Northwestern Mutual reviews

4.0

70% would recommend to a friend

(8,243 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 8,243 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
Feb 4, 2020
Recommend
CEO approval
Business Outlook

Pros

Big Company and Nice Buildings

Cons

They have let go of thousands of tenured and mature people. The new big high rise is called "Pension Plaza", as they got rid of everyone's pensions and then built that big building. The place went from being the company to work for, to the company to stay far away from.

1.0
Oct 22, 2019
Recommend
CEO approval
Business Outlook

Pros

The learning here is the only thing that I can think of. They have trainings and seminars that you always have to pay for (haha) but they are packed with great info.

Cons

- NO BASE PAY. - LONG DAYS (with no pay) - SPLIT ALL OF YOUR CAES (with senior agents who know what they're doing: because you have to "pay to play") They will build a dream of selling 100-250K a year by year 4. The product is not a good recommendation for clients: so selling becomes hard since you're selling off of referrals and once you learn enough about permanent life insurance you realize 99% of the people you're pushing it on would be better served putting their money into other vehicles. You aren't a captive agent, but you really are. The only products that are tied to your performance bonus and metrics are the proprietary Northwestern Mutual products. The product is simply not competitive once you learn about what other insurance carriers are selling term and permanent coverage for: so selling this creates a moral dilemma of doing what you know is right or doing what you need to pay your bill? GO LEARN ELSEWHERE: the learning being the only pro isn't bad for someone fresh out of college doing the internship. You will learn relentless hard work ethic that will benefit you when you decide to get a real job 6 months after "volunteering" at Northwestern Mutual. This is a glorified pyramid scheme that is better than the World Financial Groups and Primericas of the world: though not by much.

1.0
Sep 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Pension after 3 years service

Cons

You bid for time off in November for the next year. If you don't get the time off you requested, there is little to no chance of getting time off. Computer systems are ancient and have not been updated since the 1990s. Every process of the job is extremely inefficient and NM has no interest in investing in technology. They also have no interest in paying their employees for the added responsibilities they have piled onto this job role.

Viewing 94 - 96 of 8,243 Reviews

Glassdoor has 12,847 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.