Financial Analysts are awarded the highest paychecks, with compensation nearing $72K per year on average; Financial Advisors are next on the list, bringing in close to about $55K, followed by Recruiters earning approximately $42K and Executive Assistants making $41K. Financial compensation for Financial Advisor Assistants is rather low — on average only around $37K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($62K annually) can be spotted in the company's headquarter city of Milwaukee, Wisc.; Washington, DC (about $49K), New York, N.Y. ($46K), and Denver, Colo. (approximately $45K) are the next top-paying cities. On the lower end is Grand Rapids, Mich. at around $33K. By state, the highest pay levels are found in Wisconsin, where the average The Northwestern Mutual Life Insurance Company employee makes $62K per year.
Years of Experience
Those who have five to nine years of work experience see average salaries of $53K annually. 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, $39K per year.
Certifications and Degrees
Certified Financial Planners have significantly higher pay than non-accredited workers at $50K annually. Earning a FINRA Series 7 General Securities Representative certification garners significant financial rewards of about $48K per year on average. It pays to have a Bachelor of Business Administration (BBA), Management Information Systems (MIS) at The Northwestern Mutual Life Insurance Company — these employees make the most at around $59K annually.
When it comes to skills, Financial Advisor seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $55K per year. A garden variety skill at The Northwestern Mutual Life Insurance Company is Customer Service; a little less than a fifth of The Northwestern Mutual Life Insurance Company's people use it regularly. Microsoft Office, Microsoft Excel, and Financial Analysis are also desirable skills.
Benefits and Perks
Paid time off is in short supply here, with only two in five workers receiving paid vacation and an eighth of survey participants receiving paid sick days. The Northwestern Mutual Life Insurance Company helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. A majority of respondents receive health insurance, and just over two-fifths of workers get dental coverage. Perks also include life insurance, tuition reimbursement, and flexible hours.