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MLC Life Insurance

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MLC Life Insurance Reviews

3.2

52% would recommend to a friend

(142 total reviews)

35% positive business outlook

MLC Life Insurance has an employee rating of 3.2 out of 5 stars, based on 142 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

142 reviews
3.0
5 Mar 2022
Recommend
CEO approval
Business outlook

Pros

* MLC has great people at the low to mid-levels of the company that get on well together and work hard. * MLC's pay is better than many of its competitors. * There is considerable flexibility to work from home in most roles. * The company has strong financial backing from it's main parent company, NIPPON Life, in Japan. This has allowed it to weather some quite significant economic and technological storms over the last few years.

Cons

*In 2019 the company introduced a new set of systems that are still full of bugs 2 years post-rollout. My personal opinion (shared by many colleagues) is that the systems are unfit for purpose and have led to serious challenges for the company and it's customers. *Upper management has been a bit of a revolving door for the last couple of years with some key personnel leaving and being replaced by people who, in my opinion, do not perform the roles to the same standard. *There has been regular restructuring due to the challenges posed by COVID and the buggy new systems. This suggests there is a lot of instability at the company and leads inevitably to concerns about job security. *There is a considerable silo effect between departments.

1.0
6 Nov 2023

Poor Management

Recommend
CEO approval
Business outlook

Pros

Coworkers were lively and fun to work with. They were the best part of working at MLC.

Cons

Corporate governance is very poor within management. Managers have unrealistic expectations and gossip about coworkers.

3.0
23 Sept 2021

Ok in the short term

Recommend
CEO approval
Business outlook

Pros

good supportive team and colleagues

Cons

worst computer system I've ever had the misfortune to work on management are reactive, not proactive retains the worst practices of its former owner, a big 4 bank

Viewing 1 - 3 of 142 Reviews

Glassdoor has 159 MLC Life Insurance reviews submitted anonymously by MLC Life Insurance employees. Read employee reviews and ratings on Glassdoor to decide if MLC Life Insurance is right for you.