Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated December 12, 2017
2,785 reviews

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3.8
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2,785 Employee Reviews

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Pros
Cons
  • You will be asking them to give you numbers for close friends and family (in 364 reviews)

  • Need to be motivated everyday if you want to make sales, no base salary (in 136 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Best Place to be at."

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

    I have been working at Northwestern Mutual full-time

    Pros

    Complete autonomy of your schedule, clients, and effort. It's quite simple if you're someone who thrives, you'll have a great career. I was an intern while in college and learned more in a summer about life and business then I had in a lifetime. I decided to bet on myself as a young 22 year old and create my own financial planning practice and haven't looked back since. Done and seen things that I never thought I would.

    Cons

    A lot of people start this career and cannot survive the roller coaster ride at the beginning and quit on themselves.

    Advice to Management

    O_F_F_I_C_E


  2. "Financial Represntative"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northwestern Mutual full-time

    Pros

    Upside potential for this job is great

    Cons

    Long hours but that happens in a sales job

  3. Helpful (1)

    "Do not work here!"

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

    I worked at Northwestern Mutual full-time (More than 10 years)

    Pros

    Great for millennials with no experience.

    Cons

    Bad for any one with any type of experience. They have let go of over 1,000 people with great experience. Pushed them right out the door and right away hired much younger resources. Yes, I was one of the many that was let go. Just shy of 15 years. BTW-got a much better job with a pay raise :)

    Advice to Management

    Don't let LearnVest run the business. They might be great as a startup, however, steady and true they are not. Also, the CEO is only in it to make money. I believe this company will de-mutualize within 10 years. mark my words.


  4. "Associate Financial Representative & Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Salt Lake City, UT
    Former Employee - Administrative Assistant in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northwestern Mutual full-time (More than 8 years)

    Pros

    I am a team player, motivated, proactive and adapt well. I enjoy working face to face or over the phone with clients.

    Cons

    I do not enjoy working with negative people


  5. "Recruiting Coordinator"

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

    I have been working at Northwestern Mutual full-time

    Pros

    Awesome Financial Advisors and Managing Director

    Cons

    Lack of formal training in the office


  6. "Great opportunity for an outgoing person who will do anything to make it big."

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

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

    Pros

    - Complete control over your time, no micromanagement although there are accountability coaches who will check in with you ~2x/wk
    - Potential for amazing lifestyle if you commit your entire existence to this career
    - Genuinely good people who are passionate about helping people so much that they leave steady jobs to take this job with 100% commission
    - Amazing experience, regardless of whether you're in the 13% that make it past 5 years or the 87% that fail out in the first 5 years
    - Pretty good training, heard it was better before when it was longer

    Cons

    -No work/life balance whatsoever in first year, they become one in the same
    -You are an insurance salesperson until you get the series 6/63
    -Hard to set meetings if you don't know much about product offerings or investments
    - For me, as a recent graduate, I didn't have any personal connections needing what I could offer or professional experience to convince family friends to meet with me which has made it VERY hard to get off the ground
    - Granum applies to referred leads, if you don't have an extremely strong network of 27-35 year olds, you will be cold calling to set enough meetings in the beginning and try to prospect out of it

    Advice to Management

    Not that MDs or MPs can really control salaries, but a small salary would attract better talent to develop better people rather than hiring whoever is willing to try it to see who can last.

    Make new hires come in with certifications to give them a better chance to succeed.


  7. "Business Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Milwaukee, WI
    Former Employee - Business Analyst in Milwaukee, WI
    Doesn't Recommend
    Neutral Outlook

    I worked at Northwestern Mutual full-time (More than 10 years)

    Pros

    There are many opportunities for growth

    Cons

    There is a large transition occurring.

  8. "Admin Assistant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    good working environment and people

    Cons

    not a lot of room for growth once in a position


  9. "An awesome company with awesome people"

    StarStarStarStarStar
    • 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

    I have been working at Northwestern Mutual part-time

    Pros

    Everyone who works here is so fun and nice. I feel comfortable at the office and the hours are super flexible

    Cons

    As long as you are putting in your best effort and working hard there are no cons

    Advice to Management

    Keep doing what you're doing!


  10. "Campus Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northwestern Mutual full-time (More than 3 years)

    Pros

    I will always be grateful for the opportunity I've had as the campus recruiter! No matter what position you are with NM you will experience the amazing culture and the work hard/play hard environment. They really help each person develop personally and professionally to their full potential.

    Cons

    Has it's ups and downs with recruiting interns. You have to develop a thick skin and realize that a lot is out of your control. It's very similar to being a financial rep it's a numbers game!


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