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.

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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.
Job Title
RankascdescJob TitleascdescAverage SalaryascdescHourly Rateascdesc
1
$136,443
$65.60
2
$122,847
$59.06
3
$110,323
$53.04
4
$103,113
$49.57
5
$101,135
$48.62
6
$95,410
$45.87
7
$77,860
$37.43
8
$75,620
$36.36
9
$68,932
$33.14
10
$67,639
$32.52
11
$59,051
$28.39
12
$55,732
$26.79
13
$42,579
$20.47
14
$38,649
$18.58
15
$33,002
$15.87
16
$32,497
$15.62
17
$31,305
$15.05
18
$31,100
$14.95
19
$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.
RankascdescLocationascdescAverage SalaryascdescHourly Rateascdesc
1
$62,293
$29.95
2
$50,608
$24.33
3
$49,234
$23.67
4
$48,149
$23.15
5
$46,401
$22.31
6
$46,394
$22.30
7
$44,645
$21.46
8
$42,841
$20.60
9
$42,071
$20.23
10
$39,811
$19.14
11
$39,167
$18.83
12
$39,105
$18.80
13
$37,720
$18.13
14
$37,101
$17.84
15
$37,041
$17.81
16
$36,844
$17.71
17
$36,364
$17.48
18
$36,047
$17.33
19
$35,804
$17.21
20
$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.
RankascdescDepartmentascdescAverage SalaryascdescHourly Rateascdesc
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

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$51,729
$24.87
2
$32,497
$15.62
3
$31,100
$14.95

Northwestern Mutual Finance Jobs

Best Paying Northwestern Mutual Administrative Position Salaries

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$77,287
$37.16
2
$75,620
$36.36
3
$58,449
$28.10
4
$55,101
$26.49
5
$41,769
$20.08
6
$38,649
$18.58
7
$38,232
$18.38
8
Registration Coordinator
$37,350
$17.96
9
$36,772
$17.68
10
$33,002
$15.87
11
$32,630
$15.69
12
Director Of First Impression
$32,287
$15.52
13
$29,013
$13.95
14
$26,020
$12.51

Northwestern Mutual Administrative Jobs

Best Paying Northwestern Mutual Sales Position Salaries

RankascdescPositionascdescAverage SalaryascdescHourly Rateascdesc
1
$91,506
$43.99
2
$67,639
$32.52
3
$59,051
$28.39
4
$55,732
$26.79
5
$53,470
$25.71
6
$53,378
$25.66
7
$34,506
$16.59

Northwestern Mutual Sales Jobs

Recently Added Northwestern Mutual Salaries

JobascdescLocationascdescDate AddedascdescSalaryascdesc
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.
Company
RankascdescCompany NameascdescZippia ScoreascdescAverage Salaryascdesc
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