Northwestern Mutual reviews

4.0

70% would recommend to a friend

(8,240 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 8,240 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
2.0
Sep 27, 2023

Free lunch isn't worth it

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free lunch Beautiful Building Flexible work hours/schedule I had a fantastic manager, although I believe that was the exception not the rule

Cons

PAY - way below market value, in my particular case I received the highest remarks one can on their annual review and got a 1% raise while inflation is at an all time high. I did receive a solid bonus but that is not guaranteed year after year. Political - marketing higher ups all fighting to get their way, makes every task very difficult. A particular example is a marketing colleague was at too low of a position and was asked to not join a meeting in person but rather virtually. Stressful & cutthroat - tying into the politics, there is a very stressful and uneasy feeling to the department. Everyone is constantly blaming another team versus finding a solution. After leaving NM, it was very easy to see how much the stress was normalized. I would not recommend NM as a place to work. Save yourself the headache.

1.0
Sep 5, 2023
Recommend
CEO approval
Business Outlook

Pros

None Get A Different Job

Cons

-Toxic and immature management -> management will mislead, lie, shame, and grill you constantly. They won’t tell you until well into training that it is a SALES job (that word wasn’t used in any interview process for instance) and that senior advisors take 50% of your commissions for any joint work meeting which they will pay you a stipend to do a minimum amount of joint work meetings per week. -Zero, and I mean ZERO pay for MONTHS -> joint work meeting bonus are only way to make any money but they will take your clients, taking 50% of all potential earnings. -> you will have to hound management to even get your bonuses -you will be forced to call every single person you have ever met and telemarket insurance to them. You sell insurance before ALL else. -You will have to fight to take your investment license exams because management will say studying will impede your phone dialing… aka telemarket sales.

2.0
Aug 4, 2023

Not worth it

Recommend
CEO approval
Business Outlook

Pros

Remote work, nice people to work with

Cons

Micromanaging. All about performance performance performance. numbers numbers numbers. I understand these affect the company as a whole but throwing an employee in right away with little training and knowledge does not help. All they want is for people to be on the phones and take calls. Coaches and leadership do what they can, and what they are allowed, but in the end higher up management needs to handle training better. They hire 3-4 groups a year of 50+ people, and have such a high turnover rate due to people not feeling confident in the job, due to not being trained effectively.

Viewing 73 - 75 of 8,240 Reviews

Glassdoor has 12,843 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.