Average Salary for The Northwestern Mutual Life Insurance Company Employees

The Northwestern Mutual Life Insurance Company is a insurance firm headquartered in Milwaukee, Wisc. that hires for Associate Financial Representative positions, Financial Advisor roles, and more. A salary of $46K annually is the median rate at The Northwestern Mutual Life Insurance Company. Your job title primarily drives compensation; however, how long you've been working and where you live are also reported as secondary influences on salary at The Northwestern Mutual Life Insurance Company. This overview is based on answers to PayScale's salary questionnaire.

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Employer: The Northwestern Mutual Life Insurance Company
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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.


Source: Freebase

Jobs

The highest paychecks go to Directors of Operations, who earn an average about $81K per year, closely trailed by Financial Advisors ($49K), Associate Financial Planners (approximately $40K), and Associate Financial Representatives (around $38K). Financial compensation for Financial Representatives is rather low — on average only $28K — relative to the rest of the company.

Years of Experience

Survey participants who have worked at The Northwestern Mutual Life Insurance Company for between five and 10 years earn $60K annually on average. Broken down by tenure, the largest share of The Northwestern Mutual Life Insurance Company employees (51 percent) have one to four years of experience and earn $41K per year on average.

Locations

When it comes to location, the highest average paycheck (approximately $69K annually) can be spotted in the company's headquarter city of Milwaukee, Wisc.; Boston, Mass. ($64K), New York, N.Y. ($57K), and Denver, Colo. (around $49K) are the next top-paying cities. Expected earnings are below average (about $40K) in Atlanta, Ga., one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $69K per year) in Wisconsin.

Certifications and Degrees

Salaries approach $62K annually for Certified Financial Planners; non-accredited workers make much less. Becoming an Uniform Combined State Law Holder can certainly pay off here; those folks make around $59K on average. It pays to have an Associate of Science (AS) at The Northwestern Mutual Life Insurance Company — these employees make the most at about $95K per year.

Skills

When it comes to skills, employees who report Financial Analysis among their abilities seem to make the most, reporting a median income of approximately $50K annually. Customer Service is a popular skill in the The Northwestern Mutual Life Insurance Company workforce; one in four of those surveyed report putting it to use in their jobs. Three more common skills are Insurance, Financial Applications, and Microsoft Excel.

Benefits and Perks

Paid time off is scarce, with only about a third of survey participants receiving paid vacation and about one in ten workers receiving sick leave. 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. Perks cover health insurance for the larger part of respondents and dental coverage for just over two-fifths of workers. The Northwestern Mutual Life Insurance Company employees also enjoy perks such as life insurance, tuition reimbursement, and flexible hours.

The Northwestern Mutual Life Insurance Company Employer Job Listings

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Key Stats for The Northwestern Mutual Life Insurance Company

Gender

Female
62 %
Male
38 %
Salary
$29,456 - $55,434
Salary
$33,576 - $68,095

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 77 votes.
Less than 1 year
9%
1-4 years
53%
5-9 years
17%
10-19 years
16%
20 years or more
5%
$27,812 - $53,686
$27,220 - $70,532
$35,868 - $50,000
$68,474 - $86,568
Location:
Years in Fields/Career:
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