Old Mutual salaries

Q: Is the pay good at Old Mutual?

Yes, the pay is good at Old Mutual. Compared to the industry average of $84,802 per year, the average annual salary at Old Mutual is $91,115, which is 7.44% higher.

Q: What is the starting pay at Old Mutual?

The starting pay at Old Mutual is $50,000 per year, or $24.04 per hour.

Q: How much does Old Mutual pay an hour?

Old Mutual pays $43.81 an hour, on average.

Zippia score 4.1

Old Mutual salary estimate

$91,115yearly

$43.81 hourly rate

Entry-level salary

$50,000 yearly salary

Updated December 15, 2025

Understanding Old Mutual Salaries

At Old Mutual, the average salary is $91,115, which varies depending on location and department. For instance, finance roles tend to command higher salaries due to the specialized skills required. In addition to competitive base pay, employees benefit from performance bonuses and other incentives that enhance overall compensation.

When considering opportunities at Old Mutual, it's essential to explore salary averages by department:

Finance: Typically offers the best salaries.
Technology: Competitive rates reflecting industry standards.
Administration: Offers stable salaries with room for growth.

Additionally, salaries can vary significantly based on geographic location, so it is beneficial to consider this when evaluating job offers. Understanding these factors will help prospective employees gauge their earning potential.

Highest paying jobs at Old Mutual

The highest paying jobs at Old Mutual are chief administrative officer, vice president of information technology, regional vice president, and marketing director. Chief administrative officer jobs at Old Mutual earn an average yearly salary of $159,277, Old Mutual vice president of information technology jobs average $152,620, and Old Mutual regional vice president jobs average $148,520.

The lowest paying Old Mutual roles include call agent and clerk. Old Mutual call agent average salary is $27,817 per year. So while the average Old Mutual salary is $91,115 there is a big variation in pay depending on the role.

Highest paying jobs at Old Mutual

Rank	Job title	Average Old Mutual salary	Hourly rate
1	Chief Administrative Officer	$159,277	$76.58
2	Vice President Of Information Technology	$152,620	$73.38
3	Regional Vice President	$148,520	$71.40
4	Marketing Director	$143,512	$69.00
5	Hedge Fund Manager	$135,576	$65.18
6	Senior Administrator	$134,014	$64.43
7	Database Administrator	$128,907	$61.97
8	Chief Compliance Officer	$124,953	$60.07
9	Interactive Developer	$116,846	$56.18
10	Informatica Developer	$114,146	$54.88
11	Sales Team Manager	$111,661	$53.68
12	Business Analyst	$108,458	$52.14
13	Actuarial Associate	$105,133	$50.54
14	Actuary	$104,764	$50.37
15	Sales Representative	$100,727	$48.43
16	Senior Auditor	$99,863	$48.01
17	Management Associate	$98,670	$47.44
18	Finance Analyst	$98,122	$47.17
19	Account Executive	$97,496	$46.87
20	Finance Advisor	$89,462	$43.01

Rate Old Mutual's fairness in compensating employees.

How much does Old Mutual pay by location?

The average Old Mutual salary varies by location. Old Mutual salaries are the highest in New York, NY, at $111,081 per year. Old Mutual pays the second highest average salary in Boston, MA, at $107,783 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Old Mutual locations

Rank	Location	Average Old Mutual salary	Hourly rate
1	New York, NY	$111,081	$53.40
2	Boston, MA	$107,783	$51.82
3	Baltimore, MD	$94,655	$45.51
4	Atlanta, GA	$78,265	$37.63

Do you work at Old Mutual?

Did Old Mutual's compensation package meet your expectations?

Old Mutual salaries by department

Salaries at Old Mutual vary depending on the department you work in. Old Mutual salaries in the business development department are the highest with an average salary of $144,197. Employees in the engineering department at Old Mutual receive relatively high salaries as well, with an average salary of $125,758 per year. Departments that don't pay as well at Old Mutual include the customer service and the administrative organizational functions, with employees earning average salaries of $55,421 and $65,892, respectively.

Average Old Mutual salary by department

Rank	Department	Average Old Mutual salary	Hourly rate
1	Business Development	$144,197	$69.33
2	Engineering	$125,758	$60.46
3	IT	$116,089	$55.81
4	Plant/Manufacturing	$108,226	$52.03
5	Accounting	$88,532	$42.56
6	Marketing	$88,513	$42.55
7	Finance	$86,892	$41.78
8	Sales	$85,030	$40.88
9	Human Resources	$69,754	$33.54
10	Administrative	$65,893	$31.68
11	Customer Service	$55,422	$26.65

How much does Old Mutual pay by department?

Best paying Old Mutual finance salaries

Rank	Position	Average Old Mutual salary	Hourly rate
1	Hedge Fund Manager	$135,576	$65.18
2	Actuarial Associate	$105,133	$50.54
3	Actuary	$104,764	$50.37
4	Actuarial Assistant	$103,873	$49.94
5	Finance Analyst	$98,122	$47.17
6	Finance Advisor	$89,462	$43.01
7	Investment Analyst	$86,770	$41.72
8	Consultant	$84,350	$40.55
9	Registered Representative	$82,936	$39.87
10	Investment Banking Internship	$64,163	$30.85
11	Contracts Representative	$58,667	$28.21
12	Branch Manager	$54,469	$26.19
13	Claim Processor	$52,968	$25.47

Best paying Old Mutual administrative salaries

Rank	Position	Average Old Mutual salary	Hourly rate
1	Administrator	$108,195	$52.02
2	Regional Coordinator	$61,767	$29.70
3	Accountant And Office Manager	$56,941	$27.38
4	Personal Assistant	$56,552	$27.19
5	Desk Operator	$54,801	$26.35
6	Senior Administrative Specialist	$52,401	$25.19
7	Executive Administrative Assistant	$49,855	$23.97
8	Receptionist	$30,604	$14.71
9	Clerk	$29,287	$14.08

Best paying Old Mutual sales salaries

Rank	Position	Average Old Mutual salary	Hourly rate
1	Regional Vice President	$148,520	$71.40
2	Market Manager	$118,411	$56.93
3	Sales Team Manager	$111,661	$53.68
4	Sales Representative	$100,727	$48.43
5	Account Executive	$97,496	$46.87
6	Internal Wholesaler	$66,724	$32.08
7	Insurance Agent	$60,246	$28.96
8	Account Representative	$38,173	$18.35

Old Mutual competitors’ average salaries

Average salaries at Old Mutual competitors, like Pacific Investment Management Company LLC, First Republic Bank, and PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC, vary. Pacific Investment Management Company LLC employees earn the highest salaries, with an average yearly salary of $132,360. The average salary at First Republic Bank is $108,055 per year, and the average salary at PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC is $99,637 per year.

Highest paying Old Mutual competitors

Rank	Company name	Zippia score	Average salary
1	Pacific Investment Management Company LLC	4.9	$132,360
2	First Republic Bank	4.6	$108,055
3	PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC	4.7	$99,637
4	Credit Agricole CIB	4.9	$96,783
5	Mesirow	4.8	$95,831
6	Eaton Vance	4.7	$94,326
7	CIT Group	4.8	$92,061
8	J.P. Morgan	4.6	$91,013
9	Leumi	4.8	$82,917
10	Corporate One Federal Credit Union	4.1	$81,502
11	Financial Institutions	4.6	$79,490
12	Sanlam Healthcare	4.0	$78,015
13	Elements Financial	3.7	$77,913
14	Aviva plc	4.6	$77,263
15	Wachovia Securities	4.7	$77,123
16	Citicorp North America, Inc	4.6	$75,719
17	Financial Holding Corporation	4.6	$75,293
18	Clearpoint	4.6	$70,557
19	Capitec Bank	4.2	$61,860
20	Bank of Scotland	4.5	$48,315

What employees say about salary at Old Mutual

Employee reviews

5.0

A zippia user wrote a review on Mar 2023

Pros of working at Old Mutual

The work ethic and the great team

Cons of working at Old Mutual

Appreciation for innovation and new ideas, these sometimes were not rewarded

Old Mutual benefits

The ability to work from home

Is this useful?

4.0

A zippia user wrote a review on May 2021

Pros of working at Old Mutual

Upskilling employees

Cons of working at Old Mutual

There is no proper structure to promote staff/Lack of opportunies to grow internal

Old Mutual benefits

employee shares

Is this useful?

5.0

A zippia user wrote a review on Oct 2019

Pros of working at Old Mutual

Interesting work, good salary and benefits, global opportunities for career growth

Cons of working at Old Mutual

change in strategy to focus on African business, withdrawing from US, Europe, Central and South America

Old Mutual benefits

401k contributions

Is this useful?

Frequently asked questions about Old Mutual salaries

Is the pay good at Old Mutual?

What is the starting pay at Old Mutual?

How much does Old Mutual pay an hour?

Have more questions? See all answers to common company questions.

Search for jobs

Companies
Old Mutual
Old Mutual Salaries

Updated December 15, 2025

Zippia gives an in-depth look into the details of Old Mutual, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Old Mutual. The employee data is based on information from people who have self-reported their past or current employments at Old Mutual. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Old Mutual. The data presented on this page does not represent the view of Old Mutual and its employees or that of Zippia.

Old Mutual may also be known as or be related to OLD MUTUAL PLC, Old Mutual and Old Mutual Ltd.