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. Employees at The Northwestern Mutual Life Insurance Company make $46K per year on average. Your job title primarily drives compensation; however, your experience level and your city are also reported as secondary influences on salary at The Northwestern Mutual Life Insurance Company. The data in this summary comes from the PayScale salary survey.

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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


Insurance, Financial Services

Northwestern Mutual, Northwestern Mutual Financial Network, Northwestern Mutual Investment Services, Northwestern Mutual Life Insurance Co.

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Business Consultants are the best paid with the average salary hovering at around $87K annually; Financial Advisors, Recruiters, and Associate Financial Representatives also rank near the top of the list, pulling in $49K, approximately $44K, and about $37K, respectively. Among the lower-paid positions at The Northwestern Mutual Life Insurance Company are Financial Representatives — the median salary for this role approaches $24K.

Years of Experience

For those with five to nine years of experience, average earnings amount to $59K per year. The greater proportion of employees (52 percent) report one to four years of experience and bring home median pay of $40K annually.


When it comes to location, the highest average paycheck ($64K per year) can be spotted in the company's headquarter city of Milwaukee, Wisc.; Boston, Mass. (about $57K), New York, N.Y. (around $51K), and Los Angeles, Calif. ($50K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Colorado Springs, Colo. — at approximately $31K, salaries are some of the lowest in the country. Within the firm, employees working in Wisconsin take home the most — $63K annually on average.

Certifications and Degrees

Salaries approach $50K per year for Certified Financial Planners; non-accredited workers make much less. The highest-paying degree here is a Master of Business Administration (MBA), Business Administration; The Northwestern Mutual Life Insurance Company awards about $96K to these degree-holders.


The highest-paying skill in this position seems to be Investment Planning; individuals who report it as part of the repertoire have a median income of approximately $49K annually. Customer Service is a popular skill among The Northwestern Mutual Life Insurance Company workers, with about a fourth of those surveyed reporting using it on the job. Many workers usually know Insurance, Microsoft Excel, and Financial Analysis as well.

Benefits and Perks

Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. Perks cover health insurance for the larger part of survey participants and dental coverage for more than two-fifths of workers. A few more workplace perks are life insurance, tuition reimbursement, flexible hours, and gym membership.

The Northwestern Mutual Life Insurance Company Employer Job Listings

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Key Stats for The Northwestern Mutual Life Insurance Company


61 %
39 %
$27,652 - $52,889
$34,432 - $68,499

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more
Years in Fields/Career:
United States (change)

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