Old Mutual offers several learnership programmes designed for unemployed South African youth with a Matric certificate. The most prominent is the Amathuba Learnership, which provides a 12-month entry point into the financial services sector.
Available Learnership Programmes
- Amathuba Learnership Programme: This 12-month programme focuses on providing learners with a Wealth Management NQF Level 4 qualification. It combines classroom learning with on-the-job experience in areas like underwriting, financial advice, and insurance brokerage.
- Old Mutual Insure Learnership: Targeted specifically at the short-term insurance sector, offering an FETC in Short-Term Insurance (NQF Level 4).
- Old Mutual Insure – CGIC Learnership: Provides exposure to commercial general insurance and leads to an NQF Level 5 qualification.
- Human Capital Learnership: Focuses on HR operations, including recruitment, skills development, and general administration.
Core Requirements
To qualify for most Old Mutual learnerships, you must typically meet these criteria:
- Citizenship: Must be a South African citizen.
- Age: Generally between 18 and 35 years old (some programmes specify 18–30).
- Education: A valid Grade 12 (Matric) certificate is mandatory.
- Subject Marks: At least 50% in English and 50% in Mathematics or Mathematical Literacy.
- Status: Must be currently unemployed and not registered for other full-time studies.
- Background: Must have a clear criminal and credit record.
Benefits & Compensation
- Monthly Stipend: Learners receive a monthly allowance to cover basic living expenses, reportedly around R5,000 per month for certain intakes.
- Qualifications: Successful completion yields a nationally recognised NQF qualification.
- Mentorship: Access to seasoned professionals and structured guidance throughout the programme.
How to Apply
Applications are typically handled through the Old Mutual Careers Portal. [15]
- Register a Profile: Create an account on the Old Mutual Workday portal.
- Submit Documentation: You will need certified copies of your ID, Matric certificate, and a comprehensive CV.
- Assessment: Shortlisted candidates often undergo online psychometric or competency assessments followed by video and final interviews. [4, 5, 7, 11, 16, 17]
Note on Deadlines: Application windows vary. While some 2025/2026 intakes closed early in the year, others for specific business units (like the CGIC programme) have historically closed in November. Always check the official Old Mutual Careers page for the most current vacancies. [8, 9]
Would you like to know more about the specific documents required for the application or details on the online assessment process?
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