Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated February 20, 2017
2,343 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
740 Ratings

2,343 Employee Reviews

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Pros
Cons
  • You will be calling on friends and family at the beginning (in 300 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. "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


  3. "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!


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


  5. "Field Staff review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Wealth Management Advisor
    Current Employee - Associate Wealth Management Advisor
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great company that strongly believes in the mutual concept and puts policyowners' interests first.

    Cons

    Number of tasks requires using many different programs which makes getting things done quickly hard. No benefits from NM. Associates are employed by individual agents and benefits vary. NO group health insurance. Work life balance depends on the agent you work for.


  6. "Financial Representative"

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

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

    Pros

    Great company, very ethical and a good culture. Products are also the best in the industry. High long run earnings potential

    Cons

    No base salary. Everything you make is purely from commissions. In the beginning this can be very tough especially because you're expected to start with people you already know.


  7. "Northwestern Mutual"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waterloo, IA
    Current Employee - Anonymous Employee in Waterloo, IA

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

    Pros

    Flexibility of schedule and type of work done only benefits the client.

    Cons

    You have to work a lot of hours in order to be successful

    Advice to Management

    Management could invest more time in taking under 5 year financial representatives on joint work.


  8. "Admin Associate Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Cleveland, OH
    Current Employee - Associate in Cleveland, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great company overall; very well known; awesome annual and central meetings. The meetings really make you aware of the scale of the company and the amazing work they do. There's so much room for growth- NM pays for you to go back to school and usually your rep is willing to pay for Life and Health, Series 6&7

    Cons

    Unless you work for the Home Office, it solely depends upon the Rep you work for. Mine is personally horrible and does not know how to run a practice, but others in the office are amazing. Also my rep started his team off SOOO low that it was very hard to come to work some days.


  9. "Nice Place to work"

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

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

    Pros

    Great Benefits, great location, interesting work.

    Cons

    Too many people needed to make decisions


  10. "Great place to work"

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

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

    Pros

    Ability to move up in the company

    Cons

    Could not think of any at this time


  11. "Hardest, yet most rewarding career you'll ever have"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Financial Advisor in Chico, CA
    Current Employee - Financial Advisor in Chico, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 8 years)

    Pros

    Control over your career path, collaborative culture, truly impacting clients’ lives, intellectual stimulation, leadership/growth opportunities, no one stands in the way of my professional goals, flexibility in my schedule to spend quality time with my family

    Cons

    First 3-5 years requires intense focus and a relentless drive to be successful. Be prepared to work 40-60 hours per week to truly launch your practice. Not really a ‘con’ for someone who sees the value in hard work. Performance-based compensation is motivating for the right person.

    Advice to Management

    Continue to help advisors connect the daily successes and daily struggles to their future goals – how is this helping them get to their ideal personal, professional and financial goals.



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