Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated September 8, 2017
43 reviews

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4.0
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Old Mutual Group CEO Julian Roberts
Julian Roberts
14 Ratings

43 Employee Reviews

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Pros
  • Great people, interesting work available during enormous organisational change (in 11 reviews)

  • Commitment to work/life balance and employee wellbeing (in 6 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. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Old Mutual full-time (More than 3 years)

    Pros

    Inspiring CEO, good pay, great benefits

    Cons

    While some department may have exercised good work/life balance, the finance group didn't seem to have that mentality. Poor communication and processes with the parent company were frustrating.


  2. "Business Development"

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

    Pros

    Excellent benefits, forward thinking firm.

    Cons

    Very little infrastructure to support professional development.

  3. "Solid Company to Work For"

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

    Pros

    Treat employees well with competitive pay and benefits, time-off, weekly lunches, summer hours

    Cons

    Stuffy, top-down management. Tough to develop career if you start at a lower position.


  4. "Disconnected constantly changing strategies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Manager in Denver, CO
    Current Employee - Marketing Manager in Denver, CO
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The people were great! Very professional and experienced people in the Denver office.

    Cons

    The constant battle between parent company and affiliates.

    Advice to Management

    Really focus on a strategy to completion.


  5. "Hard work is its own reward"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Actuarial Assistant in Baltimore, MD
    Current Employee - Actuarial Assistant in Baltimore, MD
    No opinion of CEO

    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 Management

    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.


  6. "Life at OM"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Recommends
    No opinion of CEO

    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 Management

    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.


  7. "Growing Company - Great Place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO
    Recommends
    Approves of CEO

    Pros

    Fast Growing Investment Firm expanding into various areas of Global investing beyond insurance. We are still small and in flat organization model - which gives many employees the opportunity to work on a number of diverse projects.
    Benefits package is very genersous.

    Cons

    Compensation of employees - word is most people or below comparable roles in the industry.

    Advice to Management

    Being a smaller firm, we need to retain the best people, in order to do that, we need to start paying them above average for just about everyone does more work than similar roles in other firms.

  8. "What happened"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Old Mutual full-time

    Pros

    Old Mutual plc was a great place to work - interesting work and great people. Fantastic to be part of a global group.

    Cons

    The dissolution of the company was a surprise and the initial steps were not planned well in terms of impact on staff and morale

    Advice to Management

    Think through the people impact of decisions not only the impact on the shareholders.


  9. "great company"

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

    I worked at Old Mutual full-time

    Pros

    great culture at head office

    Cons

    large global footprint across very different business models


  10. "Nice place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Business Analyst in London, England (UK)
    Former Contractor - Business Analyst in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Old Mutual as a contractor (More than a year)

    Pros

    Nice working environment, great people.

    Cons

    I didn't experience any cons.


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