Northwestern Mutual: Named “Best Place to Work” in the insurance industry

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MILWAUKEE, WI, December 17, 2009 – Northwestern Mutual is the “Best Place to Work” in the insurance industry in 2010 and is the 11th-best place to work in America overall, according to survey results from®, an online career and workplace community. The Milwaukee-based financial security company stands alone as the only company in its industry that ranks in Glassdoor’s Top 50 “Best Places to Work in 2010.”

In addition, Northwestern Mutual Chairman and Chief Executive Officer Edward J. Zore ranks as the most popular insurance company CEO in America, receiving an 89% approval rating from Northwestern Mutual home office employees and independently contracted financial representatives.

Unlike other workplace awards that are determined by industry experts or HR professionals, the award is chosen by feedback from employees and financial representatives. The Top 50 were selected from more than 38,000 companies reviewed by the nearly 70,000 employees/contractors who completed a 20-question survey on, addressing key workplace factors including work/life balance, career opportunities, communication, compensation and benefits, employee morale, recognition and feedback, senior leadership as well as fairness and respect. Users were also asked if they approved or disapproved of their company’s CEO.

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The Glassdoor announcement builds on momentum Northwestern Mutual has generated in recent months:

* In September, for the fourth year in a row, BusinessWeek magazine named Northwestern Mutual one of the “Best Places to Launch a Career.”

* For 13 consecutive years, the Northwestern Mutual Financial Network internship program was ranked among America’s “Top ten Internships” by the Internship Informants in the 2009 Vault Guide to Top Internships.

* Northwestern Mutual is one of the “World’s Most Admired” life insurance companies, leading its industry in the attributes of “quality of management,” “financial soundness” and “people management” according to executives, directors and analysts responding to FORTUNE® magazine’s March 16, 2009 annual survey.

About Northwestern Mutual

The Northwestern Mutual Life Insurance Company – Milwaukee, WI (Northwestern Mutual) has helped clients achieve financial security for more than 150 years. As a mutual company with over $1 trillion of life insurance protection in force, Northwestern Mutual seeks to share its gains with policyowners and deliver consistent and dependable value to clients over time.

Northwestern Mutual is an industry leader in total individual life insurance and disability insurance dividends paid to participating policyowners. Though dividends are not guaranteed, are reviewed annually and are subject to change, the company has paid life insurance dividends every year since 1872.

Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company; and Russell Investments. Further information can be found at


Contact: Jean Towell, 800-323-7033, [email protected]