140 Employee Reviews (View Most Recent)

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2 people found this helpful  

Great place to work!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Business Systems Analyst  in  Omaha, NE
Current Employee - Senior Business Systems Analyst in Omaha, NE

I have been working at Mutual of Omaha

Pros

Fabulous 401k match
On site cafeteria
Community involved
Caring staff
Work/Life balance
Promotes decent wellness plans

Cons

Politics - like everywhere else
Communication can be lacking

Advice to ManagementAdvice

Listen to the people who decide to leave the organization. . .feedback received could help retain the younger and/or stronger talent.

Recommends
Approves of CEO

Other Reviews for Mutual of Omaha

  1. 1 person found this helpful  

    Don't be fooled with the temptation of unlimited income

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Insurance Based Advisor  in  Cleveland Heights, Cuyahoga, OH
    Former Employee - Insurance Based Advisor in Cleveland Heights, Cuyahoga, OH

    I worked at Mutual of Omaha

    Pros

    "Once you make it" the money can be good.
    You literally are on your own so your time is flexible.
    Great brand name and products

    Cons

    You will be on 100% commission, you will not receive any reimbursement for gas or leads. They bring you in under the guise of unlimited income and expect you to survive off family and friends until you must then start buying leads from the company and let it be known they are very expensive (35$ per lead). You will be setting roughly 10-15 appointments a week mostly to Senior Citizens and selling them medicare and trying to "upsell" them on Long Term Care and Life Insurance (or other products). You will be driving around a lot and it gets kind of strange pulling up to "upsell" Senior Citizens. Yes you are helping them but you quickly get tired of the headaches. In order to get "paid" successfully you must not only sell policies but they must also stay on the book for a year. Yes that is right think about that you sell 4 policies then go and pay your bills (mortgage rent or whatever) then you have customers cancel on the policies only to find now you not only owe Mutual of Omaha back but now your in a little predicament. I HIGHLY advise you to explore other options that may provide a small base salary while you start your business unless you have other income to fall back upon or if you like selling and driving around then THIS IS YOUR PLACE!

    Advice to ManagementAdvice

    Offer starting base salary - Don't let agents pay for leads - Have better training - Think - Yes I said it "THINK" about your employees - offer better employee protection and 401K's.

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Mutual of Omaha Field Sales Managers must recruit salespeople that are paid 100% commission and zero salary.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Field Sales Manager  in  Boston, MA
    Former Employee - Field Sales Manager in Boston, MA

    I worked at Mutual of Omaha

    Pros

    Brand recognition, customer loyalty, wide product suite.

    Cons

    High turnover of distribution management, poor compensation structures for sales representatives, outdated thinking amongst distribution management.

    Advice to ManagementAdvice

    Seriously scrutinize your distribution strategy and compensation. 10% four year retention speaks volumes on this subject. Be a leader, an innovator, when it comes to distribution strategy and compensation.

    Doesn't Recommend
    No opinion of CEO
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