Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated May 14, 2017
18 reviews

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Current Employees

3.0
Star Star Star Star Star
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Approve of CEO
Old Mutual Group CEO Julian Roberts
Julian Roberts
5 Ratings

18 Employee Reviews

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Pros
  • Culture, work/life Balance, pay and benefits, colleagues (in 5 reviews)

  • Great people, interesting work available during enormous organisational change (in 8 reviews)

Cons
  • salary below industry average before reaching senior management level; promotion is very slow and difficult (in 5 reviews)

More Pros and Cons

  1. "Meh"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Old Mutual full-time

    Pros

    Good benefits and fair salary range.

    Cons

    Organization is flat, very little room for advancement.

    Advice to Management

    Acknowledge the talent right in front of your eyes.


  2. "COOL ENVIRONMENT"

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

    I have been working at Old Mutual as an intern (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 Management

    find more work for the interns to do


  3. "INTERNATIONAL ORGANISATION"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cape Town (South Africa)
    Current Employee - Anonymous Employee in Cape Town (South Africa)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Old Mutual full-time (More than 5 years)

    Pros

    quite an interesting organization, excellent rewards

    Cons

    too big & too slow in certain countries.

    Advice to Management

    embrace technology.


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  5. "Quite a mixed bag"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Old Mutual full-time

    Pros

    Fantastic organizational culture and benefits. You're guaranteed a raise every year while bonuses are paid based on company and personal performance

    Cons

    very slim career growth opportunities

    Advice to Management

    Deliberate steps needs to be taken to improve on career growth opportunities outside of South Africa


  6. "OM review"

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

    I have been working at Old Mutual full-time

    Pros

    The Commission from sales is uncapped

    Cons

    Incredibly high paced and highly stressful environment

    Advice to Management

    Better support structures for advisers


  7. "Things have changed"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Old Mutual full-time

    Pros

    Great work life balance, competitive pay and benefits, culture used to be great

    Cons

    Strategic decisions had impacted on staff morale, limited internal movment


  8. "Massive Opportunities abound"

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

    I have been working at Old Mutual full-time (More than 5 years)

    Pros

    Great place to work. long-term and has massive opportunities.

    Cons

    Legacy issues and cronyism


  9. "Nearing the end..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Assistant in London, England (UK)
    Current Employee - Personal Assistant in London, England (UK)
    Doesn't Recommend
    Neutral Outlook

    I have been working at Old Mutual part-time (More than 10 years)

    Pros

    Great people, great location, good pay/benefits

    Cons

    Closing down! Communication and treatment of remaining staff (and those that have left recently)

    Advice to Management

    Communicate, be frank and honest, be sympathetic


  10. "A good place to work, but a little too safe."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Friendly, polite culture. Integrity and genuineness. Some flexible working.

    Cons

    Paternalistic and hierarchical. Culture can be conservative and slow to change.

    Advice to Management

    Increase openess to new ideas. More rotation of talent


  11. "Personal assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Assistant in Nairobi (Kenya)
    Current Employee - Personal Assistant in Nairobi (Kenya)
    Doesn't Recommend
    Negative Outlook

    Pros

    The company is stable as its a member of the Old Mutual group which is a leading multinational long-term savings, protection, investment and banking group which has been operating for 171 years.
    Very customer centric.

    Cons

    Little collaboration between departments
    Mediocrity amongst staff
    Poor leadership and bureaucracy
    Lower reward and benefits as compared to rest of market

    Advice to Management

    Lead by example
    Motivate and have tough conversations with team to drive efficiency in work and delivery
    Create initiatives to retain its people and skills


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