Most graduates start of working in either the client service department (the call center), the life
department (retirement savings department) or the unit trust department.
The work being done in these three departments is very mundane, although it is quite challenging since
the workload can be quite intense and you are competing against several other graduates trying to
move to somewhere more exciting in the company. You will probably learn more by working at a different
company. Allan Gray would like to convince you that you learning a lot by staying with them, but
the truth is you will only be learning to capture the data of some other product. You will be a glorified
administrator with some fancy title, but you will still be doing administration work.
Allan Gray is a terrific company to work for IF you join as part of the institutional side of the business
or the investment team or something in the legal/risk/compliance or accounting or IT side of the business.
But joining client service or unit trust or life department will mean that you will work very hard and
learn limited skills that can be used outside of the administration side (glorified data capturing)
of the retail investment industry (which is really a boring industry for someone with ambition).
Do not make the mistake of thinking that by working in these three departments you will be able to
move into the investment team. Ananlysts for the investment team gets recruited from outside of the
company and it is very very competitive to get into the investment team.
Some positives are that the company treats its customers with respect and integrity. The perks are
that you are working in the V&A Waterfront and you will get free lunch.
To some up, it is a great company to work for dependent on which department you will be working in.