Old Mutual Wealth Management Learnership 2026

Opportunity Overview

Old Mutual offers an INSETA-accredited wealth-management learnership at its Pinelands campus, developing youth for client-facing roles in long-term insurance and investments.

This learnership is based in Pinelands, Cape Town, Western Cape (Western Cape) and falls under the INSETA — Insurance, leading to a NQF Level 5 qualification. A monthly stipend is provided: R6 000 – R7 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
• Grade 12 with Mathematics (50%+)
• Strong interpersonal skills

Key Responsibilities

During this learnership you will:

• Studying long-term insurance products and FAIS regulation
• Supporting client needs analysis and financial education
• Capturing applications and maintaining client records
• Assisting with servicing and retention queries
• Building toward Regulatory Exam (RE5) readiness

Stipend & Benefits

Successful candidates receive a monthly stipend of R6 000 – R7 000 / month for the duration of the programme, on-the-job mentorship, and a nationally recognised NQF Level 5 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: 23 October 2026. Late applications are not considered.

• Apply online: Visit www.oldmutual.co.za/careers/, search for "Wealth Management Learnership 2026", and complete the online application form.

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. Old Mutual is an equal-opportunity employer; preference may be given to candidates from designated groups in line with the Employment Equity Act.