Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated March 22, 2017
800 reviews

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3.0
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
185 Ratings

800 Employee Reviews

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Pros
Cons
  • You leverage existing relationships with existing friends and family to earn commission (in 308 reviews)

  • no base salary means there is a lot of pressure to have sales right away (in 113 reviews)

More Pros and Cons

  1. "Peer pressured by mentors"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Representative in Skokie, IL
    Former Intern - Financial Representative in Skokie, IL

    I worked at Northwestern Mutual as an intern (More than a year)

    Pros

    Hard work pays off here and you can make lots of money.

    Cons

    It's exhausting when my mentors would try to upsell my relationships for insurance.

    Advice to Management

    Watch mentors and overselling.


  2. "College Financial Advisor"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    fun interns, good training, and nice people

    Cons

    cold calls, more of a sales job instead of financial advisor


  3. "Perfect job for very few people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Representative in Boston, MA
    Former Intern - Financial Representative in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Northwestern Mutual as an intern

    Pros

    The ability to make your own schedule shouldn't be undersold. Loose management structure with little to no micromanaging.

    Cons

    If you're not incredibly result driven, schedule oriented, and detail focused you will not do well at this job. There's a reason the turnover rate is roughly 90%.

    Advice to Management

    Foster an environment that is conducive to financial reps wanting to better their own practices.


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  5. "Work Environment"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great way to start your own business practice and be your own boss.

    Cons

    Salary is mostly, if not almost all, commission based


  6. "It is a sales job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Diego, CA
    Former Employee - Anonymous Employee in San Diego, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Ability to learn a lot about the financial and insurance industries.

    Cons

    A lot of work for very little pay. Minimal benefits.

    Advice to Management

    Treating employees as if they don't matter doesn't help morale.


  7. "Financial Representative"

    Star Star Star Star Star
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Northwestern Mutual as an intern

    Pros

    Good opportunity to improve sales and finance skills.

    Cons

    Difficult to sell, no base salary as a full time position.


  8. "Financial Planner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Boston, MA
    Former Intern - Anonymous Intern in Boston, MA
    Recommends
    Positive Outlook

    I worked at Northwestern Mutual as an intern (Less than a year)

    Pros

    Worked there for a summer internship. They allow you to work your own hours as long as you are hitting your goals.

    Cons

    Nothing comes to mind. I didn't enjoy cold calling so I knew the job wasn't for me.


  9. "Interview for internship"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Northwestern Mutual as an intern

    Pros

    It took 2 days to process the resume and arranged an interview by phone with the recruiter.

    Cons

    no opinions to the company


  10. "Application Support Adminstrator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Negative Outlook

    I worked at Northwestern Mutual as a contractor

    Pros

    The people and atmosphere make it a very positive experience.

    Cons

    People with strong technical background and not thought of as a high need. In the current atmosphere, upper leadership has left people with questions

    Advice to Management

    The silence from upper leadership is to not a good experience for current employees


  11. "Financial Rep"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual full-time

    Pros

    Excellent Training and Great Support System

    Cons

    Tough first job if your not comfortable being on the phone and working strictly off commission



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