Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated April 29, 2017
2,452 reviews

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Full-time Part-time

3.8
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Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
797 Ratings

2,452 Employee Reviews

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  1. Featured Review

    Helpful (6)

    "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. Helpful (1)

    "Walk away"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Saint Louis, MO
    Former Employee - Financial Representative in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    You will learn how to network and hard work!

    Cons

    Terrible culture and management. It's an unprofessional environment. They don't make as much as they claim. There is a lot of fees and cost involved. Stealing deals and working for free is common.

    Advice to Management

    Put a HR in place that is not related to someone or friends.


  3. Helpful (1)

    "Financial Advisor"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Northwestern Mutual full-time

    Pros

    The management and co-workers are friendly and good people

    Cons

    I did not like the culture. Product line does not serve all clients. Very difficult to get assets through the door

    Advice to Management

    Get better support


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


  5. Helpful (1)

    "Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative Intern in Indianapolis, IN
    Former Employee - Financial Representative Intern in Indianapolis, IN
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    -Learn many new things
    -Improves people skills

    Cons

    -Calling 40+ people a day (friends and family)
    -Very hard to start off
    -Almost all commission
    -Most people fail out in the first year


  6. Helpful (1)

    "Do Not Work At This Company; PLEASE READ"

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

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

    Pros

    I met some genuinely nice people during my time at this company and even some life long friends that were in my training class. Other than that, if nothing else, it's a good talking point in an interview at a different company because people will understand just how hard you're willing to work.

    Cons

    Where to begin.....

    A commission only job where you have to put in a crazy amount of hours in order to even try to make a buck. You'll work weekends, you'll work nights, it'll be all you think about. You'll be asking everyone you ever met for referrals, which WILL get on people's nerves and can even ruin relationships.

    Everyone looks out for themselves - they say they want to help you but really they only have time for you if you have high net worth clients. Strictly a numbers game and you'll be on the phone every day trying to set up appointments, and if you don't you'll be called out publicly.

    To top it all off, the management at my office was the worst I've ever seen. They don't care about you, don't help you, don't want to pay you (seriously it took forever to get money I was actually owed), and they're just awful people all around. Once I left, they couldn't care less about me (stopped responding to my emails, wouldn't answer calls, wouldn't give me referrals). This goes for all 4 Connecticut offices not just Westport.

    I jumped into this company too quickly and there wasn't anything out there to give me the hard, honest truth, so if this helps one person down the road I'd have done my job.

    Advice to Management

    Clean house...do literally anything else but what you're doing now...stop pretending like you care.


  7. "Financial Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Northwestern Mutual full-time

    Pros

    Good people and culture, solid bosses.

    Cons

    No salary, sales pressures, training was short.

    Advice to Management

    Have a mentor assigned to each individual - worthwhile to simply follow them for a day and listen to their phoning language, meetings, scheduling, etc.


  8. Helpful (1)

    "Varies by location"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    The Northwestern Mutual company as a whole is amazing. The company has great products, stands behind their clients and is incredibly stable.

    Cons

    At a field level, however, the culture varies. On the staff level, there is not a lot of room for growth. Most offices experience a lot of turnover because people are expected to wear many hats, but not get compensated for it.

    Advice to Management

    Pay attention to your staff, they are the heartbeat of the organization.


  9. Helpful (1)

    "Salary"

    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

    Fun coworkers and happy hour

    Cons

    Tough Boss, Controlling environment for employees


  10. "Environment is Changing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Franklin, WI
    Former Employee - Senior Business Analyst in Franklin, WI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Working at a Mutual Company was refreshing. It was good to believe I was putting the client, and not profits, first. Employees are friendly, benefits are okay. Work/life balance is workable.

    Cons

    Middle and upper management did not seem to hear suggestions until they had experienced the problem first hand. The company is in transition, and while I can appreciate the need to reduce spending, the approach to the recent layoffs was off. Focus now appears to be on finances, and not doing the right thing for our clients. Environment has become more sober. Employees are more guarded. Job security is not present.

    Advice to Management

    Please review what it means to be transparent. When a company is transparent, they do not hold on to information until the last moment, they do not hold off site meetings, and flip calendars to private, and they do not refuse to put announcements and changes in writing.


  11. "Financial advisor internship program"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Neutral Outlook
    No opinion of CEO

    Pros

    Was able to learn a lot about health insurance

    Cons

    Ultimately did not come away from experience learning what I had wanted


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