For the fourth consecutive year, Northwestern Mutual has been named one of "The 50 Best Companies to Sell For" in the November/December issue of Selling Power magazine. The leading sales force publication's annual ranking recognized Milwaukee-based Northwestern Mutual as the second best service company to sell for, a position the company has held for two straight years.
"To be named one of the best companies to sell for over the last four years is a testament to the career opportunities available to potential representatives in the Northwestern Mutual system," says Bill Beckley, CLU, ChFC, MSFS, executive vice president at Northwestern Mutual. "We're honored to be the second highest rated service company, and the highest financial services company on the list."
Selling Power's list -- based on data gathered through extensive surveys of each corporate candidate -- focused on three key categories: compensation, training and career mobility. Using these categories, the magazine's corporate research team noted company characteristics such as average starting salaries, benefit packages, company-sponsored sales training, turnover and advancement opportunities primarily among companies with sales forces larger than 500. The resulting ranking scored each company according to these criteria and identified the "25 Best Manufacturing Companies" and the "25 Best Service Companies" with the most to offer salespeople.
"The career of a financial representative is a great one for those who want to make a difference in people's lives," notes Beckley, whose career began with the company as a representative in Santa Fe, New Mexico. "And accolades from a leading publication like Selling Power just highlight the career even more."
The Northwestern Mutual Financial Network, the marketing name for the sales and distribution arm of The Northwestern Mutual Life Insurance Company, Milwaukee, WI (Northwestern Mutual), provides expert guidance on insurance, investment products and services, retirement and estate analysis, education funding and employee benefits.
Northwestern Mutual, the nation's largest direct provider of individual life insurance, according to statistics compiled from A. M. Best data, has always received the best possible insurance financial strength ratings from Standard & Poor's, Fitch Ratings, A. M. Best and Moody's. For 23 years, a FORTUNE magazine survey has named Northwestern Mutual "Most Admired" in its industry.
The company, its subsidiaries and affiliates are also providers of annuities, mutual funds, long-term care insurance and disability income insurance. Among its affiliated companies are those that comprise the Russell Investment Group, which provide investment management and advisory services; Northwestern Mutual Investment Services, LLC (NMIS), a wholly-owned company of Northwestern Mutual, broker-dealer and member NASD and SIPC; and Northwestern Mutual Wealth Management Company, a wholly-owned company of Northwestern Mutual, limited purpose federal savings bank and a registered investment adviser which provides financial planning, investment management and trust services. A subsidiary, Northwestern Long Term Care Insurance Company, offers long-term care insurance. Further information on Northwestern Mutual, based in Milwaukee, Wisconsin, can be found at: http://www.nmfn.com/ .
First Call Analyst:
SOURCE: Northwestern Mutual
CONTACT: Jean Towell of Northwestern Mutual, 1-800-323-7033,
Web site: http://www.nmfn.com/