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Average Salary for The Northwestern Mutual Life Insurance Company Employees

Operating out of Milwaukee, Wisc., insurance company The Northwestern Mutual Life Insurance Company employs talent in positions ranging from Associate Financial Representative to Financial Advisor. Employees at The Northwestern Mutual Life Insurance Company make $44K annually on average. The most important factor affecting pay for The Northwestern Mutual Life Insurance Company employees is your role at the company, though where you live and how long you've been working play a role as well. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

The Northwestern Mutual Life Insurance Company typically pays:
-6%
below market
Similar employers pay:
5%
above market
Employer: The Northwestern Mutual Life Insurance Company
Average Salary Range by Job

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United States (change)


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About This Company

720 E. Wisconsin Ave.
Milwaukee, Wisconsin 53202

1857

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

Jobs

The highest paychecks go to Financial Analysts, who earn an average approximately $72K per year, closely trailed by Financial Advisors ($60K), Recruiters (around $42K), and Executive Assistants (about $41K). Near the bottom at The Northwestern Mutual Life Insurance Company are Financial Advisor Assistants, pulling in an average of just $36K.

Locations

When it comes to location, the highest average paycheck ($65K annually) can be spotted in the company's headquarter city of Milwaukee, Wisc.; New York, N.Y. (approximately $47K), Downers Grove, Ill. ($45K), and Denver, Colo. (around $45K) are the next top-paying cities. On the lower end is Grand Rapids, Mich. at about $33K. U.S. pay levels are highest in the state of Wisconsin; salaries there average to $64K per year.

Years of Experience

Survey participants who have worked at The Northwestern Mutual Life Insurance Company for between five and 10 years earn $51K annually on average. The largest slice of the The Northwestern Mutual Life Insurance Company workforce (49 percent) has been working for one to four years and earns, on average, $38K per year.

Certifications and Degrees

Certified Financial Planners have significantly higher pay than non-accredited workers at $49K annually. The highest-paying degree here is a Master of Business Administration (MBA); The Northwestern Mutual Life Insurance Company awards approximately $106K to these degree-holders.

Skills

In this position, it pays to have Sales in your toolkit; employees who claim proficiency enjoy a higher median salary of about $60K per year. Customer Service is considered a run-of-the-mill skill; a little less than one-fifth of The Northwestern Mutual Life Insurance Company's people use it regularly. Other top skills include Financial Analysis, Microsoft Office, and Microsoft Excel.

Benefits and Perks

Paid time off is hard to come by at The Northwestern Mutual Life Insurance Company; the company rewards only 44 percent with paid vacation time and only an eighth of workers with sick leave. Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Perks cover health insurance for a majority of employees and dental coverage for approximately one-half. The Northwestern Mutual Life Insurance Company folks also make good use of life insurance, tuition reimbursement, and flexible hours.

The Northwestern Mutual Life Insurance Company Job Listings

We were unable to find any job listings. With PayScale's Job Search Engine you can search one of the web's most comprehensive job listings databases, so give it a try.

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Key Stats for The Northwestern Mutual Life Insurance Company

Gender

Female
68 %
Male
32 %
Salary
$29,575 - $50,523
Salary
$34,150 - $69,706
Less than 1 year
10%
1-4 years
47%
5-9 years
18%
10-19 years
18%
20 years or more
7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
United States (change)

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