Old Mutual Reviews | Glassdoor

Old Mutual Reviews

Updated September 13, 2017
115 reviews

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115 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. "Company review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Thika (Kenya)
    Current Employee - Financial Advisor in Thika (Kenya)
    Recommends
    Neutral Outlook

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

    Pros

    They have a good working environment that is conducive to work and good career progression.

    Cons

    There is a high turn over of employees annually due to there unattractive compensation and remuneration packages.

    Advice to Management

    Revise the compensation and compensation systems


  2. "FINANCIAL PLANNER"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Planner in Mexico, Distrito Federal (Mexico)
    Former Employee - Financial Planner in Mexico, Distrito Federal (Mexico)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Flexible, Commisions, Products, Envoir, Location

    Cons

    Bad benefits, salaries, people without strong studies

  3. "Fixed income Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Cape Town (South Africa)
    Former Employee - Anonymous Employee in Cape Town (South Africa)

    I worked at Old Mutual full-time (More than 10 years)

    Pros

    Provides an enabling environment for employees

    Cons

    It is a big corporation and an individual quickly becomes statistics


  4. "Senior Lead Business Analysis"

    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
    Disapproves of CEO

    I have been working at Old Mutual full-time

    Pros

    They help you study with bursaries and loans

    Cons

    Slow to change, process heavy.

    Advice to Management

    Get innovative, get agility and flexibility


  5. "Lost its way"

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

    I have been working at Old Mutual full-time

    Pros

    Big budgets so money to spend on travel perks, entertainment and projects
    Good education bursaries and development
    Good work life balance

    Cons

    Very bureaucratic, heavy processes which waste time, decision making slow, lack of innovation
    Poor leadership at the top - big egos and little diversity
    Technology antiquated and poor customer service
    Top management been there forever an set in their ays - dictatorial especially HR

    Advice to Management

    Need a top leadership overhaul and put in inspirational people - all those that were great have left
    Remove stifling processes which inhibit innovation
    Less meetings and more empowerment to make decisions


  6. "Service owner for EUC, AD, Messaging and SCCM"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Nice people in my team

    Cons

    Very huge EE driven. This is for both internal and external candidates.


  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. "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.


  9. "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


  10. "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?


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