Monthly stipend
R5 500 – R6 000 / month
Closing date
08 Nov 2026
- Opportunity
- Learnership
- Minimum education
- Grade 12 / Matric
- Location
- Durban Central, KwaZulu-Natal
- NQF level
- NQF 4
- SETA
- INSETA
- Posted
- 23 Jun 2026
The apply link goes directly to jobs.nedbank.co.za — applications never pass through SetaJobs.
We rewrite adverts for readability; the closing date, requirements and application method come from the source advert — confirm them there before you apply. How we source listings →
How this stipend compares
At R5 750 a month, this listing sits in the 55th percentile — it pays more than 55% of the 28 comparable listings for learnerships nationally that are open right now.
- 25th percentile
- R4 875
- Median
- R5 500
- 75th percentile
- R6 063
Calculated by SetaJobs from 28 live learnerships nationally that publish a stipend. Amounts quoted per week or per year are converted to a monthly equivalent. See the full stipend benchmarks for how pay varies by sector and province.
Opportunity Overview
Nedbank, in partnership with INSETA, offers a learnership for KwaZulu-Natal youth interested in short-term and life insurance, leading to an FSCA-recognised NQF 4 qualification.
This learnership is based in Durban Central, KwaZulu-Natal (KwaZulu-Natal) and falls under the INSETA — Insurance, leading to a NQF Level 4 qualification. A monthly stipend is provided: R5 500 – R6 000 / month.
Minimum Requirements
- Minimum qualification: Grade 12 / Matric
- South African citizen with a valid ID
- Aged 18–35 (youth programme)
- Currently unemployed and not on another funded programme
- Clear criminal record
Key Responsibilities
During this learnership you will:
- Studying insurance products, regulation (FAIS) and ethical selling
- Supporting client needs analysis and quotation processes
- Capturing policy applications and supporting documents
- Assisting with claims intake and client communication
- Building toward Regulatory Exam (RE5) readiness
Stipend & Benefits
Successful candidates receive a monthly stipend of R5 500 – R6 000 / month for the duration of the programme, on-the-job mentorship, and a nationally recognised NQF Level 4 qualification on successful completion.
How to Apply — Step by Step
- Check that you qualify against the minimum requirements above before applying.
- Prepare and certify your documents (not older than 3 months):
- Certified copy of your South African ID
- Certified copy of your highest qualification / latest results
- Updated CV (maximum 2 pages)
- A short motivational letter
- Submit your application using one of the methods below.
- Apply before the closing date: 8 November 2026. Late applications are not considered.
- Apply online: Visit jobs.nedbank.co.za, search for "Insurance Sales Learnership 2026", and complete the online application form.
- Apply by email: Send your CV and certified documents to learning@nedbank.co.za with the subject line "Insurance Sales Learnership 2026 – [Your Name]".
Beware of scams: A legitimate learnership will never ask you to pay a fee to apply or to "secure your place". If you are asked for money, it is a scam.
Only shortlisted candidates will be contacted. If you have not heard back within four weeks of the closing date, please consider your application unsuccessful for this round. Nedbank is an equal-opportunity employer; preference may be given to candidates from designated groups in line with the Employment Equity Act.
This listing in context
What the 303 opportunities we currently hold say about this one.
- Live learnerships
- 46
- In KwaZulu-Natal
- 3
- Closing within 7 days
- 0
74% of the 46 live learnerships we hold ask for Grade 12 / Matric, so this listing asks for what most of them ask for.
Live learnerships stay open for a median of 134 days between posting and closing date.
Calculated by SetaJobs from the 303 listings open on this site right now, and updated as they change. Browse all 17 opportunities in KwaZulu-Natal.
What you'll need to apply
Most learnerships want certified copies with the application itself — check the advert, because sending none can be as fatal as sending the wrong ones.
- Your CV
- Certified copy of your ID
- Certified copy of your matric certificate
- A short motivation letter
What a learnership actually is
A learnership is a structured programme registered with a SETA under the Skills Development Act 97 of 1998. It is not a job with training attached — it is a qualification you earn by doing the work. You sign a three-party agreement between yourself, the employer and the accredited training provider, alongside a fixed-term employment contract that lasts as long as the programme does.
How learnerships work: the week, the qualification and where it leads →Watch out for this
A legitimate learnership never charges you. If anyone asks for a registration, placement or administration fee, it is not a learnership — report it. You can confirm that a programme is registered by contacting the relevant SETA directly.
About INSETA & this sector
INSETA develops skills for the insurance sector, with learnerships that lead to FAIS-recognised qualifications and long-term careers.
Helpful guides before you apply
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