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. The average The Northwestern Mutual Life Insurance Company employee earns $47K annually. At The Northwestern Mutual Life Insurance Company, the biggest piece of the paycheck puzzle is how long you've been working — it impacts salary more than anything else — though your job title and geography each factor into the equation as well. The data for this overview comes from answers to PayScale's salary questionnaire.

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The Northwestern Mutual Life Insurance Company Median Salary by Job


Associate Financial Representative
37 profiles

Financial Advisor
18 profiles

Associate Financial Planner
9 profiles

United States (change)

9 profiles

Director of Operations
8 profiles

Financial Advisor Assistant
8 profiles

Executive Assistant
7 profiles

See all degrees for The Northwestern Mutual Life Insurance Company »
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 274
  • View Table

Find out more about pay at The Northwestern Mutual Life Insurance Company

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.

Source: Freebase

Years of Experience

Those who have five to nine years of work experience see average salaries of $63K per year. The largest fraction of The Northwestern Mutual Life Insurance Company people (49 percent) have been working for one to four years and earn around $41K annually on average.


Earning $81K per year on average, Directors of Operations receive the most money, followed by Financial Advisors ($47K), Recruiters (approximately $43K), and Associate Financial Planners (about $40K). Among the lower-paid positions at The Northwestern Mutual Life Insurance Company are Financial Advisor Assistants — the median salary for this role approaches around $38K.


When it comes to location, the highest average paycheck (about $72K annually) can be spotted in the company's headquarter city of Milwaukee, Wisc.; Boston, Mass. ($70K), New York, N.Y. ($60K), and Denver, Colo. ($51K) are the next top-paying cities. High paychecks are not found in Atlanta, Ga.; in fact, at approximately $40K it is one of the worst-paid cities. By state, the highest compensation levels appear in Wisconsin, where the average salary is $71K per year.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Certified Financial Planners, who make about $65K annually. Uniform Combined State Law Holders also rank high on the pay scale, with expected average earnings of $60K per year. The highest-paying degree here is a Master of Business Administration (MBA), Management Information Systems (MIS); The Northwestern Mutual Life Insurance Company awards $108K to these degree-holders.


In this role, the best-paying skill appears to be Investment Management; individuals who claim it among their capabilities enjoy a higher median salary of approximately $59K annually. Customer Service is regularly seen around here; one in four of those surveyed report it as a core competency. Employees also tend to know Insurance, Financial Analysis, and Financial Applications.

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. For the larger part of workers, benefits include health insurance, and one-half get dental coverage, too. Privileges also include life insurance, tuition reimbursement, flexible hours, and gym membership.

The Northwestern Mutual Life Insurance Company Job Listings

Key Stats for The Northwestern Mutual Life Insurance Company


60 %
40 %
$29,466 - $57,343
$34,514 - $71,777

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 94 votes.
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more
$29,661 - $73,127
$27,708 - $57,166
$36,239 - $73,698
$70,496 - $105,000

Popular Locations for The Northwestern Mutual Life Insurance Company

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