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Financial Representative

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Financial Representative  in  West Hartford, CT (US)
Current Employee - Financial Representative in West Hartford, CT (US)

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

Pros

Unlimited potential to make a great salary
Manage your own schedule
Great Atmosphere

Cons

Double Edge sword, Freedom to create your own schedule can be your downfall.
If you're not in the right market, it won't work out.

Recommends
Positive Outlook
Approves of CEO

Other Reviews for Northwestern Mutual

  1.  

    Great place to start a career...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative  in  Pittsburgh, PA (US)
    Former Employee - Financial Representative in Pittsburgh, PA (US)

    I worked at Northwestern Mutual full-time for more than a year

    Pros

    Great place/company to gain a structured entrepreneurial experience. If you want to have a structured and repeatable day, then this is the place for you. If you really want to make the big bucks with NML, your goal would be to get into management. However management does not really mean that...it means recruiting and getting people to join. Just be aware of the terms they use versus what you actually do.

    Cons

    Not much creativity available long term. There is not much financial learning for the reps themselves. Very easy to go out and be telling people about financial security, meanwhile your personal life and business are strapped to the edge. Many challenges with their business model, and when you develop and grow your own personality to build a practice, you get back handed remarks for "being yourself". Not great if you want to be creative. You are a sales rep working to sell a product for this company. They make you seem like you are holistic at some points with clients...but you are not when it comes to execution.

    Advice to ManagementAdvice

    Lots of lots of culture changes needed. If they don't change, you will see higher and higher turnover and more rapid decline. The internet and NML is not a good combo for NML--too many people relaying their feelings and they won't join if you don't change something. Treat your reps like gold and then more will stay....clients don't leave because the product is good longer term. And be honest with folks...this is not a place where everyone gets rich...tell people it is about having control of your day---and actually allowing them to do that---and you will get more people to stay rather than saying "you will make lots of money and have lots of free time and work with the best people in the industry...etc etc" because it is only true for a smaller portion. If you give new folks the option to grow to be huge, then let them...if they just want to be happy and small, let them do that as well.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Tough gig, but you learn a lot, even if you can't make it into a career.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Unlimited earning potential, full autonomy with work.

    Cons

    That unlimited earning potential comes at a cost...unlimited amount of time needed to dedicate to being successful.

    Advice to ManagementAdvice

    Hiring large amounts of people to curb against the low retention rate is not an efficient way to set up your financial reps for their future.

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