Average Salary for The Northwestern Mutual Life Insurance Company Employees

Headquartered in Milwaukee, Wisc., The Northwestern Mutual Life Insurance Company offers a range of employment opportunities in the insurance industry, from Associate Financial Representative to Financial Advisor. The Northwestern Mutual Life Insurance Company employees typically bring home $44K annually. How long you've been working is the biggest factor affecting pay for The Northwestern Mutual Life Insurance Company workers, followed by what you do at the company and your city. The data for this overview comes from answers to PayScale's salary questionnaire.

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Employer: The Northwestern Mutual Life Insurance Company
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
[-]Associate Financial Representative (31)
$29,299 - $50,111  
[-]Associate Financial Representative (31)
Salary$29,590 - $47,010  
Bonus$-0.50 - $6,953  
Total Pay$29,299 - $50,111  
[+]Financial Advisor (8)
$35,852 - $157,207  
[+]Financial Advisor (8)
Salary$32,895 - $125,018  
Bonus$756 - $21,320  
Total Pay$35,852 - $157,207  
[+]Executive Assistant (8)
$30,461 - $66,793  
[+]Executive Assistant (8)
Salary$30,765 - $64,421  
Bonus$432.78 - $8,478  
Total Pay$30,461 - $66,793  
[+]Administrative Assistant (6)
$20,977 - $45,178  
[+]Administrative Assistant (6)
Bonus$20.10 - $2,509  
Total Pay$20,977 - $45,178  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
Country: United States | Currency: USD | Updated: 12 Dec 2014 | Individuals Reporting: 178
United States (change)

About This Company

720 E. Wisconsin Ave.
Milwaukee, Wisconsin 53202


Insurance, Financial Services

Northwestern Mutual, Northwestern Mutual Financial Network, Northwestern Mutual Investment Services, Northwestern Mutual Life Insurance Co.

Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Survey participants who have worked at The Northwestern Mutual Life Insurance Company for between five and ten years earn about $50K on average. The largest fraction of The Northwestern Mutual Life Insurance Company people (46 percent) have been working for one to four years and earn around $39K per year.


Financial Advisors earn the highest median pay at approximately $61K, followed by Certified Financial Planners ($50K), Operations Managers ($43K), and Executive Assistants ($40K). The Northwestern Mutual Life Insurance Company hands out some of the smallest paychecks to Office Managers ($30K).


Median pay is highest in the company's headquarter city of Milwaukee (around $67K annually), followed by New York ($46K), Downers Grove ($45K), and Seattle (approximately $43K). Those interested in increasing earning potential should avoid the city of Chicago — at about $39K, salaries are some of the lowest in the country. Pay rates in the United States are highest in the state of Wisconsin, where they average to $67K per year.

Certifications and Degrees

Salaries approach approximately $52K for Chartered Life Underwriters; non-accredited workers make much less. Becoming a Certified Financial Planner can certainly pay off here; those folks make about $50K. Employees who have a Bachelor of Science in Computer Science (CS) make the most here, hauling in $75K annually.


Employees who count Financial Advisor among their skills tend to enjoy higher pay; the median for this group is $78K. It's pretty common to find people here who know Financial Analysis; just under one-fifth consider it a key competency. Some other standard skills here are Microsoft Office, Customer Service, and Customer Relationship Management.

Benefits and Perks

Quite a few retirement plans are on offer at The Northwestern Mutual Life Insurance Company, including a 401(k) plan and a company pension plan. Perks cover health insurance for most workers and dental coverage for one-half. Some other advantages of working at The Northwestern Mutual Life Insurance Company are life insurance, tuition reimbursement, gym membership, and flexible hours.

The Northwestern Mutual Life Insurance Company Job Listings

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Key Stats for The Northwestern Mutual Life Insurance Company


68 %
32 %
$30,144 - $49,539
$33,964 - $75,000
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

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