Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated August 16, 2017
2,604 reviews

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3.9
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2,604 Employee Reviews

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Pros
Cons
  • You will be asking them to give you numbers for close friends and family (in 332 reviews)

  • The turnover rate is very high because there is no base salary for full-time reps (in 123 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (27)

    "Amazing training and culture"

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

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

    Pros

    Since starting, I have had world class mentors teaching me 1 on 1, and constant attention if I needed it. It's amazing how much people will go out of their way or sacrifice their time to help me learn. I have so much in a short 2 years. I cannot see myself every working somewhere else.

    Cons

    You have to be a self starter! This career provides a ton of autonomy and flexibility...but the people that abuse the flexibility end up failing. It's important to be a self motivator to earn the money and freedom that you want!

    Advice to Management

    Keep utilizing a "team culture". I love that I have a team I can go the extra mile for. It's also great being surrounded by people who are in the exact same spot as me. It's fun learning and bouncing ideas off of each other.


  2. "Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in San Diego, CA
    Current Employee - Financial Representative in San Diego, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great energy, great potential for growth, and challenging environment. Set your own hours and keep your own schedule. A daily grind, which can help to work through the roller coaster of a job.

    Cons

    No base salary. All commission based. You pay for most of the services after the first 2 years and the sales cycle takes a while. You need to be very patient with the process.

  3. "Financial Advisor"

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

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

    Pros

    Autonomy. Unlimited income potential. Run your own business. Control your own schedule. Have the ability to work as hard/as little as you want. This career affords one the lifestyle they desire, but that lifestyle is dependent not the amount of work you put into it. Extremely impactful. This career has allowed me to make such a positive impact on people in my community, and that makes me feel so very good.

    Cons

    Must be a self-starter. There isn't someone to hold your hand to make sure you're in the office every day. You must be motivated. Does take a lot of courage. There is a lot of fear I have had around being on the phone and calling people to have a meeting. But in the end it's incredibly rewarding when you can make an impact.

    Advice to Management

    No advice necessarily. I've had great leaders, managers, coaches and mentors. They encourage and foster growth.


  4. "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

    Pros

    Great pay. Great people. Winning environment. You will have the guidance to be succeful. The work is all on you though.

    Cons

    You have to find your own clients from scratch. No cold calling or door knocking. Strictly referrals. This is much harder than it sounds.

    Advice to Management

    Management really only acknowledges your existence if you are leading the pack because there is such a large turnover rate.


  5. "Financial Rep. - Good job for you if you are a grinder"

    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 full-time (More than a year)

    Pros

    set your own schedule
    unlimited earning potential
    good residual income structure
    in my experience I was surrounded by good coworkers
    in my experience good boss who was more of a mentor than a boss
    you meet with and help people in the community

    Cons

    initially long hours
    hours and hours of grinding the phones and door knocking trying to meet people
    it helps if you have a large social network
    it helps if your social network is made up of people who are 27-35.
    in my experience if you go through a rough patch where you're having trouble prospecting new clients then it can start to get to you

    Advice to Management

    New hires out of college don't seem to do as well as those who are 27+ in my opinion.


  6. "Good training and support"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual full-time

    Pros

    Great growth potential. Good training

    Cons

    None yet. So far so good


  7. "Financial Representative"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual full-time

    Pros

    Great credibility
    Great potential income
    Run own schedule

    Cons

    Hard to make it in this field

  8. Helpful (1)

    "Financial Rep"

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

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

    Pros

    Great people and amazing training program at the NYC Midtown office

    Cons

    Very difficult to get on your feet if you are young and do not have a warm market


  9. "Financial Representative"

    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 (Less than a year)

    Pros

    Flexibility, financial freedom, fantastic mentoring, and the opportunity to be a leading woman in a male dominated field.

    Cons

    The first 5 years are difficult and will challenge you. If you are looking for a standard 9-5 career that gives you safety and predictability-- this is not your career.

    Advice to Management

    Continue on the path to inclusion, there is still a lot of work to be done to ensure each representative feels united.


  10. "Financial Rep"

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

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

    Pros

    great people to learn from, making an impact in the community

    Cons

    No base salary, the company does not give you any leads, better have a large network of friends and family.


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