Northwestern Mutual reviews

4.0

70% would recommend to a friend

(8,236 total reviews)

Timothy J. Gerend

94% approve of CEO

73% positive business outlook

Northwestern Mutual has an employee rating of 4.0 out of 5 stars, based on 8,236 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Northwestern Mutual employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.8 stars).

Reviews by job title

8K reviews
1.0
Sep 15, 2023
Recommend
CEO approval
Business Outlook

Pros

Flexibility . While you are able to set your own schedule, if you fail to embrace their cult-like sales meetings, you likely will not succeed.

Cons

You will feel lied to. You can expect that they will nickel and dime you. Ultimately, the reason they spend so little on marketing products is because they spend so heavily on slimey recruiters that will lie to you to get you in the door. They expect that 95% of the prospects they recruit will fail within the first year and therefore they will steal the family, friends, and “warm market” you bring to build your ‘financial planning practice’ and feed the data they now own as a result of you signing a contract with them, to a career advisor that has been with the company for 10-20 years. That is how they keep their career advisors and wealth managers sustained.

1.0
Aug 10, 2023
Recommend
CEO approval
Business Outlook

Pros

- Met a few good people that I still keep in touch with.

Cons

- very judgmental - they pick favorites - fake management - hostile environment - looked down upon if you are not participating in their “team building” aka drinking at the bar downstairs after work - will put you in uncomfortable situations - 100% not inclusive for those who don't conform to their standards literally if you are anywhere outside the “norm” (white, straight, cisgender, status quo, attractive by their standards) just prepare to be outcasted - passive aggressive management - also just the fact that you’re trying to sell this job to people usually recent college grads desperate for a job, knowing full well that it’s a scam and if someone starts they are very unlikely to make any money at all, yet your telling them they’ll be making six figures - could probably say way more but you get the point

2.0
Jul 11, 2023
Recommend
CEO approval
Business Outlook

Pros

-Everyone is nice and more than willing to help especially joint work because the joint work partner will get half the commission. - they will provide you with good advise to succeed but only IF you can find a market and a GOOD market at that right away. -They pay for license and training material.

Cons

- Cold calling family, friends, and referrals. -They say there isn't cold calling but essentially its what your doing. -Don't expect to get paid for months. - should have close to if not more than 15k saved up before starting. - If you leave they will bill you for network days and insurance. - they expect you to work 12+ hours a day -very much micro management even though they sell you on the idea of "owning your own business and schedule" you will have to show up for "mandatory" things. They can't say mandatory but basically if you don't show up they will let you go. - They will sell you on the idea that your going to make 200k within 3 years. Don't drink the Kool-Aid. Several advisors while I was there were moving in with their parent, getting foreclosure notices, barely scrapping by and they were doing everything required if not more! - you have to meet minimum requirements to work there. Therefore not owning your own business like they claim. - Pretty much everything they sold me on to get in the door was not accurate and several advisors were complaining to me when I started about how much its not like anything they tell you. - Even if you made a sale you had to wait several weeks before seeing money due to underwriting and paperwork. -basically to succeed you need to be cold calling constantly, have no personal life, and no bills to pay. They tell you right away in training you should be working 12+ hours a day and a minimum 5 days a week to succeed. They think 2 hours a day with your family is enough.

Viewing 58 - 60 of 8,236 Reviews

Glassdoor has 12,837 Northwestern Mutual reviews submitted anonymously by Northwestern Mutual employees. Read employee reviews and ratings on Glassdoor to decide if Northwestern Mutual is right for you.