Northwestern Mutual

www.northwesternmutual.com
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Northwestern Mutual Reviews

Updated 5 March 2015
Updated 5 March 2015
1,625 Reviews
3.7
1,625 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
360 Ratings

Review Highlights

Pros
  • Unlimited income potential, office culture, ten week program (test drive the industry) (in 56 reviews)

  • Unlimited earning potential, full autonomy with work (in 39 reviews)


Cons
  • Will have to sell life insurance to friends and family which could be awkward for some (in 119 reviews)

  • There is no base salary so getting started is very difficult (in 46 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great company

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - College Financial Representative
    Current Employee - College Financial Representative

    I have been working at Northwestern Mutual

    Pros

    The culture is great. Everyone wants you to succeed and are willing to help you. This is not a regular internship. You actually do what real advisers do. I've learned a lot about the finance industry working with Northwestern. There's a huge opportunity to make a lot of money here.

    Cons

    This job is only commission based. It's a hard job especially reaching out to people to make appointments with you.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great Experience

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

    I worked at Northwestern Mutual

    Pros

    I had total control of my own practice. I could set my own hours, do business wherever I wanted, and sell virtually any type of financial product I wanted (as long as I obtained the appropriate license). Northwestern does not restrict its agents from selling products of other companies, but Northwestern's products were so good, I rarely had to present other companies' products.

    Cons

    The income is very inconsistent because it's 100% commission. But, the income is unlimited and no one is looking over your shoulder, so I felt like it was worth the ups and downs.

    Advice to ManagementAdvice

    Continue keeping the policyholder #1!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great company, culture, training and opportunity. Not for everyone. Definitely survival of the fittest.

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

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

    Pros

    The training is worth it alone. I have business owner friends that would love to learn my systems and business processes. Good mentors. Good product and process

    Cons

    It's eat what you kill. Many don't make it. Work life balance is bad early on.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Real estate market analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Analyst in Milwaukee, WI (US)
    Current Employee - Real Estate Analyst in Milwaukee, WI (US)

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

    Pros

    Very collaborative workplace with extensive interaction with senior management. Broad work experience in all real estate product types and geographies. Both fixed income and equity investing provides exposure to JV development. Great work-life balance, benefits, and quality of life.

    Cons

    Probably below industry-average compensation, however this is partially offset by great health and retirement benefits

    Recommends
    Positive Outlook
  6.  

    Great work environment

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

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

    Pros

    Excellent training
    Unlimited earning potential
    Flexible schedule

    Cons

    No base salary
    Personal benefits are limited (high deductible health plans only)

    Recommends
    Positive Outlook
  7.  

    Best company in the industry. Job is very difficult but pays huge rewards.

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

    I worked at Northwestern Mutual

    Pros

    Huge income potential, very flexible, you are your own boss

    Cons

    They preach freedom, yet consistently micro manage your every move until you are successful. For some like me, it's too much to handle.

    Advice to ManagementAdvice

    Give employees breathing room if they show they need it.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Financial Rep

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Financial Representative in Tampa, FL (US)
    Current Contractor - Financial Representative in Tampa, FL (US)

    I have been working at Northwestern Mutual as a contractor (less than a year)

    Pros

    great company, great training, great working environment

    Cons

    100% commission based which is really difficult to start your career.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Financial representative Intern.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Financial Representative Intern in Rockford, IL (US)
    Former Intern - Financial Representative Intern in Rockford, IL (US)

    I worked at Northwestern Mutual as an intern (less than a year)

    Pros

    There is huge earning potential, great learning opportunity, large personal growth, and great corporate culture (always was pushed to do what was best for clients, not just selling a product).

    Cons

    You will be calling on your friends and family and talking about finances and insurance. This is a difficult topic for many people and is difficult to talk about. Makes it difficult to sell and make commissions at times.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Incredible company to work for. More mentoring, coaching, and training than you could ask for.

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

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

    Pros

    Training is unparalleled. Products are the best in the country

    Cons

    No base pay, need to pay for a lot of things like office rent and staff.

    Advice to ManagementAdvice

    The environment needs to be more supportive from a team perspective, not an individual perspective.

    Recommends
    Positive Outlook

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