Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated March 26, 2019
3,337 reviews

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3.7
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Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
1,251 Ratings

Employee Reviews

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Pros
  • "Unlimited income potential if you are willing to work for it" (in 131 reviews)

  • "All of the top performers are more than willing to help with certain skills or any questions you may have" (in 87 reviews)

Cons
More Pros and Cons

  1. "Superior products and support while on boarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Omaha, NE
    Former Employee - Financial Advisor in Omaha, NE
    Recommends

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

    Pros

    Superior products
    Constant training
    Excellent atmosphere for young professionals just out of college

    Cons

    The need to hassle family and friends for business


  2. "High-quality people, low-quality compensation"

    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 a year)

    Pros

    Solid company, friendly staff, positive culture

    Cons

    Base salary is low, benefits are expensive

  3. "Awesome Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - College Unit Director in Pittsburgh, PA
    Current Employee - College Unit Director in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    As a college unit director I have built an internship program in addition to building my own financial planning practice.

    Cons

    We all work hard here, but the culture makes it worth while

    Advice to Management

    Keep your focus on growing people.


  4. Helpful (1)

    "Great Opportunity for Certain People"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Raleigh, NC
    Current Employee - Financial Representative in Raleigh, NC
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Endless Earning Potential, Excellent Training Systems, Great Leadership, Opportunity to Help People

    Cons

    Tough to Get Started, LONG Hours When You Start, Must Spend Time Training Outside of Work, No Leads Are Provided, 100% Commission

    Advice to Management

    Lengthen the Licensing and Certfication Timeframe, which would allow reps to come in securities licensed.
    Be more upfront about services/items you will be charged for. We didn’t find out that we had to pay rent, CPG fees, or phone until over a month into the business. All of these seem like things that should be covered by profit that isn’t paid out in commission.
    Go through case studies/realistic training instead of just classroom training. I was told you had to have Joint work partners for each appointment, which would not have been necessary if we went through realistic training/practice to prepare us.


  5. "Unlimited Earnings!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Striano Financial of Northwestern Mutual in Boca Raton, FL
    Current Employee - Striano Financial of Northwestern Mutual in Boca Raton, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Amazing culture, hands on training, opportunity for leadership.

    Cons

    No cons, just need to push to get beyond any fears you have of the phone and putting yourself out there!

    Advice to Management

    Keep being positive impacts on advisors!


  6. "Financial Rep"

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

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

    Pros

    Unlimited potential earnings
    Great commission structure

    Cons

    No cons I can think of now

    Advice to Management

    Not much advise to management. Keep doing what you're doing.


  7. "Love working here"

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

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

    Pros

    Itbhas a great atmosphere andnyou set your schedules

    Cons

    Its hard to keep momentum

  8. "Work Community"

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

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

    Pros

    Everyone is ambitious
    Everyone is willing to help

    Cons

    Your individual market is your greatest asset


  9. "great work environment"

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

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

    Pros

    Great opportunity with great support. Very enjoyable place to work.

    Cons

    There is none so far


  10. Helpful (1)

    "Good company for the young."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Franklin, WI
    Former Employee - Customer Service Representative in Franklin, WI
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Ability to advance, free lunch, on site clinic and credit union.

    Cons

    It was my experience that while the company stresses that it a diversified company, that diversity does not extend to those over 50. They have groups for Hispanics, African Americans and LGBTQ, however, those over 50 are totally ignored.

    Advice to Management

    You are missing out on years of experience and talent by not giving older workers a chance to prove themselves. With such young management in place over departments, the older worker doesn’t get a fair chance.