Old Mutual Life Assurance Company
4,0 out of 5 stars.
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Old Mutual Life Assurance Company Employee Review

Pleasant co workers/peers

2,0
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture
6 July 2018
Stressful environment. Immense pressure to reach targets and made to feel incompetent if you don't. Many factors are beyond your control. The first 2 years you are given a target to reach and if you reach it you get a salary. After that the basic falls away which can leave you for months without an income as you are penalised for policies that fall off books. My peers where a pleasure to work with.
Ratings by category
2,0Work/Life Balance
2,0Salary/Benefits
1,0Job Security/Advancement
1,0Management
2,0Culture
Pros
none
Cons
not getting paid. no basic compensation for cancelled policies
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FINANCIAL ADVISOR (Former Employee) - Pretoria, Gauteng
Oldmutual is a very gold driven company that believes in honest, integrity and always aiming to be at the top it pushes beyond boundaries. The pressure is to much but we get competitions to motivate us to work hard
Pros
Free CNT
Cons
Long hours
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Personal Financial Advisor (Former Employee) - Phuthaditjhaba, Free State
The worst wotking for old mutual is that the company does not look after its employees. For an example the company do not offer basic salary, its a commission based salary only. It is very difficult to survive months to months without getting paid some of the months due to lot of reasons, one of those reasons being lapses from a client.If it wasn't for the salary structure I would have been still working there till today.
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4,0
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Financial Services Consultant (Former Employee) - Port Elizabeth, Eastern Cape
It's a nice environment Stressing sales You need to make sure you are good and tolerant of rude clients and management, racism is too much need be careful if you are black
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