Average Northwestern Mutual Salary: By Location, Job Title, and Department

Updated July 8, 2021

Average Northwestern Mutual Salary

$38,000 yearly

$18.27 hourly

Entry level Salary

$18,000 yearly

$18,000

10 %

$38,000

Median

$80,000

90 %

How Much Does Northwestern Mutual Pay?

On a national level, workers at Northwestern Mutual earn an average salary of $38,919 per year, or $18.71 an hour.

If you are in the top 10th percent of earners, you can expect to make an average salary over $80,000 a year, but if you're in the bottom 10 percent of earners, your salary could be less than $18,000 a year.

How much should you get paid?

Tell us about yourself to get a free, personalized Zippia Salary Report and suggestions on how to increase your pay.

Northwestern Mutual Jobs

Highest Paying Jobs At Northwestern Mutual

While the average employee salary at Northwestern Mutual is $38,919, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Northwestern Mutual include wealth management advisor, development director, recruitment director, and operations manager. A typical wealth management advisor salary at Northwestern Mutual is $136,443 per year. Some of the other roles at Northwestern Mutual are receptionist and finance representative. A worker with the title receptionist at Northwestern Mutual earns an average salary of $26,020 per year.

Rank	Job Title	Average Salary	Hourly Rate
1	Wealth Management Advisor	$136,443	$65.60
2	Development Director	$122,847	$59.06
3	Recruitment Director	$110,323	$53.04
4	Operations Manager	$103,113	$49.57
5	Senior Engineer	$101,135	$48.62
6	Java Developer	$95,410	$45.87
7	Employee Benefits Specialist	$77,860	$37.43
8	Executive Assistant	$75,620	$36.36
9	Recruiter	$68,932	$33.14
10	Insurance Agent	$67,639	$32.52
11	Sales Representative	$59,051	$28.39
12	Sales Agent	$55,732	$26.79
13	Recruiting Coordinator	$42,579	$20.47
14	Office Manager	$38,649	$18.58
15	Administrative Assistant	$33,002	$15.87
16	Finance Internship	$32,497	$15.62
17	Marketing Internship	$31,305	$15.05
18	Finance Representative	$31,100	$14.95
19	Receptionist	$26,020	$12.51

Northwestern Mutual Jobs You Might Like

Average Northwestern Mutual Salaries By Locations

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. Looking at our data, we can see that employees at Northwestern Mutual earn more in some areas than others. The city with the highest average salary is New York, NY, where employees earn an average salary of $62,293. This can be compared to Hartford, CT, where Northwestern Mutual employees earn an average salary of $50,608.

Rank	Location	Average Salary	Hourly Rate
1	New York, NY	$62,293	$29.95
2	Hartford, CT	$50,608	$24.33
3	Belmar, NJ	$49,234	$23.67
4	Boston, MA	$48,149	$23.15
5	Providence, RI	$46,401	$22.31
6	Portsmouth, NH	$46,394	$22.30
7	Philadelphia, PA	$44,645	$21.46
8	Chicago, IL	$42,841	$20.60
9	Fairfax, VA	$42,071	$20.23
10	Los Angeles, CA	$39,811	$19.14
11	Houston, TX	$39,167	$18.83
12	Hopkins, MN	$39,105	$18.80
13	Asheville, NC	$37,720	$18.13
14	Farmington Hills, MI	$37,101	$17.84
15	Charleston, WV	$37,041	$17.81
16	Marengo, OH	$36,844	$17.71
17	Jacksonville, FL	$36,364	$17.48
18	Milwaukee, WI	$36,047	$17.33
19	Urban Honolulu, HI	$35,804	$17.21
20	Phoenix, AZ	$34,934	$16.80

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Average Northwestern Mutual Salaries By Department

Our data shows that different departments at Northwestern Mutual pay different salaries. Our data shows that employees in engineering roles earn the highest wages at Northwestern Mutual, with an average yearly salary of $99,118. The second-highest paying department is human resources, where employees earn an average salary of $61,301 per year. The organizational function at Northwestern Mutual where employees earn the lowest salaries is finance with yearly earnings averaging $34,628. Administrative is the second-lowest paying organizational function at Northwestern Mutual, where the workers earn $39,913 per year.

Rank	Department	Average Salary	Hourly Rate
1	Engineering	$99,118	$47.65
2	Human Resources	$61,301	$29.47
3	Sales	$56,189	$27.01
4	Marketing	$53,409	$25.68
5	Customer Service	$50,278	$24.17
6	Administrative	$39,914	$19.19
7	Finance	$34,628	$16.65

Best Paying Northwestern Mutual Finance Position Salaries

Rank	Position	Average Salary	Hourly Rate
1	Registered Representative	$51,729	$24.87
2	Finance Internship	$32,497	$15.62
3	Finance Representative	$31,100	$14.95

Northwestern Mutual Finance Jobs

Best Paying Northwestern Mutual Administrative Position Salaries

Rank	Position	Average Salary	Hourly Rate
1	Internship Director	$77,287	$37.16
2	Executive Assistant	$75,620	$36.36
3	Administrative Internship	$58,449	$28.10
4	Data Entry Associate	$55,101	$26.49
5	Secretary	$41,769	$20.08
6	Office Manager	$38,649	$18.58
7	Bookkeeper	$38,232	$18.38
8	Registration Coordinator	$37,350	$17.96
9	Team Coordinator	$36,772	$17.68
10	Administrative Assistant	$33,002	$15.87
11	Office Administrator	$32,630	$15.69
12	Director Of First Impression	$32,287	$15.52
13	File Clerk	$29,013	$13.95
14	Receptionist	$26,020	$12.51

Northwestern Mutual Administrative Jobs

Best Paying Northwestern Mutual Sales Position Salaries

Rank	Position	Average Salary	Hourly Rate
1	District Manager	$91,506	$43.99
2	Insurance Agent	$67,639	$32.52
3	Sales Representative	$59,051	$28.39
4	Sales Agent	$55,732	$26.79
5	Account Executive	$53,470	$25.71
6	Account Manager	$53,378	$25.66
7	Insurance Representative	$34,506	$16.59

Northwestern Mutual Sales Jobs

Recently Added Northwestern Mutual Salaries

Job	Location	Date Added	Salary
Financial Advisor Trainee Asheville, NC	Asheville, NC	08/29/2021	$50,00008/29/2021
Financial Advisor Woburn, MA	Woburn, MA	08/27/2021	$97,00008/27/2021
Director of Operations New York, NY	New York, NY	08/25/2021	$60,00008/25/2021
Wealth Management Advisor Asheville, NC	Asheville, NC	08/25/2021	$60,00008/25/2021
Financial Advisor Boston, MA	Boston, MA	08/05/2021	$97,00008/05/2021

Recently Added Northwestern Mutual Jobs

Highest Paying Northwestern Mutual Competitor Salaries

Based on our research, similar companies to Northwestern Mutual are Morgan Stanley, Ameriprise Financial, and Raymond James. The wages at Morgan Stanley average higher than the other similar companies, where the median salary is $105,676 per year. The salaries at Ameriprise Financial average $84,806 per year, and the salaries at Raymond James come in at $82,378 per year.

Rank	Company Name	Zippia Score	Average Salary
1	Morgan Stanley	4.9	$105,676
2	Ameriprise Financial	4.7	$84,806
3	Raymond James	4.8	$82,378
4	TD Ameritrade	4.8	$82,181
5	Thrivent Financial	4.2	$74,441
6	American International Group	4.7	$68,329
7	Waddell & Reed Financial Services	4.8	$67,959
8	Axa Advisors	4.5	$66,861
9	Lincoln National	4.8	$66,802
10	First American Financial	4.5	$62,386
11	American Financial Group	4.7	$62,075
12	Massachusetts Mutual Life Insurance ...	4.8	$61,825
13	MetLife	4.7	$55,409
14	Unum	4.6	$53,213
15	KeyBank	4.8	$52,142
16	Mutual of Omaha	4.8	$45,938
17	Northwestern Life Insurance Co.	4.1	$44,838
18	The PNC Financial Services Group	4.8	$43,468
19	Foresters Financial Holding Company	4.3	$38,339
20	Wells Fargo	4.7	$37,740

Competitors Jobs