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Milwaukee, Wisconsin-based The Northwestern Mutual Life Insurance Company hires for positions ranging from Associate Financial Representative to Financial Advisor in the insurance industry. Employees at The Northwestern Mutual Life Insurance Company make $44K annually on average. How long you've been working is the biggest factor affecting pay for The Northwestern Mutual Life Insurance Company workers, followed by geography and your job title. This report is based on answers to PayScale's salary questionnaire.
Job (Number Reporting)
|$29,163 - $50,562|
|Salary||$29,479 - $47,917|
|Bonus||$-0.50 - $6,953|
|Total Pay||$29,163 - $50,562|
|$35,695 - $158,511|
|Salary||$33,335 - $125,329|
|Bonus||$760 - $19,227|
|Total Pay||$35,695 - $158,511|
|$21,437 - $45,941|
|Salary||$25,870 - $46,209|
|Bonus||$28.89 - $2,955|
|Total Pay||$21,437 - $45,941|
|$29,733 - $64,279|
|Salary||$29,840 - $61,614|
|Bonus||$409.39 - $7,475|
|Total Pay||$29,733 - $64,279|
Country: United States | Currency: USD | Updated: 7 Nov 2014 | Individuals Reporting: 170
Survey participants who have worked at The Northwestern Mutual Life Insurance Company for between five and ten years haul in $52K on average. A typical employee has one to four years of experience and earns around $40K per year.
Median pay is highest in the company's headquarter city of Milwaukee (approximately $69K annually), followed by New York (about $45K), Denver ($45K), and Atlanta ($39K). Ames is near the bottom for pay at $33K. By state, the highest compensation levels appear in Wisconsin, where the average salary is $68K per year.
Financial Advisors are awarded the highest paychecks, with compensation nearing about $61K; Certified Financial Planners are next on the list, bringing in close to $50K, followed by Operations Managers earning around $43K and Development Officers making approximately $41K. Among the lower-paid positions at The Northwestern Mutual Life Insurance Company are Registered Investment Assistants — typical salaries for this role approach about $36K.
Chartered Life Underwriters receive bigger paychecks ($52K) than those without credentials. FINRA Series 7 General Securities Representatives also rank high on the pay scale, with expected earnings of approximately $52K annually. It pays to have a B.A. in Economics at The Northwestern Mutual Life Insurance Company — these employees make the most at $79K per year.
Skill-wise, employees who report Financial Advisor as part of the toolkit report the most money, earning $78K on average. One of the more prevalent skills at The Northwestern Mutual Life Insurance Company is Financial Analysis, with a little less than a fifth considering it a key competency. Many workers are also familiar with Customer Service, Microsoft Office, and Customer Relationship Management.
With an eye toward the future, The Northwestern Mutual Life Insurance Company offers several choices in retirement planning such as a 401(k) plan and a company pension plan. At The Northwestern Mutual Life Insurance Company, just over a half of workers have health insurance, and a little over a half of workers have dental coverage. Additional benefits of working here are life insurance, tuition reimbursement, flexible hours, and gym membership.
$30,284 - $49,985
$33,894 - $81,440
|Extremely satisfied||Rated 5 out of 5
based on 42 votes.
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