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~

Hey, anyone working in public mutual before?How is the starting salary for a

fresh grad (not sales position), bonus, benefits and working environment?

Anyone work as public mutual unit trust agent? Wanted to know if it worth a shot to try? since i am not good in socialising.

Huh? Public Mutual also can pay $2800 for fresh graduate?

Malaysians are not good in comprehension i think, else the impression of Public Mutual = Unit Trust is deeply sticked in people's mind.

how work at public mutual as a executive?
thr is mant ot jobs?
anyone of you koe it?

---

Added on August 15, 2011, 12:05 pmhow work at public mutual?
is thr many ot job?
how working environment thr...?
can anyone share this?
thanks

This post has been edited by qifang: Aug 15 2011, 12:05 PM

Public Mutual HQ is in Bdr Sri Dsara ...
I got an interview there (investment) ... I'm also wondering how's the work environment there ..

Last week .. just finished the interview this week. Dont know pass or not yet.

I like the environment though ...

Thanks, I just got the job offer from them ... Sr Exec, Equity Research ..

Anyone here already working there ?

Thanks

Congratz! Mind to share how much experience you have? and the salary range?

I think its more appropriate to respond via PM ...

I just finished the medical examination and collected the letter ..

This post has been edited by luqmanz: Nov 10 2011, 04:14 PM

They called me for interview also, may I know what they test during the interview? taught or not?

u seems like so familiar in the research field, r u working in research as well?

hi, im going for an interview for research analyst soon in public mutual, any tips or sharing for interview? thanks...

I went for an interview with public mutual recently, for analyst position. What I can say is that the company condition is
not very good, dark and old (just like small sdn bhd companies but public mutual is so big in Malaysia). The desks look like old furniture that are thrown out by public bank and they just move them to public mutual to save money.

They had 2 people to interview me separately, but they ask the same questions, so I have to repeat what I said (after a 2 hour test!!). Some of the things that make me feel extremely uncomfortable with the company:

1. Unwilling to introduce themselves with their position in the company even though I asked.
What is there to hide? That’s when I started feeling something is not right with the company culture – lack of respect for candidates / employees.

2. Then, one of the interviewers look impressed by my uni results, but when he ask me about some stock market views, it is very obvious that he started to look down on me. I don’t know why, maybe because my views are different from his views. For example, he seemed surprised that my views are contradicting with his views about a company in the stock market. To me, differing opinions are normal but it seems that he is unable to accept that, and he was not ready for open discussion with me.

I have a feeling that if i join this company, i will not be able to voice out my own opinion on my work, and they will give me “the look” again and will not approve on my recommendations or stocks. The way they treat their candidates also tell me that they will treat their staff the same way! No respect for employees, bad culture! I will decline any job offered by public mutual.

1

This post has been edited by RedJacket: Jul 14 2014, 08:53 PM

may i noe why u quit cf? from which ib?
cf better than research wat?

sorry to hear bout the troubles. some tips in interview:

1- keep the ball on your turf, not theirs-
keep the conversation within the topic you know better than the interviewer, which is your own experience. this way, theres very little room for interviewer to tembak u. tell them your experience.

2- when answering a question that doesnt really have a right answer, just pick the answer that you think is the most important and elaborate it using your experience. when the interviewer start saying out his version of answer, just agree and support him. look for common ground, not the difference.

3- show that you are interested and know about what kind of investment the company is involved in but never try to speculate or show u have superb knowledge cuz theres little chance you will know about that portfolio better than them.

4- when asking question to interviewer, ask a question that allow them to show you how great theirr job/achievement is. when they are done, says "interesting". "great".

5- when u give wrong answer or dunno the answer, apologize and ask the interviewer to share with u the answer.

good luck.

This post has been edited by luqmanz: Feb 16 2012, 01:46 PM

1

This post has been edited by RedJacket: Jul 14 2014, 08:52 PM

Same here, I went to the interview at Public Mutual HQ (Sri Damansara)
The position they offered me was Customer Administration & Service.

The lady who interviewed me was looking down me as well.
Kept insulting me and there's no right answer indeed whatever I answered.

Kept asking bout myself like looking something to shoot me all the way long.
I kept my breath and keep smiling at her instead of punching on her LC face that time.

There's no any respect for us (me & my friend who went to the interview) at all !

Can anyone share the interview experience for statistics executive? I was informed to bring the financial calculator, I wonder what they gonna test :S

---

Added on September 23, 2012, 2:14 amSo pressure..don't know what they gonna test me for the assessment!

This post has been edited by shimy: Sep 23 2012, 02:14 AM

basic calculation such as interest rate compounding and the concept of present value and future value..

Thanks for the tips.
U went for their interview before?
Is the assessment hard? Enough time to do?
Mind to share more about it?
I'm really nervous

have not went for interview but got similar experience with other asset management companies. Basically the role is to analyse and interpret financial data. Hence you need to know how basic investment stuff such as Price Earnings ratio, dividend yield, earnings per share growth and macro indicators such as GDP etc. Also maybe test on question such as if you have 50k, how long will it take to grow to 200k if the rate of return is 3% p.a. You have ample time because it is either you know or don't know the questions.

AH..im crazy nervous for this test cuz im not too good in financial maths.
plus i hope they wont ask me much abt shares or unit trusts

do some homework then, you can google the investment terms. Least of all, you must find out what is shares or unit trust as this what the department does.

Is public mutual a good place to work? Anyone mind sharing the working experience there?

---

Added on October 11, 2012, 12:50 amNobody here works at public mutual?

---

Added on October 11, 2012, 5:32 amThis thread is so dead

This post has been edited by shimy: Oct 11 2012, 05:32 AM

i have different exp from assest company interview...

from what i been through, study past few months industry report and that specific stock recommendation is not sufficient... make sure u know your industry well as well as the stock you going to pitch , like from A - Z before go for interview...

the interview has changed from interviewing candidates to giving advice/counselling to the candidates.... but it was good take away....

Pubic Mutual is coming over to my uni tomorrow as part of of our uni career fair. Gonna try my luck there as I am seeking internship for the next semester.

This post has been edited by Omega Z: Jul 3 2013, 03:33 AM

[quote=818,Jul 23 2012, 04:19 PM]Same here, I went to the interview at Public Mutual HQ (Sri Damansara)
The position they offered me was Customer Administration & Service.

The lady who interviewed me was looking down me as well.
Kept insulting me and there's no right answer indeed whatever I answered.

Kept asking bout myself like looking something to shoot me all the way long.
I kept my breath and keep smiling at her instead of punching on her LC face that time.


--> did you got the job??

This post has been edited by xue91: Jul 19 2013, 05:57 PM

If any Public Mutual employer still read this...
Can anyone explain a bit about PM on
- benefits
- work & social culture
- career development

I'm specifically interested in Sri Damansara(IT department) office as I've been invited for interview session. Also, does IT entitled to similar benefit(above average salary & bonus et cetera) as other department?

are welcomed

what is the job scope for the research analyst that worked with bank?

ahhh....anyone mind to share the current working environment??

Hi all, I'm currently in Public Mutual Customer Service Department.

I am a fresh grad and this is my first job.

The salary and benefit are as below:-


Salary is RM2800 if you are a degree holder, otherwise if you are a diploma holder, or master degree holder I am not so sure about the salary.

Annual leave- 21 days for executive, as your grade/ranking goes higher the leave will increase.

Dental- RM300 per year

Optical- No more optical starting from year 2014

Medical- If you visit any of the panel it will be free of charge, hospital plan is rm150 (per night for a room).

Medical leave- up to 14 days for entry level :1 to 2 years serving in the company (as your years or serving increase, medical leave entitlement will also increase same with annual leave)

Family medical expenses- RM800 per year (Spouse/Parents/Children)

Maternity leave- 90 days
Marriage leave- 10 days
Compassionate leave- 2 to 3 days
Examination leave- 7 days

No service charge if you invest in Public Mutual Fund.

Car/housing loan- You get lower rate than outside (subject to approval)

Working hours- 8:30-5:30 If you need to work OT, the pay are as below:-

0-2 hours RM0
2-3 hours-RM35
3-4 hours-RM50
4 hours and above-RM65

Public bank staff visa card and master card- credit limit RM6000

Still got much much more benefit the list is too long and I'm lazy to type it all out, if you have anything in particular that you would like to ask can kindly pm me =)

Working environment and culture I would preferably tell you in pm, so again feel free to pm me if you have any other enquiries.

For me the interview process was sweet and smooth, no harsh question, no difficult question, the whole conversation is more like chit-chatting, easy-going or maybe I am just lucky.

So far I'm okay with my job scope and environment, of course I have much more to share so feel free to pm me.

.

This post has been edited by cristiano7mu: Nov 25 2014, 04:24 PM

.

This post has been edited by cristiano7mu: Nov 25 2014, 04:23 PM

Hi, mind to share about job scope and working environment with me pls?

Can anyone tell me whether the public mutual consultant license will act as a additional bonus to my career path? --- As told by one of the agent.

Quite interested to join with the thought of it will be a career bonus to me as a soon to be finance graduate but i do not have the intention to sell the product, just wanna hold it.

Please help to solve the problem of this miserable graduate. thank you

Yeah, had a similar impression of Public Mutual's work environment. Just need to show that you can take the bs with a smile i guess. Lots of fund managers at investment houses here have a similar kind of attitude.

Bump. im having an interview with PBM, early Jan for tech risk management....any1 have any insight on the role there ?

Time to resurrect this post!!

Asking for a friend who is interested in back office role (i think was compliance or legal), what's the culture like, do share?