Northwestern Mutual Reviews | Glassdoor

Northwestern Mutual Reviews

Updated July 17, 2017
1,732 reviews

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1,732 Employee Reviews

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Pros
Cons
  • You will be asking them to give you numbers for close friends and family (in 327 reviews)

  • The turnover rate is very high because there is no base salary for full-time reps (in 121 reviews)

More Pros and Cons

  1. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Field Director in Los Angeles, CA
    Current Employee - Field Director in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There is a untarnished record I have never had to apologize for with Northwestern Mutual. It starts by doing what's right for the client who are essentially owners of the company due to it's mutual structure.

    Technology in the 4 years has improved dramatically, going from an arcane enterprise customer management system to leveraging the power of Microsoft CRM which integrates with all other enterprise platforms and now doing everything digital and paperless.

    The opportunity to make and have an impact in the Los Angeles area is even bigger than it was before as we enter into more diverse marketplaces and expand our reach with the advisors we have on the ground.

    Cons

    Finding the right person who fits into this culture and industry can be a challenge. It's a great career for the right person who has the discipline, work ethic, and hunger for growth and success.

    Advice to Management

    Downtown LA, West LA, and Irvine are great offices so we need more to grow to our potential - open more in the South Bay, Pasadena, San Fernando Valley, and Inland Empire.


  2. Helpful (1)

    "Not for all, amazing for those with drive"

    StarStarStarStarStar
    • 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 8 years)

    Pros

    You have complete control. Pension. Deferred Comp. You own your own business.

    Cons

    If you don't know for sure that you want to be in financial planning, you won't make it through the first 2 years. It's a hard but rewarding job if you want it.

  3. "Financial representative intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - College Financial Representative in Troy, MI
    Current Intern - College Financial Representative in Troy, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northwestern Mutual as an intern (More than a year)

    Pros

    Excellent company, great culture, unlimited income potential. The culture and structure of the internship is excellent and will give any intern an opportunity to step out of his or her comfort zone.

    Cons

    Almost all of an intern's earnings are made from commission, lots of phone calling, can be difficult to succeed without a good market.

    Advice to Management

    Keep up the great culture at Northwestern Mutual!


  4. Helpful (1)

    "Horrible"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Cleveland, OH
    Current Employee - Anonymous Employee in Cleveland, OH

    Pros

    Location of company. NOTHING else

    Cons

    AWFUL, so dysfunctional. Groth was paying college graduates less than people make at McDonalds. Pulled the wool over your eyes every chance he could.

    Advice to Management

    Managing partner / HR never stepped in


  5. "Financial Planning"

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

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

    Pros

    Best company and culture in America

    Cons

    you have to build a business from scratch


  6. "Working for NM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Representative in Fort Wayne, IN
    Current Employee - Associate Financial Representative in Fort Wayne, IN
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    work life balance is okay

    Cons

    Little benefits of being an associate. It's whatever your FR pays for for you

    Advice to Management

    don't micromanage


  7. "If you want to get into insurance this is the place to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Wealth Management Advisor in Denver, CO
    Current Employee - Associate Wealth Management Advisor in Denver, CO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work-life balance. Everyone here is friendly. In addition, you learn a ton about good habits for money management that will help you in the future.

    Cons

    Unless you are an advisor, upward mobility and compensation are limited.

  8. "Financial Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Bowling Green, KY
    Current Employee - Financial Representative in Bowling Green, KY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Autonomous, commission-based pay, and world-class training.

    Cons

    Long and strenuous interview and hiring process.

    Advice to Management

    Keep up the good work.


  9. "Love it here!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook

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

    Pros

    People are extremely friendly and happy to help if you need it. I have a very flexible schedule that accommodates my class and school activities.

    Cons

    The office is very bland in color and can be hard work in sometimes. Also if you are in the middle and not near the windows you barely see sunlight until you leave.


  10. "Good and bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Representative in Provo, UT
    Current Employee - Associate Financial Representative in Provo, UT
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Lots of money to be made
    Wide variety of specialty opportunities

    Cons

    Compensation when beginning is tough to live on
    Not for you if you don't want to sell insurance

    Advice to Management

    Be more supportive of the investment side of employees' practices


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