Mutual of Omaha - Great company to work for if you are able to advance | Glassdoor
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There are newer employer reviews for Mutual of Omaha

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Helpful (2)

"Great company to work for if you are able to advance"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Long Term Disability Claim Analyst in Omaha, NE
Former Employee - Long Term Disability Claim Analyst in Omaha, NE
Recommends
Positive Outlook
Approves of CEO

I worked at Mutual of Omaha full-time (More than a year)

Pros

Full service cafeteria with additional fast food restaurants, 5 free personal days to use on top of your accrued PTO/vacation time, many different departments to advance in.

Cons

Salary is slightly lower than competing companies but pretty competative; difficult to advance if you don't know the right people, they do not seem to take into account an associates degree vs. bachelors degree vs. masters degree when it comes to pay.

Advice to Management

Advance those with skills and proof of productivity and do not only hire those you are friends with.

Other Employee Reviews for Mutual of Omaha

  1. Helpful (7)

    "Don't be fooled with the temptation of unlimited income"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Based Advisor in Cleveland Heights, Cuyahoga, OH
    Former Employee - Insurance Based Advisor in Cleveland Heights, Cuyahoga, OH
    Doesn't Recommend
    Disapproves of CEO

    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 Management

    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.


  2. Helpful (2)

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

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Field Sales Manager in Boston, MA
    Former Employee - Field Sales Manager in Boston, MA
    Doesn't Recommend
    No opinion of CEO

    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 Management

    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.


There are newer employer reviews for Mutual of Omaha
There are newer employer reviews for Mutual of Omaha

See Most Recent

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