Earning approximately $72K per year on average, Financial Analysts receive the most money, followed by Financial Advisors ($55K), Executive Assistants (around $41K), and Investment Advisor Assistants ($37K). Administrative Assistants are among the lowest paid at a median salary of about $33K.
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. ($43K) are the next top-paying cities. Grand Rapids, Mich. is near the bottom for pay at approximately $33K. By state, The Northwestern Mutual Life Insurance Company employees make the most in Wisconsin, earning around $62K per year on average.
Years of Experience
Survey participants who have worked at The Northwestern Mutual Life Insurance Company for between five and 10 years earn $52K annually on average. The largest slice of the The Northwestern Mutual Life Insurance Company workforce (50 percent) has been working for one to four years and earns, on average, around $38K per year.
Certifications and Degrees
Salaries approach $49K annually for Certified Financial Planners; non-accredited workers make much less. Bigger paychecks are awarded to FINRA Series 7 General Securities Representatives with credentials; these people earn approximately $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 $59K annually.
In this role, the best-paying skill appears to be Sales; individuals who claim it among their capabilities enjoy a higher median salary of about $56K per year. A skill that is commonly seen around here is Customer Service; a little less than a fifth deem it necessary for work. Many workers usually know Microsoft Office, Microsoft Excel, and Financial Analysis as well.
Benefits and Perks
Paid time off is in short supply here, with only two in five employees receiving paid vacation and one in eight 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. The larger part of employees can count on health insurance, and roughly one-half of workers have dental coverage as a benefit. The company also dishes out perks such as life insurance, tuition reimbursement, and flexible hours.