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Northwestern Mutual Reviews

Updated February 17, 2018
2,868 reviews

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3.8
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2,868 Employee Reviews

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  1. Featured Review

    Helpful (5)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Fayetteville, AR
    Current Employee - Financial Advisor in Fayetteville, AR
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 5 years)

    Pros

    Over the past 5 years I have been working with the firm, I have grown to understand more about how Northwestern as a platform to begin and grow your financial advisory business seems tough to beat. While NM has allowed me exclusive access to their insurance and investment advisory platform, they also are not captive to just their products and which helps me feel confident when doing financial planning.

    5 years in so far and I have yet to run into a situation that I had to question any ethical or moral move that NM has made. With them acquiring learnvest to turn themselves into one of the largest tech financial firms in the US, I am excited to see where they go over the next few decades.

    Cons

    The first few years of building your own practice is tough. While Northwestern prides themselves on their training program and mentorship, at the end of the day, your business thrives or fails based on how much you are willing to work on crafting your skills and building your client relationships.

    I have seen a lot of people not willing to put the time and energy into starting their own business and end up leaving the career with a bitter taste because they were to focused on "selling" instead of "planning".

    If you are just trying to be an insurance agent or an investment advisor, this isn't the group to join. I have realized NM's focus and current competitive advantage is their focus on comprehensive financial planning that isn't just about selling products.

    Advice to Management

    Many people think NM is just an insurance company but the leadership needs to start educating people that NM is one of the top 5 investment brokers in the US.


  2. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 5 years)

    Pros

    Help people and great earning potential

    Cons

    Lots of legwork and constant phoning

  3. "Associate Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Representative in Durham, NC
    Current Employee - Associate Financial Representative in Durham, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 10 years)

    Pros

    Amazing culture and profound mutual respect for each other. Client focused is a main priority and to do what is always right by them.

    Cons

    No health insurance for AFRs

    Advice to Management

    Please do implement health insurance for AFRs


  4. "Great Learning Experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    As an intern, learning about personal finances was the biggest plus

    Cons

    If you are looking to make a lot of money and arent a 100% sales oriented type, look elsewhere


  5. "Northwestern Mutual Philadelphia"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director of Business Development in Philadelphia, PA
    Current Employee - Director of Business Development in Philadelphia, PA
    Recommends
    Approves of CEO

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

    Pros

    I have enjoyed being able to contribute to the team atmosphere in Philadelphia with the opportunity to make an impact while attaining results. The Leadership from within the Philadelphia Firm starts at the top. As a working mother, the flexibility and understanding needed has allowed me to lean in as part of the growing female leadership and workforce here at Philly NM.

    Cons

    Every network has it's opportunities but what I love about working here is the collaborate drive to elevate both the culture and the firm.


  6. "Use Your Own Network"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative
    Former Employee - Financial Representative
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northwestern Mutual (More than a year)

    Pros

    Decent Training, Good Support for Representatives starting out

    Cons

    Be prepared to call everyone you know and then cold call people


  7. "Good experience, wish it worked out."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative
    Former Employee - Financial Representative
    Recommends
    Approves of CEO

    I worked at Northwestern Mutual full-time

    Pros

    Yo get to be your own boss. and the sky is the limit. some people are lucky and have a great contact list of people to call. If that is you, then you should succeed. If you succeed the business here can be extremely financially awarding.

    Cons

    No base salary the first year. After training there is little guidance to help you excel in the business. You have to generate your lead base. And the company prefers you to go after family and friends to sell to.

    Advice to Management

    Try to help younger reps out better. Try to set up some sort of base salary the first year.

  8. "Associate Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Representative in Saint Louis, MO
    Current Employee - Associate Financial Representative in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Great job flexibility, training, and culture.
    -They pay for professional designations

    Cons

    -Your hard work will be attributed to the advisor you work for. Very little recognition for advisor staff.
    -Health Insurance is individual through each individual advisor. There is talk of them extending their group benefits to field staff in 2019, but right now your kind of at the mercy of whatever advisor you work for decides.


  9. "Financial Rep"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Northwestern Mutual full-time

    Pros

    Great work environment with even better co-workers

    Cons

    Sales focus at the beginning (not a bad thing if you can learn how to sell insurance)

    Advice to Management

    Keep doing what you're doing - it's a necessary service you're providing


  10. "Great company-great community!"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at Northwestern Mutual full-time

    Pros

    Good benefits, training and continuing support-you are representing a great company that knows how to do what it does.

    Cons

    Gotta be a self starter to make it work!


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