Northwestern Mutual Salaries

48 total salary submissions
Avg. Hours Worked (53%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

42.6
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (71%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

2.8
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Northwestern Mutual Salary

3.1
Total Median Pay
$25,000
Median Base Pay
$24,000
Median Bonus Pay
$1,000

How much does Northwestern Mutual pay?

Base range:
$4,800 - $50,500

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$100 - $15,400

Northwestern Mutual pays an average salary of $24,000 per year. This base compensation is the equivalent of $12 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Northwestern Mutual based on our data is actually 43 hours, which would bring down the true effective hourly rate to $12 on average. If you include the average bonus of $1,000, then the total average pay at Northwestern Mutual would be $25,000 per year or $12 per hour at the 43 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Northwestern Mutual pays the highest-paid employees over $97,000 a year, while the lowest-paid employees are paid less than $39,000. Northwestern Mutual employees in different groups or divisions tend to have different salaries as well.For example, employees in the Real Estate sector earn an average yearly salary of $113,500.While employees in the Wealth Management sector earn an average yearly salary of $45,000.

Northwestern Mutual Salaries

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Highest Paying Jobs at Northwestern Mutual

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
2nd Year Associate
Year 2017
Job Title 2nd Year Associate
Group/Division Quantitative Research
Location milwaukee
Pay Rate/Type
Bonus
1st Year Associate
Year 2020
Job Title 1st Year Associate
Group/Division Investments
Location Milwaukee
Pay Rate/Type
Bonus
1st Year Associate
Year 2015
Job Title 1st Year Associate
Group/Division Real Estate
Location Los Angeles
Pay Rate/Type
Bonus
1st Year Associate
Year 2014
Job Title 1st Year Associate
Group/Division Real Estate
Location Milwaukee
Pay Rate/Type
Bonus
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division Generalist
Location Chicago
Pay Rate/Type
Bonus
Year 2015
Job Title
Group/Division Other
Location milwaukee
Pay Rate/Type
Bonus
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Real Estate
Location Milwaukee
Pay Rate/Type
Bonus
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division Real Estate
Location Milwaukee
Pay Rate/Type
Bonus
Research Associate
Year 2020
Job Title Research Associate
Group/Division Investment Research
Location Austin
Pay Rate/Type
Bonus
Investment Analyst
Year 2018
Job Title Investment Analyst
Group/Division Wealth Management
Location Richmond, VA, USA
Pay Rate/Type
Bonus

Northwestern Mutual Salaries by Department

Salaries at Northwestern Mutual depend on the group, division, department or function. Employees who work in the Real Estate group tend to get paid the most at at Northwestern Mutual, earning an average yearly salary of $113,500. Employees in the Generalist receive relatively high salaries as well, where wages average $48,440 per year. A division that does not pay as well at Northwestern Mutual includes the Wealth Management group, with employees earning $45,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Real Estate
Rank 1
Department Real Estate
Average Pay $113,500
Average Hourly Pay $57/hr
Generalist
Rank 2
Department Generalist
Average Pay $48,440
Average Hourly Pay $24/hr
Advisory
Rank 3
Department Advisory
Average Pay $48,000
Average Hourly Pay $24/hr
Wealth Management
Rank 4
Department Wealth Management
Average Pay $45,000
Average Hourly Pay $23/hr

Recently Added Northwestern Mutual Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Financial Advisor
Year 2021
Job Title Financial Advisor
Group/Division Risk Management
Location Norwalk
Pay Rate/Type
Bonus
Financial Advisor
Year 2021
Job Title Financial Advisor
Group/Division Risk Management
Location STAMFORD
Pay Rate/Type
Bonus
1st Year Analyst
Year 2000
Job Title 1st Year Analyst
Group/Division N/A
Location Seoul
Pay Rate/Type
Bonus
Intern
Year 2019
Job Title Intern
Group/Division N/A
Location chicago
Pay Rate/Type
Bonus
Financial Advisor
Year 2022
Job Title Financial Advisor
Group/Division Advisory
Location Phoenix
Pay Rate/Type
Bonus
$25bn+
Est Annual Revenue

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