Old Mutual Reviews

Updated July 31, 2014
Updated July 31, 2014
21 Reviews
3.5
21 Reviews
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Approve of CEO
Old Mutual Group CEO Julian Roberts
Julian Roberts
8 Ratings

Employee Reviews

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  1.  

    The Borg Outpost

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

    I worked at Old Mutual full-time for more than a year

    Pros

    Many nice people – especially the more recent joiners

    Cons

    Clichés and fiefdoms connected by their length of service, rather than value, competency or effectiveness.

    Decision making by committee or collective – no one wants to be accountable for a decision.

    Advice to ManagementAdvice

    Stop shuffling and promoting the same old bunch of people around

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    A leaderless company that doesn't have a vision or know to manage itself in advance of problems.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Old Mutual

    Pros

    Being employed is better than being unemployed. Responsibilities are delegated, and compensation was fair. The company does maintain a strong balance sheet.

    Cons

    The failure of leadership means your job is at high risk of developing into a past position as they lay people off to compensate for their failures.

    Advice to ManagementAdvice

    Get a vision and treat people with respect.
    Don't rely on direct reports to tell you what is going on. The issues underneath them are severe and known to the staff's. They could tell you how to fix them before you sell the subsidiary and fire everyone.
    Treat people fairly.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    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
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  5.  

    Past Experiences

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

    I worked at Old Mutual full-time for more than a year

    Pros

    Good Benefits package and renumeration

    Cons

    Lack of personal managers who monitored individuals progress and development

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    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

  7.  

    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
  8.  

    Co-workers are great ,nice casual atmosphere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Database Administrator
    Current Employee - Database Administrator

    I have been working at Old Mutual

    Pros

    Employees are allowed to work from home. Great access to training for employees.

    Cons

    Favortism, lack of team work within 1 group.

    Advice to ManagementAdvice

    a more professional approach and less interpersonal information

    Recommends
    No opinion of CEO
  9.  

    Work for yourself.

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

    I have been working at Old Mutual

    Pros

    Balance personal and work - allowing time off when one needs it.
    They seem to provide benefits which are slightly higher than other competitors in the industry.

    Cons

    compartmentalised nature of the group - there seems to be a lot of r redundancies with no clear group direction. Senior management do not appear to want to feed back information to the staff. Communication is good but could be better.

    Advice to ManagementAdvice

    It is important that staff feel part of the business. Businesses where staff have felt part of the business, they have given unquestionably of their time and effects. Be more forth coming and keeping staff in the loop with what goes on in the rest of the group and how this might affect them. In this era of near recession, it is important that staff feel senior management are sympathetic to what might become of their jobs and whether or not they will be losing theirs.

    No opinion of CEO
  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 for less than a 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 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

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