Old Mutual

  www.oldmutual.com
  www.oldmutual.com

Old Mutual Reviews

Updated November 12, 2014
Updated November 12, 2014
25 Reviews
3.4
25 Reviews
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Old Mutual Group CEO Julian Roberts
Julian Roberts
11 Ratings

Employee 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 (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 (less than an 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.  

    Great culture, great people.

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

    I have been working at Old Mutual full-time (less than an year)

    Pros

    The CEO is very keen to embed culture throughout the business, and remains actively engaged with employees. The company is very supportive of organic growth and allows employees to continue their development within the firm.

    Cons

    Management fails to communicate with teams, and as such, fails to understand true underlying issues of their teams. Most areas of the business are kept in a silo, which is counterintuitive as we depend on one another.

    Advice to ManagementAdvice

    Remain actively engaged with your teams. Book bi-weekly meetings to discuss difficulties and challenges, and also sit with your team in the office. I'm unsure why heads of teams are given a prestigious seat miles away from their teams. Many employees are computer illiterate also, which is a slight worry, especially within a business sector responsible for conducting several trades a day and managing large quantities of data.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Consultant's Perspective

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

    I have been working at Old Mutual as a contractor (more than 3 years)

    Pros

    Large organisation, provides lots of work. Regularly new projects and opportunities. Some great people. Opportunities to learn and grow up to a point. Some opportunity for travel.

    Cons

    Not cutting edge. Slow to respond to technology progress. A lot of redundancy and bureaucracy. Big projects can be stopped at any point causing some insecurity and a drop in morale.

    Advice to ManagementAdvice

    Focus on building out your core technology competency - it can not be outsourced with any degree of success.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  8.  

    Very developmental ito management and leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Manager in Soweto (South Africa)
    Current Employee - Sales Manager in Soweto (South Africa)

    I have been working at Old Mutual full-time (more than 10 years)

    Pros

    Stable employment and it offers balanced life in terms current and future benefits

    Cons

    Not all business units are representative of Old Mutual core values especially at senior management in Foundation Market

    Advice to ManagementAdvice

    Employee Barot survey should be conducted at business unit level. Senior management behaviour is a non matter despite it's effects in the business

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    crap

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Old Mutual

    Pros

    well possibly the brand name

    Cons

    the whole joint was depressing

  10.  

    financial planning

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Johannesburg (South Africa)
    Former Employee - Financial Advisor in Johannesburg (South Africa)

    I worked at Old Mutual full-time (less than an year)

    Pros

    the atmosphere and the satisfaction you have a=seeing someone who becomes more financially secure

    Cons

    The not knowing when your salary will come

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    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 (more than an 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

Old Mutual Photos

Old Mutual, Lambeth Hill (Photo thanks to Geograph user Jonathan Thacker, Some Rights Reserved)
Hook: Bartley Wood Business Park (Photo thanks to Geograph user Nigel Cox, Some Rights Reserved)
Headquarters of Old Mutual on Lambeth Hill (Photo thanks to Geograph user Basher Eyre, Some Rights Reserved)

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