Many factors affect the low numbers of insured among Generation Y.
Northwestern Mutual Chairman, President and Chief Executive Officer John E. Schlifske was named one of the five highest rated CEOs in the U.S. by Glassdoor - an online career and workplace community.
According to a release, Schlifske received a 95 percent approval rating from Northwestern Mutual employees and members of the company's field force of financial representatives who participated in Glassdoor's annual "50 Highest Rated CEOs" report released March 21. Glassdoor calculates CEO approval ratings similar to Presidential approval ratings by asking employees a simple question: 'Do you approve or disapprove of the way your CEO is leading the company?'
The company reported that Schlifske joins other prominent CEOs in the top five: LinkedIn'sJeff Weiner, Ford Motor Company'sAlan R. Mulally, Edelman's Richard W. Edelman, and Qualcomm'sPaul E. Jacobs.
"This recognition reflects the strength and excellence of our management team and our field management, particularly our managing partners," said Schlifske. "It's an honor to represent our employees and financial representatives, as they have been the driving force behind our success for the past 157 years."
Northwestern Mutual, the marketing name for The Northwestern Mutual Life Insurance Company, and its subsidiaries, offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, investment products, and advisory products and services.
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