Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated June 21, 2017
66 reviews

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Current Employees

3.4
Star Star Star Star Star
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Old Mutual Group CEO Julian Roberts
Julian Roberts
23 Ratings

66 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. "Old Faithful"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Life Insurance Producer in Kïhei, HI
    Current Employee - Life Insurance Producer in Kïhei, HI
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    very good support
    quick turn around
    minimal paperwork
    the support from the home office on the mainland was great!

    Cons

    beat the street
    pound the pavement
    find your own leads
    their was no real mentor close to me and the time difference proved to be a hindrance when scheduling

    Advice to Management

    small draw would be a good start for new producers to get offices started, free signage?


  2. "Great Experience"

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

    Pros

    The staff at Old Mutual US is wonderful; everyone is very welcoming and they know how to balance work and play.

    Cons

    There aren't very many downsides to Old Mutual, however communication can be improved between senior management and the other employees.

    Advice to Management

    Great place to work; wonderful leadership;

  3. "Truly best Employer in SA, Old Mutual PFA"

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

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

    Pros

    Considerate to employees whilst at the same time driving hard for better delivery of results. To so, Old Mutual PFA is constantly developing it's people.

    Cons

    Many departments with each their requirements and systems not completely integrated into one cohesive unit, impacting on system advancement and cutting edge technology usage

    Advice to Management

    Get yourselves more into technology and embrace the Social Media change happening all around you as this will be important and increasing so into the future


  4. Helpful (1)

    "salary"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisor in Port Elizabeth (South Africa)
    Current Employee - Advisor in Port Elizabeth (South Africa)
    Doesn't Recommend
    Positive Outlook

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

    Pros

    no limit to earning potential

    Cons

    Hard work and dedication is a must

    Advice to Management

    Unnecessary training


  5. "Intermediate Actuarial Specialist at Old Mutual"

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

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

    Pros

    Great job satisfaction, great people, great rotation policy.

    Cons

    Lots of red tape at times.


  6. Helpful (1)

    "Business Analyst"

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

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

    Pros

    Great overall culture and benefits

    Cons

    Contractors do not have security

    Advice to Management

    Keep up the great work of making Old Mutual great


  7. Helpful (1)

    "We do great things!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Segment Development Manager in Johannesburg (South Africa)
    Current Employee - Market Segment Development Manager in Johannesburg (South Africa)
    Positive Outlook

    I have been working at Old Mutual full-time (More than a year)

    Pros

    People - customers and employees - are put first.

    Cons

    There are none that I have experienced so far.

    Advice to Management

    The collaboration encouraged by managment to work as one Old Mutual, and not in silo's is appreciated.

  8. "my role is to secure new business ,data capturing with complience standards and work on conservation."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Adviser in Johannesburg (South Africa)
    Current Employee - Financial Adviser in Johannesburg (South Africa)
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    The company has gained trust in the market and has a strong financial background.

    Cons

    declining of the economy caused by national strikes resulting in lose of employment.

    Advice to Management

    The company must offer benefits like pension and medical scheme to the financial advisers .


  9. "It was awesome"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager in London, England (UK)
    Current Employee - Portfolio Manager in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good working environment and culture

    Cons

    No growth since people do not move out of the company

    Advice to Management

    Promote internally


  10. "Senior Administrator"

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

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

    Pros

    One of the best companies to work for.. lots of staff benefits and bonus

    Cons

    No downside because each place is what you make of it..


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