Old Mutual Life Assurance Company logo
Old Mutual Life Assurance Company
4,0 out of 5 stars.
Get weekly updates, new jobs, and reviews

Old Mutual Life Assurance Company Employee Reviews for Financial Advisor

Review this company
Job Title
Location

Ratings by category

3,7Work-Life Balance

Sort by

HelpfulnessRatingDate
Found 477 reviews matching the searchSee all 1 485 reviews
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive and pressure

Indeed Featured review

The most useful review selected by Indeed
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
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Stressful and unstructured

rude managers and no skills to manage people. All they wanted was sales, forced to sing, pray and clap your hands. Being punished and embarrassed Infront of others. harassment was also a factor. No room for growth. The culture is not great and you do not really have a knock off time. Always being threatend to be fired. The environment was very bad. Working there for me was not conducive.

Pros

Work Functions, you develop a tough skin for sales

Cons

No respect, no knock off time, stressful
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Stressful work environment

Stressful work environment, unrealistic targets to meet production, unprofessional management depression cause by high targets of production If you are a lady will expirience miscarriage, you will not have time for your family ,you can't sleep without meeting the targets of 3clients per day who take a policy. You will dig a grave for yourself if you be working as financial advisorEven if you meet your targets you will not be appreciated or rewarded

Pros

You manage your time

Cons

Unprofessional management
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

I enjoyed working at the company, i was smartly dressed every day and i enjoyed every day i worked there.

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.
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive

Self driven and self motivated. More about life cover and investments. Management would create an efficient working atmosphere and obtain willing cooperation in getting the job done by adjusting one's style on the twin dimensions of task and relationship behavior. The workplace culture was more of a team effort and helping each other. The hardest part of the job was getting people to sign-up and the most enjoyable part of the job was the hours.

Pros

Knock off early on Fridays, subject to target reached.

Cons

Getting people to sign-up.
Was this review helpful?

Rate your recent company

Share your experience to help others

Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive and hard working environment.

A typical day at work will start with a "bang" meeting with your manager discussing what you have planned for your day. I loved working at OM. I learned so much. I stayed in the insurance field until 2019 and would always measure the workplace culture to that of OM. I enjoyed the hard work the passion I had for the brand kept me going.

Pros

Cooooffffeeeeee

Cons

Changing rem structure
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Fast paced

Theres a lot of room for growth, skills and qualification training programmes, needs dedication, hard work and be always eager to learn new things as we continuously learn.

Pros

Rewards and many other incentives

Cons

Hard work and long working hours, you work for your ow salary
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive and enjoyinv my job.

Acquired communication skills through my experience and social involvement. Work with our supervision as well as under pressure. Computer skills Microsoft office, Outlook, Sap and Microsoft PowerPoint. Good oral and written communication. I have learnt to work well with people from various cultures, norms and values. Planning, organising,. control and time keeping. Office administration- filing, diary telephone management, good client/customer orientation.

Pros

Random braais

Cons

Work on weekends
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive

It was fine. But some managers must put personal issue aside special at work, and they must encourage education because education is the key in future. Thank You

Pros

Travel allowance, car allowance etc.

Cons

Long hours
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Fun workplace

It is a nice company to work in and the people are friendly as well and they have a good team and we help one another and they have fairness in everything that they do

Pros

Free lunch

Cons

Long hours
Was this review helpful?

We want to help you find great companies. Help us be the best!

Do these reviews help you learn more about working at Old Mutual Life Assurance Company?

Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

honesty and integrity

the only thing you need to do when you are working at old mutual is be honest to your clients so that you can gain their trust and sell efficiently

Pros

dress code

Cons

appearance
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Great people but very stressful

Working hours 8 till 4Pressured to have your clients in full weekly if not you get to sign a poor performance every weekToo much admin work to be done

Pros

Petrol allowance

Cons

Salary not fair
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Very productive and fun to work at

You get educated and qualifications when you work at old mutual and the manager treat workers fairly they encourage the workers to never give up n work hard

Pros

Team buildings

Cons

Long hours
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive fun and stressful at the same time

Working at old mutual was the best opportunity for me to be introduced into the wolrd of markieting and sales. Having studies sport management with marketing in it I have gained a lot of useful information about the industry. I have learned how to keep it coll and calm under unforeseen circumstances. It is a stressfulo job but once you get used to it and have strageies on how to tackle your day it becomes more fun joyful.

Pros

Proper training

Cons

Too much expectations on sales
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Best

They are the ones of thee best insurance company around South Africa and it is fun to work with the since they got many activities that includes the employees

Pros

None

Cons

None
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Good and Excellent

My name is Fungiwe Soyekwa I reside in Kwazulu Natal.. I am a hard working person who strive under pressure who can be able to deal with different characters i have respect to all people around me.

Pros

None

Cons

None
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Im happy to work on this company

Im happy because the are trainings which opens your mind and know everything abaout insurance. You learn in how to talk with a group and you will have
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Productive and fun workplace

Working at Old Mutual is a great experience. The problem I experienced was being limited to service employees earning R15000 and above. I resigned because if I don't meet target I don't earn anything for that month
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

A welcoming and productive working environment.

To whom it may concern This is a company which prioritize its customers and employees, it is mindful of the clients and customers. Support is provided to all those necessary. Regards
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

Good

You we'll love working for OM I can say ppl must apply. Different experience from all the jobs that I have done before. And working with different people every day that I love. And you build Loyally between you and your client.
Was this review helpful?
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture

good

Love working with people and meet dayly targets. With good bisnis idees stop orders deppede orders with is affordable for customers to pay on a month to month
Was this review helpful?

Want to know more about working here?

Ask a question about working or interviewing at Old Mutual Life Assurance Company. Our community is ready to answer.Ask a Question

Overall rating

4,0

Based on 1 485 reviews
5
583
4
445
3
353
2
66
1
38

Ratings by category

3,7Work/Life Balance
3,5Salary/Benefits
3,4Job Security/Advancement
3,5Management
3,8Culture