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Nortwestern Mutual Salary

Nortwestern Mutual Salary

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As of September 2026, the average annual salary for employees at Nortwestern Mutual in the United States is $95,132. This translates to an approximate hourly wage of $46. Salaries at Nortwestern Mutual typically range from $83,443 to $107,806 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Nortwestern Mutual Pay for Different Roles?

Explore detailed salary information for specific jobs at Nortwestern Mutual. Based on our data, the highest paying job is the Financial Representative, with an annual salary of $119,228. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Nortwestern Mutual’s Pay Competitive? Salary Benchmarking Analysis

How does Nortwestern Mutual's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
EquiAlt LLC $85,186
-10.5%
EquiAlt LLC may offer non-monetary perks in lieu of competitive base salaries.
Palmetto State Home Mortgage LLC $84,648
-11.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Morrison Avenue Capital Partners LLC $84,384
-11.3%
Morrison Avenue Capital Partners LLC likely leverages performance bonuses over the high base salary shown here.
Floyd Financial Group LLC $82,971
-12.8%
Floyd Financial Group LLC focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+27.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Nortwestern Mutual's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Nortwestern Mutual. Click a company name to learn more.

Employee Reviews: Working at Nortwestern Mutual

Considering a career at Nortwestern Mutual? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The team culture promotes growth and recognizes contributions. A forward-thinking environment with strong financial ethics and a people-first mindset. Everyone’s role feels meaningful and respected. Communication and collaboration fluctuate by department.
Commented in May 21, 2025
37
2
Cross-departmental projects are common, and employees are encouraged to share insights. With team members, there’s a strong sense of community, and leadership prioritizes transparency and growth. Teamwork drives strong performance. Leadership is generally supportive but cautious with change. Recognition programs ensure outstanding work is noticed and rewarded, from spot bonuses to annual awards. V...
Commented in April 15, 2025
45
2
Recognition is specific and meaningful. Overall, this organization offers a fulfilling career path in financial services with opportunities to grow and develop professionally. This approach minimizes disruption and anxiety.
Commented in January 16, 2024
10
1

Nortwestern Mutual Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
801 Old York Rd Jenkintown Pennsylvania PA 19046
Revenue
<$5 Million
Phone Number
-
Social Media
About Nortwestern Mutual
Nortwestern Mutual is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Jenkintown, Pennsylvania.

What Benefits Does Nortwestern Mutual Offer Beyond Salary?

A competitive compensation package is more than just a salary. Nortwestern Mutual offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Nortwestern Mutual.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Nortwestern Mutual, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Nortwestern Mutual salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Nortwestern Mutual

1. What is the average salary for employees at Nortwestern Mutual?

The average annual total compensation for employees at Nortwestern Mutual is approximately $95,132. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,443 to $107,806, depending on factors like job role, experience, and location.

2. How much does Nortwestern Mutual pay compared to EquiAlt LLC?

The average annual salary at Nortwestern Mutual is $95,132, or an hourly wage of $46, in comparison to EquiAlt LLC which pays $85,186 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at Nortwestern Mutual?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Nortwestern Mutual for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Nortwestern Mutual offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially Nortwestern Mutual, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Nortwestern Mutual?

Most companies, likely including Nortwestern Mutual, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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