Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated March 24, 2017
2,395 reviews

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Full-time Part-time

2,395 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. "Financial Representative- Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Great work environment, and the people are easy to get along with

    Cons

    Slightly unclear with what you'll be doing during the internship if you aren't contracted

    Advice to Management

    None


  2. "Best company to purse financial planning career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Long Beach, CA
    Current Employee - Financial Representative in Long Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Extremely high level of personal and financial independence that is highly dependent upon your work ethic, communication skills, and ability to break out of your natural/warm market through referrals. Highly rewarding work by helping people achieve their goals and protect their family.

    Cons

    Very difficult for the first few years, expect A LOT of rejection and apathy from people you reach out to, even close friends and family. No base salary (commission only) so be prepared to grind and be hungry for leads every single day until you build a sufficient client base to feed new blood into your business.


  3. "Financial Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Re in Chicago, IL
    Current Employee - Financial Re in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great team atmosphere, they do everything they can to help you succeed, flexible schedule as long as you work hard, fantastic long term career opportunity

    Cons

    Commission only so it's hard to get started

    Advice to Management

    No advice for management


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


  5. "After 6 years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Downers Grove, IL
    Current Employee - Financial Advisor in Downers Grove, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 5 years)

    Pros

    High Character People
    Great Culture
    Ongoing Development/Learning
    Entrepreneurial colleagues are great partners/motivators
    Income

    Cons

    Not an easy career for most


  6. "Intern"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Northwestern Mutual full-time

    Pros

    I loved the nice work environment

    Cons

    The salary is low because it is commission based.


  7. "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Seattle, WA
    Current Employee - Financial Advisor in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Make your own schedule, good benefits and a pension. Also gain real world experience in financial industry.

    Cons

    Business is tough to start. Everything is commission (with some bonuses). Need to work more than 45 hours a week to really get business off the ground.

    Advice to Management

    Keep recruiting eager and motivated new reps. Also, include more mentors to keep new reps engaged.


  8. "Financial Representative"

    Star Star Star Star Star
    • 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

    Pros

    Some of the most encouraging, supportive, and competitive people around. Professional but still very fun work culture, and very high income potential.

    Cons

    This job really puts you out of your comfort zone. You will be calling people every day, and some people may not react kindly to the interruption. You set your own schedule, but if you are going to be successful, you will likely be putting in 50+ hour weeks.

    Advice to Management

    Management was excellent, I could not respect my mentor more. This job is quite simply not for everyone, but I would say its worth a shot to find out if it is right for you.


  9. "General Feedback on Agency"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee in Downers Grove, IL
    Current Employee - Anonymous Employee in Downers Grove, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    *Work-life balance! Work hard, be accountable, show up on time, and obviously get your work done. When you do all of that, you end up having a lot of freedom.

    *Coworkers. We are truly a family! Everyone gets along. Nobody tries to stab you in the back. People want to lift you up vs beat you down. I actually love my job, but it's really the people that keep me here.

    *Work perks. We get to do a LOT of fun stuff. Company trips, family outings, free lunches, free education, the list goes on. These are all just icing on the cake, but still great to have!

    *Constant feedback! You can't improve if you don't get feedback. You obviously need to be open to it, but it will only make you better as a person and at what you do.

    *Motivation! You are surrounded by hard working, entrepreneurial, MOTIVATED, positive individuals all day every day. Just being immersed in that every day can rub off on a person.

    Cons

    *Definitely not for everyone! You must be a self starter, you must be hard working, and you must be able to hold yourself accountable. The people who fail here most often lack one of those key personality traits. You have to be able to put your head down and work hard for a few years to be able to have freedom later on. The "delayed gratification" is very hard for some people to wrap their heads around.

    *Reps are paid on a commission basis. This is both a pro and a con, really. You do have endless income potential. Seriously, the sky is the limit. The harder you work, the more money you make. Plain and simple. But, adversely, if you do not choose to work hard, you won't make much money. And for some people, riding a commission roller-coaster can be daunting.

    *Staff can be under appreciated. Just being honest. If you work for a rep or the agency, you will work just as hard as everyone else, but you don't necessarily get to reap all of the benefits. However, there are several employing reps who treat their staff very nicely, and make sure that they know they are appreciated with perks of their own.

    Advice to Management

    *Keep it up! The shift in culture over the last couple of years has been HUGE. Way more inclusive, way more positive, and less of the "good 'ol boys club" mentality.

    *We need more women reps! But they know that, and are working diligently to even out the population.

    *Keep leading from the top. Set the example. Don't be too good to follow your own rules.

    *Get rid of dead weight quicker. If someone isn't cutting it, or doesn't fit into the culture (drags people down, doesn't want to be part of the team), get them out the door. They are only hurting the atmosphere for everyone else.


  10. "Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Knoxville, TN
    Current Employee - Anonymous Employee in Knoxville, TN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual full-time (More than 10 years)

    Pros

    Best entrepreneurial career for those who want to be in sales!

    Cons

    You must work hard and be disciplined

    Advice to Management

    Keep hiring and training the right people!


  11. "Cliquey and focused on Networking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Administrative Assistant in Milwaukee, WI
    Former Employee - Administrative Assistant in Milwaukee, WI
    Neutral Outlook
    No opinion of CEO

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

    Pros

    People are pretty friendly at first, but too much junior high-like gossip and petty behavior. Pay is very good.

    Cons

    Disorganized, a bit lacking in structure as to procedures and clear job functions. An okay atmosphere as long as you say the right thing to the right people at the right time. If not, they can be very cut-throat and corporate on the drop of a dime and without warning.

    Advice to Management

    COMMUNICATION!



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