How many employees work at The Northwestern Mutual?
The Northwestern Mutual Life Insurance Co. has approximately 32,522 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. The Northwestern Mutual’s total headcount has declined 0.6% from 32,726 employees in 2023 to 32,522 in 2026.
Is The Northwestern Mutual hiring right now?
Yes, The Northwestern Mutual is actively hiring. The Northwestern Mutual had 1,682 active job postings in 2026, a 14.5% decline from 2025 — see job openings & hiring trends.
About The Northwestern Mutual’s Workforce
The Northwestern Mutual Life Insurance Co. is a Financial Services company that employs 32,522 people worldwide as of March 2026. It is the 6th-largest by headcount among its peers. Founded in 1857, the company is headquartered in Milwaukee, Wisconsin.
The Northwestern Mutual's workforce has declined 0.6% from 2023 to 2026, though it is up 0.3% year over year in 2026. It fell to a low of 31,744 in 2024 Q1 before recovering. Its workforce is concentrated most in North America (99.2%), followed by South Asia (0.5%) and Sub-Saharan Africa (0.1%).
The Northwestern Mutual's functional groups are Engineering (49.7%), Finance and Operations (40.0%), and Sales and Marketing (10.3%). The average salary is $88,551, ranging from a median of $77,000 in North America to $5,000 in South Asia, down 0.7% year over year in 2026.
The Northwestern Mutual's active job postings fell 14.5% in 2026 to 1,682, with new postings per month cooling from 1,150 in 2023 to 1,073 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Headquarters
- Milwaukee, Wisconsin
- Founded
- 1857
- Industry
- Financial Services
- Employees
- 32,522
- YoY
- +0.3% (+404)
As of March 2026
The Northwestern Mutual workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for The Northwestern Mutual. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsThe Northwestern Mutual Annual Employee Count (2023-2026)
- The Northwestern Mutual had 32,522 employees in 2026, a 0.3% increase (+404) from 2025.
- The Northwestern Mutual had 32,514 employees in 2025, a 0.3% increase (+290) from 2024.
- The Northwestern Mutual had 32,224 employees in 2024, a 0.5% increase (+290) from 2023.
- The Northwestern Mutual had 31,934 employees in 2023, a 0.9% increase (+549) from 2022.
The Northwestern Mutual's total workforce has declined from 32,726 employees in 2023 to 32,522 in 2026. The Northwestern Mutual's headcount peaked at 33,155 in 2025.
The Northwestern Mutual Life Insurance Co. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 32,522 | +404 | +0.3% |
| 2025 | Q4 | 32,514 | +290 | +0.3% |
| 2025 | Q3 | 32,599 | +338 | +0.4% |
| 2025 | Q2 | 33,155 | +241 | +0.4% |
| 2025 | Q1 | 32,118 | +374 | +0.6% |
| 2024 | Q4 | 32,224 | +290 | +0.5% |
| 2024 | Q3 | 32,261 | +162 | +0.5% |
| 2024 | Q2 | 32,914 | +188 | +0.6% |
| 2024 | Q1 | 31,744 | +331 | +0.9% |
| 2023 | Q4 | 31,934 | +549 | +0.9% |
| 2023 | Q3 | 32,099 | +862 | +1.2% |
| 2023 | Q2 | 32,726 | +1,016 | +1.5% |
See The Northwestern Mutual's complete headcount history, including quarterly breakdowns.
Get the DataThe Northwestern Mutual Employee Count by Region (2026)
North America accounts for the largest share of The Northwestern Mutual's global workforce with approximately 99% of total employees, followed by South Asia and Sub-Saharan Africa.
The Northwestern Mutual employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 31,885 | 99.2% |
| South Asia | 160 | 0.5% |
| Sub-Saharan Africa | 22 | 0.1% |
| Northern Europe | 16 | 0.0% |
| South America | 15 | 0.0% |
| Pacific Islands | 9 | 0.0% |
| East Asia | 8 | 0.0% |
| Western Europe | 8 | 0.0% |
| Southeast Asia | 7 | 0.0% |
| Arab States | 5 | 0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataThe Northwestern Mutual Employee Count by Department (2026)
The Northwestern Mutual's employee groups are Engineering (49.7%), Finance and Operations (40.0%), and Sales and Marketing (10.3%).
The Northwestern Mutual employees by department
| Department | Employees | % of Total |
|---|---|---|
| Engineering | 16,086 | 49.7% |
| Finance and Operations | 12,955 | 40.0% |
| Sales and Marketing | 3,319 | 10.3% |
Compare The Northwestern Mutual's department mix to industry peers.
See Full DataThe Northwestern Mutual Employee Salary by Region (2026)
The Northwestern Mutual's average employee salary is $88,551 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $5,000.
The Northwestern Mutual median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Southern Europe | $82,000 |
| North America | $77,000 |
| Western Europe | $62,000 |
| Arab States | $55,000 |
| East Asia | $55,000 |
| Pacific Islands | $55,000 |
| Northern Europe | $55,000 |
| Eastern Europe | $34,000 |
| Central America and the Caribbean | $28,000 |
| South America | $22,000 |
| North Africa | $22,000 |
| Southeast Asia | $17,000 |
| Central and Western Asia | $17,000 |
| Sub-Saharan Africa | $9,000 |
| South Asia | $5,000 |
Unlock salary by role, level, and city — and compare to The Northwestern Mutual's industry peers.
Unlock Salary DataThe Northwestern Mutual Job Openings and Hiring Trends (2023-2026)
- The Northwestern Mutual had 1,682 active job postings in 2026, a 14.5% decline (+139) from 2025.
- The Northwestern Mutual had 1,543 active job postings in 2025, a 11.4% decline (-186) from 2024.
- The Northwestern Mutual had 1,729 active job postings in 2024, a 34.5% increase (+509) from 2023.
- The Northwestern Mutual had 1,220 active job postings in 2023, a 41.8% decline from 2022.
- Hiring velocity in 2026: 1,073 new roles/month, down from 1,135 in 2025 and 980 in 2024.
The Northwestern Mutual's hiring is slowing: active job postings fell 14.5% in 2026 to 1,682, with new postings per month cooling from 1,150 in 2023 to 1,073 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataThe Northwestern Mutual Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across The Northwestern Mutual's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About The Northwestern Mutual
- How fast is The Northwestern Mutual growing?
- In 2026, The Northwestern Mutual's headcount grew 0.3% to 32,522 employees, up from 32,118 in 2025.
- See the full headcount history
- Where are The Northwestern Mutual employees located?
- Most The Northwestern Mutual employees are based in North America (99.2% of headcount), followed by South Asia and Sub-Saharan Africa.
- Explore where the workforce is based
- What is the average salary at The Northwestern Mutual?
- The average employee salary at The Northwestern Mutual is approximately $88.6k per year.
- Analyze the salary distribution
- How many new job postings does The Northwestern Mutual open per year?
- In Q1 2026, The Northwestern Mutual opened 3,220 new job postings. In 2025, The Northwestern Mutual opened 13,619 new job postings — about 1,135 per month.
- Track hiring trends by role
- When was The Northwestern Mutual founded and where is it headquartered?
- The Northwestern Mutual was founded in 1857 and is headquartered in Milwaukee, Wisconsin.
- Compare The Northwestern Mutual to industry peers
Speak with a workforce expert about The Northwestern Mutual.
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