Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated October 9, 2017
117 reviews

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3.5
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Old Mutual Group CEO Julian Roberts
Julian Roberts
41 Ratings

117 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. "Old Mutual Wealth"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Old Mutual full-time

    Pros

    Strong company, poor culture not investing enough in staff

    Cons

    technology costs spiralling out of control

    Advice to Management

    invest in your employees


  2. "Working at Old Mutual"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Communications Consultant in Pinelands, Western Cape (South Africa)
    Current Employee - Communications Consultant in Pinelands, Western Cape (South Africa)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Competitive salary in some areas
    Good provident fund
    Possibility of flexi-hours
    Great Group Life Cover

    Cons

    Company does not contribute to medical aid

    Advice to Management

    Move with the times.

  3. "Could be better run"

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

    I have been working at Old Mutual full-time

    Pros

    Good environment promoting team work
    Solid for actuaries

    Cons

    New set of leaders absolutely poor.

    Advice to Management

    It's not all about bringing in your old pals


  4. "Financial advisor"

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

    I worked at Old Mutual full-time

    Pros

    Great commission and place to work.

    Cons

    Lack of growth opportunities and development


  5. "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.


  6. "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


  7. "Exposure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pinelands, Western Cape (South Africa)
    Former Employee - Anonymous Employee in Pinelands, Western Cape (South Africa)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    great exposure; big company to learn anything; allows one to make a mistake; encourages further development

    Cons

    one is just a number

    Advice to Management

    keep up the entrepreneurial spirit

  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 Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Johannesburg (South Africa)
    Former Employee - Financial Advisor in Johannesburg (South Africa)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Client face to face inter action and meeting new people on a daily basis and gaining their trust

    Cons

    Time spent on travelling


  10. "Good when you need to gain experience but hard to progress"

    StarStarStarStarStar
    • 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

    Good for younger people looking for experience in the industry

    Cons

    Tends to not be much chance to progress further


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