this company is full of sales people. They are great with their words and they really sold me on the idea that I could make a lot of money selling insurance. But you have to be realistic and remember that (for the most part), people with life insurance don't need it, and people without it don't want it. It's a tough place to start, especially when you have student loans that need to be repaid. You don't get any kind of guaranteed compensation and even in the best circumstances (for instance, if you sell 20 lives in the first year), you still won't make enough to keep up with your bills.

Advice to Management

Throw in some guaranteed compensation for your young grads and you might be able to keep some of them around.

Other Employee Reviews for Northwestern Mutual

  1. "A Perfect fit if you desire to sell life insurance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Albuquerque, NM
    Former Employee - Financial Representative in Albuquerque, NM
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Flexibility. You can make time for activities outside of work.

    Cons

    You are a 100% commission based life insurance sales person. PERIOD. You are responsible for meeting sales goals and must attend frivolous and frequent meetings. If a client cancels a policy you must forfeit your commission (known as a rollback). Extreme adversity to start. Financial benefits of career will not be reaped until 15~20 years.

    Advice to Management

    Try harder to retain talent. Do not be so flippant with employees.


  2. "Overall company is solid, district office lacks proper management."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Peoria, IL
    Former Employee - Financial Representative in Peoria, IL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Stability of company and products is adequate.

    Cons

    "Be your own boss" means "as long as you do what we ask." Local office lacks sales management and leadership.

    Advice to Management

    Recruit and train good management first, then you will be able to develop younger reps and new-to-the-business advisors that will stick around.

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

See Most Recent

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