Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated February 23, 2017
2,353 reviews

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Full-time Part-time

3.8
Star Star Star Star Star
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
744 Ratings

2,353 Employee Reviews

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Pros
Cons
  • The internship just expects you to reach out to your friends and family to sell them insurance (in 302 reviews)

  • Little to no base salary, pure commission (in 109 reviews)

More Pros and Cons

  1. Featured Review

    "Amazing training and culture"

    Star Star Star Star Star
    • 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 Advisor"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual full-time

    Pros

    Training, job satisfaction, client relationships.

    Cons

    Cold calling, commission only, calling on family and friends.


  3. "Director of Recruitment and Selection"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director of Recruiting in Boca Raton, FL
    Current Employee - Director of Recruiting in Boca Raton, FL

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

    Pros

    the Culture is awesome! Most people are between 29-45, all very sharp motivated professionals, those in the business longer are friendly and extremely knowledgably and willing to help and share their experienced.

    Cons

    at times it seems like small things are blown out of proportion but it's only to help make us all better as much as that stings at first.

    Advice to Management

    notice those who are giving their all and listen to their opinions.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Decent place to start at and groW"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Systems Analyst in Chicago, IL
    Current Employee - IT Systems Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Growth and active team membership means work is fluent

    Cons

    Due to contracted jobs hard to advance in any department

    Advice to Management

    Open the doors to hiring full time employess not under a contract company if you want people to stay


  6. "Financial Representative"

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

    Pros

    I started at NWM in their "post graduate internship" following graduation. I essentially worked full time on a intern contract. It was an awesome experience, albeit hard; it was a great learning opportunity. This is not an easy industry for anyone to work in, no matter what your background is. Know that you will have some really good days, and some really bad days. You must be really mentally strong in order to do well. The good news is that hard work will always pay off in this industry.

    -Fun and competitive environment to work in (work hard play hard)

    - Work for yourself

    - Awesome training and management

    - Huge earning potential

    - You can dictate your success if you're willing to put the time in

    - Best company in the industry

    Cons

    -Must have a large "natural market" or network if you want to have semi decent chances of success

    -Full commission and business expenses as you're a contracted employee

    - Beause it is such a work hard play hard environment, there are some Financial Advisors and Financial Reps to avoid; as in all industries.

    - There really is nothing like the earning potential here, but be realistic. The numbers that they often give you are not the averages. There are some people who have been in the business for a while who are still making very little.


  7. "Good Job"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    - Soft Skills
    - Following Up
    - Scheduling
    - Persistency

    Cons

    Commission based job while still in college


  8. "Financial Representative"

    Star Star Star Star Star
    • 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 (Less than a year)

    Pros

    Great compensation and mentoring. The career has great impact and the office environment is the kind that drives you but knows how to celebrate success for each other.

    Cons

    Building your own practice takes a lot of effort, be prepared to commit and for at least 2 years.

    Advice to Management

    Very male dominated in my office. Keep up the women inclusion events.


  9. "Financial Representative"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual full-time

    Pros

    Great Company, Great People. I became a client after I left.

    Cons

    Sales is tough, especially if you are new to an area. Recommend having a large network of people to talk to.


  10. "This has been an excellent place to work for. Great employees to work with. Culture is great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative
    Current Employee - Financial Representative
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Company culture
    Great benefits

    Cons

    Commission
    Hours are Long

    Advice to Management

    Yes


  11. "Great company to work for!"

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

    I have been working at Northwestern Mutual full-time

    Pros

    Have the opportunity to exercise entrepreneurial aspirations with the expansive support of a great team!

    Cons

    Not for everyone. The opportunity is exciting and easy to fall in love with....even if it's not the right fit.

    Advice to Management

    Continue mentorship, honesty, and cheer on new advisors. All of the above are necessary!



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