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Northwestern Mutual Overview

The Northwestern Mutual is an American financial services mutual organization based in Milwaukee. The financial security company provides consultation on wealth and asset income protection, education ...
The staff at Northwestern Mutual come from unusually diverse demographic backgrounds. The company is 33.4% female and 36.0% ethnic minorities. Even though it has great demographic diversity, Northwestern Mutual notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 69.9%. Despite having coworkers who agree with each other about politics, employees at Northwestern Mutual tend to have relatively short tenures. Staff members usually stay with the company for 1.5 years. The average employee at Northwestern Mutual makes $44,838 per year. Pay at Northwestern Mutual is significantly lower than some of its highest paying competitors, like Morgan Stanley, Edward Jones, and State Street, which pay $105,676, $94,382, and $88,970, respectively.
Based in Milwaukee, WI, Northwestern Mutual is a key player in the finance industry with 7,500 employees and an annual revenue of $35.0M.


Financial Services





Founded in



Milwaukee, WI



Organization Type


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The Team At Northwestern Mutual

Key People
  • Steven Smith (Manager)
  • John Schlifske (ceo)

Northwestern Mutual Reviews

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Zippia UserJanuary 2021


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What Do You Like About Working There?

Flexible job hours, potential pay is good. Show More

What DON'T You Like About Working There?

Have to call your friends and family to sell insurance. Show More
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Northwestern Mutual Rankings

Northwestern Mutual is ranked #24 on the Best Finance Companies to Work For in Wisconsin list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Northwestern Mutual Salaries

How much does Northwestern Mutual pay?
The national average salary for a Northwestern Mutual employee in the United States is $44,838 per year. Employees in the top 10 percent can make over $94,000 per year, while employees at the bottom 10 percent earn less than $21,000 per year.
Salary Score
Average Employee Earnings

Northwestern Mutual Salaries By Job Title

The average employee at Northwestern Mutual earns a yearly salary of $44,838 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Northwestern Mutual include wealth management advisor, development director, recruitment director, and operations manager. A worker with the title wealth management advisor salary at Northwestern Mutual can earn an average yearly salary of $149,027. To get a better sense of the salaries at Northwestern Mutual, other roles such as receptionist and customer service representative can be considered as well. For comparison, the title receptionist at Northwestern Mutual earns $27,872 per year.
Job Title
Average Salarydesc
Wealth Management Advisor
Salary Range124k - 178k$149k$149,027
Development Director
Salary Range120k - 139k$130k$129,674
Recruitment Director
Salary Range106k - 149k$126k$125,907
Operations Manager
Salary Range89k - 157k$119k$118,953
Lead Technician
Salary Range108k - 127k$117k$117,474
Business Analyst
Salary Range67k - 90k$78k$78,309
Salary Range66k - 90k$78k$77,820
Sales Professional
Salary Range69k - 79k$74k$74,091
Executive Assistant
Salary Range61k - 86k$73k$72,641
Insurance Agent
Salary Range55k - 70k$62k$62,466

Northwestern Mutual Careers

On average, employees at Northwestern Mutual stay with the company for 1.5 years. Employees most commonly join Northwestern Mutual after leaving Wells Fargo. When they leave Northwestern Mutual, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Raymond James
3.2 years

Top Employers Before Northwestern Mutual

Top Employers After Northwestern Mutual

Northwestern Mutual Employee Demographics

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Northwestern Mutual Employees Education

Of the 7,500 employees at Northwestern Mutual, 15.0% attended University of Wisconsin - Milwaukee. Employees at Northwestern Mutual most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Northwestern Mutual Employee Political Affiliation

Northwestern Mutual employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Northwestern Mutual employee was by John Schlifske. John Schlifske donated $52,095 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
John QualyFinance Representative
John Qualy
Finance Representative
Finance Representative
Republican Party
Republican Party
$53,700Republican Party
John SchlifskeExecutive
John Schlifske
Republican Party
Republican Party
$52,095Republican Party
David McAvoyManaging Partner
David McAvoy
Managing Partner
Managing Partner
Republican Party
Republican Party
$43,400Republican Party
James WhistlerWealth Management Advisor
James Whistler
Wealth Management Advisor
Wealth Management Advisor
Democratic Party
Democratic Party
$41,750Democratic Party
Scott IodiceManaging Partner
Scott Iodice
Managing Partner
Managing Partner
Democratic Party
Democratic Party
$28,700Democratic Party
David EllisonWealth Management Advisor
David Ellison
Wealth Management Advisor
Wealth Management Advisor
Republican Party
Republican Party
$28,250Republican Party
Gerard HempsteadManaging Partner
Gerard Hempstead
Managing Partner
Managing Partner
Republican Party
Republican Party
$25,550Republican Party
Michael CondreyManaging Partner
Michael Condrey
Managing Partner
Managing Partner
Republican Party
Republican Party
$20,655Republican Party
Smilka MelgozaFinance Representative
Smilka Melgoza
Finance Representative
Finance Representative
Democratic Party
Democratic Party
$20,200Democratic Party
Ronald BeshearFinance Advisor
Ronald Beshear
Finance Advisor
Finance Advisor
Republican Party
Republican Party
$19,900Republican Party
Show More

Northwestern Mutual Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


$10M - $100M

Founded in


Organization type


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Northwestern Mutual Competitors

Competitors of Northwestern Mutual include Morgan Stanley, Edward Jones, and State Street. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $105,676 per year. Employees at Edward Jones earn an average of $94,382 per year, and the employees at State Street earn an average salary of $88,970 per year.
Average Salarydesc
Morgan Stanley
Salary Range78k - 141k$106k$105,676
Edward Jones
Salary Range68k - 129k$94k$94,382
State Street
Salary Range69k - 114k$89k$88,970
Ameriprise Financial
Salary Range59k - 120k$85k$84,806
The Bank of New York Mellon
Salary Range62k - 110k$83k$83,066
Raymond James
Salary Range59k - 114k$82k$82,378
Principal Financial Group
Salary Range50k - 97k$70k$70,186
American International Group
Salary Range49k - 95k$68k$68,329
JPMorgan Chase
Salary Range48k - 96k$68k$67,986
Lincoln Financial Group
Salary Range47k - 93k$67k$66,802

Frequently Asked Questions about Northwestern Mutual

How many Employees does Northwestern Mutual have?

Northwestern Mutual has 7,500 employees.

How much money does Northwestern Mutual make?

Northwestern Mutual generates $35.0M in revenue.

What industry is Northwestern Mutual in?

Northwestern Mutual is in the financial services industry.

Who are Northwestern Mutual's competitors?

Northwestern Mutual competitors include American Financial Group, Ameriprise Financial, Raymond James, Lincoln Financial Group, Principal Financial Group, Northwestern Mutual, The Hartford, Morgan Stanley, Foresters Financial Holding Company, Edward Jones, MetLife, Global Partner Acquisition, The Bank of New York Mellon, Leucadia National, Massachusetts Mutual Life Insurance ..., Bank of America, State Street, Alliance Data, JPMorgan Chase, American International Group.

Who works at Northwestern Mutual?

Steven Smith (Manager)

John Schlifske (ceo)

Where is Northwestern Mutual's headquarters?

Northwestern Mutual's headquarters is in Milwaukee, WI.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Northwestern Mutual, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Northwestern Mutual. The employee data is based on information from people who have self-reported their past or current employments at Northwestern Mutual. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Northwestern Mutual and its employees or that of Zippia.

Northwestern Mutual may also be known as or be related to NORTHWESTERN LIFE INSURANCE CO, Northwestern Life Insurance Co and Northwestern Life Insurance Co.