Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated August 18, 2017
40 reviews

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3.0
StarStarStarStarStar
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Approve of CEO
Old Mutual Group CEO Julian Roberts
Julian Roberts
11 Ratings

40 Employee Reviews

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Pros
  • Commitment to work/life balance and employee wellbeing (in 6 reviews)

  • Great people, interesting work available during enormous organisational change (in 9 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. "Not a Bad Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Security Engineer
    Former Employee - IT Security Engineer
    Recommends
    Positive Outlook

    I worked at Old Mutual full-time (More than 5 years)

    Pros

    Had very good benefits and management was helpful at times.

    Cons

    Some nepotism involved and did not like promoting from within

    Advice to Management

    Learn to promote from within and this will be very encouraging for employees


  2. "Underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great medical benefits, 401k match and pension.

    Cons

    Lack of career development and advancement

  3. "Sr. Assoc."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Marlborough, MA
    Former Employee - Anonymous Employee in Marlborough, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Old Mutual (More than a year)

    Pros

    Great people (some very bright people), great location, generous resources

    Cons

    Limited growth for some divisions

    Advice to Management

    How will you expand?


  4. "Old Mutual group - slow paced but stable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Strategy Manager in Atlanta, GA
    Former Employee - Strategy Manager in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Old Mutual (More than 5 years)

    Pros

    Old Mutual is one of the biggest insurer focused on emerging markets
    Very established company, stable and and focused on growing in emerging markets.

    Cons

    Fairly slow paced with politics associated with large companies

    Advice to Management

    Need to change a lot of practices i.e. adopt best practices associated with truly global companies especially in HR policies


  5. "OM review"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Worked with some great people and really interesting projects.

    Cons

    Fairly frequent turnover of senior management team.


  6. "COOL ENVIRONMENT"

    StarStarStarStarStar
    • 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


  7. "Meh"

    StarStarStarStarStar
    • 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.

  8. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Financial Planner in Centurion (South Africa)
    Current Employee - Personal Financial Planner in Centurion (South Africa)
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Old Mutual full-time (More than 3 years)

    Pros

    Good Corporate Environment, Employee Benefits, Flexible Hours, Managerial Support

    Cons

    Poor Commission Structure, Too many meetings


  9. "financial adviosr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Freelancer - Anonymous Freelancer
    Former Freelancer - Anonymous Freelancer
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    excellent products developed for the kenyan market

    Cons

    no retainer for the sales staff and that can be crippling for early stage workers


  10. "Mr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Financial Advisor in Klerksdorp (South Africa)
    Current Contractor - Financial Advisor in Klerksdorp (South Africa)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Old Mutual as a contractor (Less than a year)

    Pros

    I like to help people so that they reach their financial goals.

    Cons

    When a client,suddenly,cancel the agreed contract.

    Advice to Management

    I would like to encourage management on the issue of be in alert and prepared to help the new trainees during financial advisory training.


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