Old Mutual Reviews

Updated July 16, 2014
Updated July 16, 2014
21 Reviews
3.5
21 Reviews
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Recommend to a friend
Approve of CEO
Old Mutual Group CEO Julian Roberts
Julian Roberts
8 Ratings

14 Employee Reviews Back to all reviews

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  1.  

    Old Faithful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Life Insurance Producer  in  Kïhei, HI
    Current Employee - Life Insurance Producer in Kïhei, HI

    I have been working at Old Mutual full-time for more than 5 years

    Pros

    very good support
    quick turn around
    minimal paperwork
    the support from the home office on the mainland was great!

    Cons

    beat the street
    pound the pavement
    find your own leads
    their was no real mentor close to me and the time difference proved to be a hindrance when scheduling

    Advice to ManagementAdvice

    small draw would be a good start for new producers to get offices started, free signage?

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    COOL ENVIRONMENT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Old Mutual as an intern for less than a year

    Pros

    was an intern it wasn't to bad they are a fun group to work with and seems to know which direction they are going as an company/

    Cons

    didn't have much for me to do wish i was more involved in certain things. however it was a good experience

    Advice to ManagementAdvice

    find more work for the interns to do

  3.  

    Hard work is its own reward

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Actuarial Assistant  in  Baltimore, MD
    Current Employee - Actuarial Assistant in Baltimore, MD

    I have been working at Old Mutual

    Pros

    Greater than average diversity. Uniqueness is respected. Flexible working hours and rules. A liberal atmosphere. Comraderie among staff. There is plenty of work to do.

    Cons

    Layoffs. Twelve hour work days. Uncertainty about the future of the company. Fires to put out everywhere. High attrition rate. This year, bonuses were not given, and raises were given only to a select few.

    Advice to ManagementAdvice

    Give bonuses and raises next year. We have been working hard, and we deserve to be compensated. Invest more in developing junior staff. Don't just toss them into the lake and expect them to swim.

    No opinion of CEO
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  5.  

    Life at OM

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at Old Mutual

    Pros

    Career development and easy access to senior management

    Cons

    Very inefficient management. The pay is not competitive and pay raises are scarce. Just recently downsized

    Advice to ManagementAdvice

    Invest more money in finding the right talent to run a tight ship-qualified professionals who will work for the right money; eliminate wasteful spending on overpriced consultants that do a poor job, and greedy MGA's that do not produce enough business.

    Recommends
    No opinion of CEO
  6.  

    Good in parts

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Old Mutual full-time for more than a year

    Pros

    A diverse group with lots of opportunities in Africa

    Cons

    Middle management is very poor and the organisation is highly siloed.

    Advice to ManagementAdvice

    Get a grip on your middle management and build a coaching culture.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Good Working Conditions

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Old Mutual

    Pros

    Good graduate trainee program. Rotation in all the divisions of the company: financial services, investments, actuarial, pension schemes, etc.

    Opportunities to gain international experince with the work abroad programs.

    Cons

    Late hours, especially when creating quarterly reports.

    Sometimes have to carry work home to beat deadlines

    Advice to ManagementAdvice

    Level playing field when it comes to promotions

  8.  

    Old Mutual Group Head Office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk  in  London, England (UK)
    Current Employee - Risk in London, England (UK)

    I have been working at Old Mutual full-time for more than 3 years

    Pros

    Some great people across this multinational group

    Cons

    Some senior people that don't live the Group's values

    Advice to ManagementAdvice

    Do as you say in respect of the Group's values

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    A company with strong corporate values that is increasing its presence in the UK

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Project Manager  in  Southampton, England (UK)
    Current Employee - Senior Project Manager in Southampton, England (UK)

    I have been working at Old Mutual full-time for more than a year

    Pros

    Management and culture thrives to empower employees. Currently there is a drive to change through transformation post a series of M&A activity in the UK - which makes it a really interesting place to work. Overall there is a positive culture to those who want to work with the organisation on the journey to making Old Mutual a big name in UK FS. There has recently been influx of great talent into the business.

    Cons

    The organisation is going through a great deal of change post mergers and acquisitions in the UK space, this means that both BAU and central services are stretched. Therefore i could only recommend to those that enjoy change.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Business Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Cape Town (South Africa)
    Current Employee - Business Analyst in Cape Town (South Africa)

    I have been working at Old Mutual as a contractor for more than a year

    Pros

    Great overall culture and benefits

    Cons

    Contractors do not have security

    Advice to ManagementAdvice

    Keep up the great work of making Old Mutual great

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Intermediate Actuarial Specialist at Old Mutual

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intermediate Actuarial Specialist  in  Cape Town (South Africa)
    Current Employee - Intermediate Actuarial Specialist in Cape Town (South Africa)

    I have been working at Old Mutual full-time for more than 3 years

    Pros

    Great job satisfaction, great people, great rotation policy.

    Cons

    Lots of red tape at times.

    Recommends
    Positive Outlook
    Approves of CEO

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