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PRESS RELEASE / ANNOUNCEMENTS Monday, January 28, 2013

Northwestern Mutual in SB to Add 29 Financial Representatives

LA-Based Northwestern Mutual Offices Seek to Add More Than 400 Financial Representatives in 2013, Efforts are Part of Nationwide Initiative to Recruit Thousands of Financial Professionals and Interns

Northwestern Mutual’s offices in the Los Angeles-area aim to add 170 financial representatives and 253 financial representative interns in 2013.


The effort is part of the nationwide effort by Northwestern Mutual to recruit more than 5,500 financial professionals in 2013.

Northwestern Mutual is taking active steps to grow its field force to keep pace with growing demand locally for financial security guidance, products and services, adding new qualified financial representatives and interns at a fast pace.

“The company is seeing both a need and a demand nationwide for a tailored planning approach to asset protection, growth and savings solutions,” said Steve Mannebach, vice president – field growth and development at Northwestern Mutual.

Mannebach added that more people are looking for financial guidance and they’re turning to companies like Northwestern Mutual that have been consistently financially strong.

Northwestern Mutual expects more than half of new financial representatives in 2013 will be “career changers” – professionals who believe that they have reached the ceiling in their current occupation and are looking for an opportunity to grow.

“Today more than ever, individuals are hungry for financial guidance and for those with the right background who are looking for new opportunities to grow in their professional lives and want to get into financial planning, now is an ideal time to make a career change,” said Mannebach. “We are finding that new financial representatives are motivated by the rewards, both personally and professionally, that Northwestern Mutual offers in our commitment to helping people shape and execute plans to realize their life goals.”

Company Receives Numerous Honors

Northwestern Mutual received numerous honors in 2012, among them, being named one of the “World’s Most Admired” life insurance companies by FORTUNE® magazine (March 2, 2012). Additionally, its financial representatives are some of the most satisfied in the industry according to J.D. Power and Associates’ 2012 U.S. Financial Advisor Satisfaction Study.

Other recognitions include:

• In December, the company was recognized as a “Best Place to Work in 2013” and a recipient of the Employees’ Choice Award by Glassdoor.com.

• The company also ranks first in the insurance industry and 17th overall among service companies in Selling Power magazine’s annual “50 Best Companies to Sell For Now” list – validating the company as an ideal place to launch and grow a career.

• The company’s financial representative internship program recently was recognized for the 16th consecutive year as one of the “Top 10 Internships in America,” according to Vault®. Working with a mentor provides interns an opportunity to test drive and get an insider’s glimpse into the industry. This approach has helped Northwestern Mutual retain and grow its field leaders – 45 percent of the company’s senior field management began their careers with the company as an intern.

Career seekers can contact Northwestern Mutual’s Los Angeles-area offices to learn more about a financial representative career by visiting: http://www.nm-losangeles.com/, http://newportbeach.nm.com/ or http://www.beerfinancialgroup.com/.

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