Northwestern Mutual

www.northwesternmutual.com

Northwestern Mutual Reviews

Updated 26 January 2015
Updated 26 January 2015
1,553 Reviews
3.7
1,553 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northwestern Mutual Chairman and CEO John E. Schlifske
John E. Schlifske
333 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.  

    I worked at Northwestern Mutual as an intern

    Pros

    Opportunities to make decent money.

    Cons

    You have to exploit your network of friends and family.

  2. 1 person found this helpful  

    Great Experience. Not for everyone.

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

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

    Pros

    Great environment and culture to work in. Everyone wants to see you succeed and it shows with the way more experienced reps are willing to help you. Best advice to give is do joint-work AS MUCH AS POSSIBLE. Best way to learn early on and start to get a hang of the job. One of the best things I took away from this internship was all the personal finance knowledge you learn for yourself along the way.

    Cons

    Some days are tough. Clients blow off meetings, no one answers their phones, etc. Easy to get discouraged. It's like baseball: even the best reps only bat about .300 when it comes to succeeding. It will start to feel like your friends and family are the only people you can get through to. The great work/life balance is almost a con as well. If you aren't a self-motivated type of person, there may be too much freedom for you. Very easy on those bad days to close up shop and go do something else, because no one will tell you you can't. You literally get what you put into this job.

    Advice to ManagementAdvice

    I have nothing but good things to say about the managers I met and worked for. The only reason I didn't stay with Northwestern was to experience a different kind of internship before I made any career decisions. Class act organization.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Different

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

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

    Pros

    Pays for training, also offers commission on those you sell the insurance to.

    Cons

    They want you to ask friends and family to buy their insurance. Better than cold calling but may ruin relationships.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    Best in the industry

    • 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

    Pros

    A company with much integrity and a great company culture

    Cons

    VERY hard to be a sales rep!

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    The company was home to me for many many years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)

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

    Pros

    Working there was great. The support received from the hone office is unmatched.

    Cons

    Individual leadership. After mandatory retirement for leaders at 65, you sometimes get far inferior leaders that step in.

    Advice to ManagementAdvice

    Recognize loyalty when its there.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    Great learning experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor Intern in Dallas, TX (US)
    Current Employee - Financial Advisor Intern in Dallas, TX (US)

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

    Pros

    -Great work life balance
    -Ability to set your own schedule
    -Opportunity to earn a very high income
    -Most people are willing to help you get ahead

    Cons

    -Commission only
    -There is a bit of a learning curve for people that do not have a whole lot of sales or customer service experience.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Financial Representative

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

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

    Pros

    Create your own hours and schedule, rewarding, strongest company in the industry, fantastic support and learning environment, reps are treated very well, created a simple, repeatable process. As part of the College program I highly recommend it because the experience and knowledge you gain about being a professional and about financial services is invaluable. However, I do not see myself pursuing this career post-graduation.

    Cons

    Commission, no base pay. It is very challenging at beginning of career to build your book of business (no leads are provided, they are all self-generated). In order to create any success, you must call every person you've ever met at the beginning. If this is a problem for you, you will not be able to make it in the first few months. Full time reps very often end up working 40+ hours a week, you definitely don't leave work at work, it comes home with you.

    Advice to ManagementAdvice

    Base pay would be very helpful.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Financial Representative

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Good working environment, friendly people

    Cons

    Commission based, some times have to work weekends

  10.  

    Intern Introduced to the Modern Business World

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

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

    Pros

    If you are a salesman I think no other job in the world will do. Great earning potential. I enjoyed most of my co-workers. Tons of sales training. Plenty of opportunities to move up in the office environment.

    Cons

    Pure sales commission environment. You are expected to start your business immediately. Could be a locker room/boys club mentality in the intern and new rep. cube farm. Endless sales cliches.

    Advice to ManagementAdvice

    I never had any issues with management. In my office they were good people and always willing to help. Management was active in training new hires and passing on experience and information.

    Recommends
    Neutral Outlook
    No opinion of CEO

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