Old Mutual Life Assurance Company
4,0 out of 5 stars.
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Old Mutual Life Assurance Company Pay & Benefits reviews: Financial Planner

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management are skill full progressive company lots of opportunities lots of support from management fun place to work there is no basic salary, commission only
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Good place to start my career and was good but the commission split and management support not on the same level as at Nedbank. Was grateful could at least learn here
Pros
Flexible Hours
Cons
Salary/ Commission not great
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The job is very tough and if you don't put in you will not get much out. There is negatives and positives though. The negatives is that targets get pushed up witch means you need to go see more clients and put in more money witch is very little because the salary don't go up it stay the same while food and petrol goes up and makes life more expensive than the year before. The positives is that because your salary is so little it push and motivates you to work harder and put in more to be successful so at the end of the day with a higher target you will earn more. But other than that I have had a lot of success of my own and through the hard work I have put in I have reached goals I have thought ill never reach by putting in time and money to make myself and business grow and move forward.
Pros
own working hours
Cons
High targets
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Contacting clients and setting up meetings is the first thing on a working day. Leave office and go see 3 clients a day. Working with targets that must be reached by Friday. On my own i have to assess the risk of any assurance taken to abreast myself for my future actuarial career. Submit all signed business to management for approval. Co workers help each other when it comes to decision on which funds to put a client's funds. So team work is major in our job. The hardest part of the job is prospecting. I have to be in many networking programs like gym, golf club, tennis club, dance club and church, This is very expensive to maintain but helps in getting business. Most Enjoyable part of my job is that there is a lot of time for me to study that time when I have no appointments to see.
Pros
Good employee benefits
Cons
No growth academic wise
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