Don't Join Northwestern Mutual Unless You Have Enough Money To Live For 1 Year Without A Paycheck - Financial Representative Northwestern Mutual Employee Review

2.0
Dec 9, 2008
Recommend
CEO approval
Business Outlook

Pros

Northwestern Mutual is a top notch company. Northwestern Mutual prides itself on the idea of Mutual Respect. This "Respect" is not only for its employees and financial representatives but also for its policy owners. Northwestern Mutual calls itself the "Policy Owners Company." You will never have to appologize for Northwestern Mutual because Northwestern Mutual always does the right thing. It is a company you can be proud to work for. Northwestern Mutual has been voted the Most Admired Company for 26 straight years by its peers in the financial world in Fortune Magazine. The other great thing about working for Northwestern Mutual is the Work/Life Balance. The ability to work your own schedule allows a financial representative to attend important family events, help out at your children's school, or take that vacation you have planned without having to worry about the "boss" making you stay for a big meeting. Northwestern Mutual also has a sales training program that is second to none. Even if a career with Northwestern Mutual does not work out, the training you receive will be invaluable in any future endeavor.

Cons

A financial representative at Northwestern Mutual is a contracted employee and is paid strictly on commission. This makes it very difficult for someone who does not have a lot of savings to get through the first few years of small commission checks. Most sales will take 60-120 days from first sales call to actually getting compensated and this long lag time creates a lot of hardship for financial representatives who don't have any savings to turn to. Another issue with Northwestern Mutual is their harsh underwriting. Many times you will submit an application and think that you have made a pretty good commission only to learn that your case has been highly rated (usually involving a much higher premium that your client is unwilling to pay) or straight up declined. These cases are disheartening and there is zero financial support from Northwestern Mutual if this occurs.

Explore other reviews about Northwestern Mutual

5.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team and community with opportunities to grow.

Cons

Work schedule can be tight calendar management is important.

5.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

This internship has allowed me to get real world experience from the very beginning. I've learned how to use LinkedIn Recruiter, make scheduling and screening phone calls, and gotten to shadow the Director of Recruitment during interviews. Compared to other internships that I applied for, Northwestern Mutual has allowed me to have far more exposure to what a real career in recruiting could look like. The office has a great energy and culture, and I am able to participate in fun team events, like going to the Cardinals baseball game. As for career growth, I really admire the emphasis that Northwestern Mutual places on growth and development. Through my time spent around this company, I've been personally and professionally challenged to grow. I've been given books to read, attended leadership meetings, and been given the opportunity to dive deep into my strengths. The management here has encouraged me to explore and shadow different roles to help me make an informed decision about what kind of careers I want to pursue after graduation. Overall, I can't recommend this company enough! They are truly focused on serving their clients well, and developing employees to reach their full potential.

Cons

None, I've had a great experience! This is an environment of growth, so it can require moments of being challenged and stretched to do things outside your comfort zone. I could see some people being uncomfortable with growth, so it's not the environment for everyone! But if you are willing to lean in, it will make such an impact on your life.

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