Northwestern Mutual Reviews

Updated 27 August 2014
Updated 27 August 2014
1,298 Reviews

3.7
1,298 Reviews
Rating Trends

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

Review Highlights

Pros
  • If you are one of the few that make it (5%), there is unlimited income potential (in 54 reviews)

  • Unlimited earning potential, full autonomy with work (in 36 reviews)


Cons
  • Will have to sell life insurance to friends and family which could be awkward for some (in 107 reviews)

  • No base salary, commission based work is one of challenge for me (in 40 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Experience

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

    I have been working at Northwestern Mutual as an intern

    Pros

    Great training program. Ability to make your on schedule. Learned how to effectively communicate and collaborate.

    Cons

    Hard position as an intern.

    Recommends
  2.  

    Positive Experience

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

    I worked at Northwestern Mutual full-time for more than 3 years

    Pros

    This career give you unprecedented freedom and ability to have an amazing work/life balance. If possible to succeed in this career you can dramatically impact many lives.

    Cons

    This work life balance takes about 5 years to accomplish. It roughly, the career, does not end up being fit for 95% of people. I suggest you gamble on yourself and take it head on and wish for the best.

    Advice to ManagementAdvice

    Take better care of your younger financial reps, find ways to motivate them and do not loose track of their progress.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Great opportunities, and room for growth.

    Cons

    Commission based and lots of flexibility.

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  5.  

    Great people to work with.

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

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

    Pros

    I interned in wealth management department. I had the opportunity to learn from investment specialists and financial advisor who always took their time to answer my questions

    Cons

    I did not get paid

  6.  

    Rewarding but challenging

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

    I worked at Northwestern Mutual full-time

    Pros

    The people and culture are great. Management in the field and at home office are slow to change and adapt though.

    Cons

    Staff positions are limited. Work/life balance can be challenging.

    Advice to ManagementAdvice

    Study what other companies are doing to keep up with the times. You can keep tradition but still evolve. Recruiters need more opportunities that include no just moving to Home Office.

    Recommends
    Neutral Outlook
  7.  

    Great team environment.

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

    I worked at Northwestern Mutual full-time for more than 3 years

    Pros

    A lot of fun if you enjoy a challenging sales setting.

    Cons

    Initial startup can take time to gain traction.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    World Class

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northwestern Mutual

    Pros

    Income, Flexibility, Environment, Passion, Helping others.

    Cons

    Pay fluctuates. Nothing else really.

  9.  

    Best culture, leadership, and training

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

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

    Pros

    Work environment, visible leadership, mission, vision, values

    Cons

    If you aren't willing to put in the time and effort then it's not for you

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Best Experience ever

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

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

    Pros

    I was an intern for about 6 months and then a full time rep for 6 months. Honestly, it was the BEST experience I've had. Yes, you do call people and try and set meetings with them to go over their finances, insurance needs, etc. You are basically a financial planner. It really opens your eyes to what people need opposed to what they don't have to protect their futures. I loved working with Northwestern Mutual, especially their values. They live each day to embody their vision, and the other reps I worked with were amazing. Everyone is always trying to help you and better you, and also give you feedback when necessary. If you're good at it and stick it out, you can make a ton of money too.

    Cons

    Work life balance doesn't exist in the early part of your career. You struggle the first few years, but if you stick it out than you can make it big. Working strictly off commission can get hard at first too, but again, stick it out long enough and it all pays off

    Advice to ManagementAdvice

    Keep bringing up reps and showing them the right way to go about selling.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Financial Representative Internship

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

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

    Pros

    -good introduction to professional work environment
    -learn about insurance products
    -good way to get foot in the door into insurance and finance
    -passionate team and company
    -very structured training process
    -nice office
    -great mentors available

    Cons

    -strictly sales internship (either you love selling or you hate selling)
    -cold calling

    Advice to ManagementAdvice

    -make it more clear that this is a sales internship to attract people who are interested in sales

    Recommends
    Positive Outlook
    Approves of CEO

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