Anyone working there?

Saw their ad stating that <<Fresh Graduate will be paid a salary not less than RM2800 a month>>

Sounds interesting eventhough I'm no longer fresh..

Wish to know more about their offer, environment, and culture, pls share!

So you're attracted with the salary figure?

Partly yes, I'm getting more than that lah now. Just that now I'm quite interested in the Finance Indust.

You have anything would like to share?

if u're interest on the industry,just go ahead =)
u will happy with it

Nobody in LYN works in Public Mutual ar???

Of course yes, but i cant say i worked with them before, I has been with SBB Mutual and took the unit trust exam, now registered under Public Mutual, but never utilize my lisence to make money... but basically it is like this:

First i want to ask you, do you know anything about unit trust and unit trust company?

-> No (if yes skip this)

Unit trust is one of the investment tools, like stock market, just that it is more easier, cheaper to invest and manage - just buy and wait at as low as RM1000. And it will not fluctuate as fast as stock market. This is not some get-rich-quick scheme, when you but a unit trust fund, you put in money to a cache of fund, where the fund managers will monitor your funds and use them to invest in diversified portfolio... sort of like EPF. And your investment will multiply over a long term period, like 3 years.

Unit Trust company, like Public Mutual, sells and manage unit trusts. So as you can see, their main income came from selling unit trusts. Usually they will have their investment manager to manage a particular unit trust following certain rules. So the rest are the Unit Trust Consultants aka UTC.

-> Yes

Most likely you will be at the position as an Unit Trust Consultant, your job is educate people about unit trust and encourage people to buy your unit trust. Usually as an UTC, they do not have any basic salary, furthermore, they need to bear the cost to take the exam(very simple exam) and the registeration fee under Public Mutual. For Public Mutual, UTCs are their salesmen, of course the more the marrier, and they have a structure of rewarding your senior if bringing you into the business, sort of like a upline downline system.

As you can see, this job do not offer basic salary, what you get is what you worked out for, you have no income upper limit, but no lower limit too - consider not only the cost to take exam/register, but also the expenses to call up potential clients and transportation fees to meet them up.

Unit Trust business can be very rewarding if you do it the right way, similar to every kind of salesmen job, your income depends on your performance. You have all your freedom you want as you can be considered as self employed. You do not have retirement age, as long as you are productive, your company will want your to work till 110 years old.

In short, you tell your friend about unit trust investment, and help them make money while you earn your commission.

BTW, public mutual is the largest UT company in Malaysia.

- - - - - -

So, still feel like joining UTC? IMHO, it worth a try, you can even start it as part time. The least is you can at least learn about unit trust.

Hey All,
Thanks for the reply. I'm actually not referring to become a Consultant (sales). I'm seeking advice from their employees, working directly under Public Mutual, how's the benefits, environment, and feedback..

As i know, working inside Public Mutual for normal employee are seem like you are working for normal bank withdraw counter employee....if you wan to earn more money, the sales line is only high income in public mutual company.
correct me if i m wrong~

I went for PB interview at Menara PB today.

The scene was like audition for Malaysian Idol man..
All the candidates were sitting in a room waiting for thier turn...quite scary at first..
But then when interview that time,the interviewers were very friendly and they asked damn alot of questions.It was about 30 minute session.

Alot of candidates were present so had to wait 1 hour for the interview...

Hi Kevin,
What position did you apply for?

Wow....Public Mutual seems to be in need of people now...

IT line is in bangi ...gosh..

to join public mutual u need to start as UTC and there is no basic salary pay to you........

the income is base on how hard working u are n how many investor u can get....

if your are hardworking and good in doing sales u can be promote within 1year....

the hardest thing is u need to maintain the sales when u get promoted ....

if u gt a lot of dato o datin friend this field u good for u to gain easy money and fast money

This post has been edited by atak86: Jan 17 2009, 12:13 AM

This thread is for working in Public Mutual and not being a UTC agent

So TS question has not been answered after almost 2.5 years. Anyone out there is working in Public Mutual as a analyst/research executive? Come and share your experience.


PS: TS is not referring to Public Mutual consultant (sales).

This post has been edited by khai1213: May 26 2010, 11:05 PM

i guess everybody who work for public mutual is an agent.that's y nobody interested to reply to this TS

Oohh, guys can I ask something?

I'm finishing my A levels and before starting Uni I'd like some work experience. I'm going to study Actuarial Science.

I believe some exposure in insurance companies / financial institutions / banks / unit trust firms / fund management firms would be great.

I don't know too many firms hiring people without degree, and most post-A level/STPM jobs are for clerks and admin etc.

Hence I was thinking of working as an adminnistrative assistant in any such company, such as Public Mutual - since I saw their job ads.

Any advice on what I should do? Anything at all will be appreciated. TY

actually wat is the job responsibilities as analyst in public mutual?? calculate the ratio? simply or nid expert in calculation skill?

they just call me up for interview for the position of analyst / research executive....

simple.ology is my new idol. How did you manage to achieve such feat? I'm trying too. O master please share~