Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated 7 Dec 2019

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3.8
65%
Recommend to a Friend
91%
Approve of CEO
  1. "Highly political and disorganized"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Consultant in Milwaukee, WI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Northwestern Mutual full-time for more than 3 years

    Pros

    Free lunch and easy job

    Cons

    Constant reorganization, layoffs, outdated business practices.

    Advice to Management

    Retire

    Northwestern Mutual2019-12-07
  2. "A step up from car sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - N/A 
    Doesn't Recommend
    Neutral Outlook

    I worked at Northwestern Mutual full-time

    Pros

    Potential to earn 6 figures . Everyone acts like they “drank the koolaide” so believing what you are selling is easier.

    Cons

    No leads, must use family, friends and referrals to get started. Forever asking for referrals and setting new client appointments. 35 new appointments per week to reach 6 figures

    Advice to Management

    Listen to your employees when they take an issue to the top. You can retain and maintain a much better culture of employees if done.

    Northwestern Mutual2019-12-06
  3. "Home for the ambitious and driven"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director of Selection 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time

    Pros

    High energy and professionalism Strong company brand Motivated mentors and coaching Purpose driven culture Benefits, rewards and retirement plans Generous recognition Exciting company trips Flexible work schedules Relationship building Positively impacting others Creative and encouraging leadership Career growth opportunities Call a local recruiter to learn more about your specific office

    Cons

    Success takes hard work and dedication Dealing with rejection Passing licensing and certification exams Predominately production based income Building disciplines and new habits Working with others who may be different than you Easier for fast learners Going out of your comfort zone

    Advice to Management

    You’re doing a great job!

    Northwestern Mutual2019-12-05
  4. "Great culture if you can build the clientele"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time for less than a year

    Pros

    Great products, strong compensation scale

    Cons

    Commission Only, "Financial Advisor" but primarily selling life insurance.

    Northwestern Mutual2019-12-04
  5. "Great Company, Even Better People"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director of Talent Acquisition in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northwestern Mutual full-time

    Pros

    Lots of flexibility, good for someone who is naturally social and outgoing. Awesome for self-starters. Management in the centralized recruiting method really has your back.

    Cons

    I wouldn't say this is a con, but make sure your adaptable and can work with many diverse personalities.

    Advice to Management

    Continue to develop young leaders.

    Northwestern Mutual2019-12-02
  6. "It takes a 5-10 year residency - then pays like nothing else; only for the right people at the right time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time for more than a year

    Pros

    Complete Autonomy Love making massive impact in client's lives and seeing it through Building your own practice No Ceiling - 7+ figure opportunity

    Cons

    Very Difficult Wrong for most people. Take high consideration and ask all the questions - career is viewed like a marriage, get to know all the good and all the ugly. Best for highly competitive people that bet on themselves. Some people need a "boss" and told what to do and that's ok, this is not for people that need that

    Advice to Management

    Keep being selective in the "other's" best interest. Take your time in them joining, make sure they start at the most optimal time. *Testing is being completed *fully licensed *know all the numbers and what they'll do day to day *6 months of income saved *start building your market *have a mentor to coach with during onboarding

    Northwestern Mutual2019-12-02
  7. Helpful (1)

    "Generally strong"

    StarStarStarStarStar
     

    I have been working at Northwestern Mutual

    Pros

    Free lunch, beautiful campus, great campus amenities.

    Cons

    Misses the mark on inclusion. Campus is diverse, but senior leaders are not.

    Northwestern Mutual2019-12-02
  8. "Awesome Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Wilmington, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time for more than 10 years

    Pros

    The potential to create a lasting impact in your community, to make your own schedule, to build your own business, and to be paid what you are worth, is amazing! Culture locally is supportive, the people all want to help, many opportunities for joint work and mentoring. The company will invest in you if you put in the effort. NM pays for your certifications and will continue to innovate to create the right... products for your clients. The ability to create a financial planning practice that gives you the income from insurance and investments will help you weather changing market conditions over time and significant income as you help your clients achieve their financial goals and objectives.

    Show More

    Cons

    Incentive based compensation makes for a challenging start. There is a lot to learn to become good at financial planning but there are also many avenues for ongoing training. Problem is that it is up to the individual reps to stay focused on training at all times and many people aren’t ready to put in the time and effort it takes to be successful.

    Advice to Management

    Keep looking for the talented, entrepreneurial type people that should engage in this type of work. The career is very attractive once someone is successful and that likely lures some of the wrong people to really want the opportunity from the start.

    Northwestern Mutual2019-12-01
  9. "Great people, hard job"

    StarStarStarStarStar
    Current Employee - Financial Representative in New York, NY

    I have been working at Northwestern Mutual full-time for less than a year

    Pros

    Great training and support.

    Cons

    Difficult job if you don’t have a good network built.

    Northwestern Mutual2019-11-26
  10. Helpful (3)

    "Struggling to modernize and adapt to competition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Milwaukee, WI
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Northwestern Mutual full-time for more than 10 years

    Pros

    Competitive benefits. Free lunch.

    Cons

    Northwestern Mutual was once a great company to work for. New leadership has taken over and the company is a much more chaotic place to work. Now the company works with the mentality that layoffs will be ongoing as they are always looking for places to cut. Benefit have been cut quite substantially although are still competitive. They used to be some of the best in the market. The company is trying to run like a... startup (constant layoffs and reorgs), but with struggles to invest the necessary money to maintain and upgrade out of legacy technology.

    Show More

    Advice to Management

    Stop the constant layoffs. Make sure reorgs are though out and have a purpose before implementing them. Give teams the power and investment to modernize the legacy assets.

    Northwestern Mutual2019-11-24
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