Old Mutual Amathuba Learnerships 2024 for bright and ambitious young South Africans

Job Summary

Old Mutual is recruiting unemployed youth with Grade 12 qualification to join the 2024 Amathuba Wealth Management Learnership Programme.

Closing date: 15 February. Learnership commences 1 March 2024.

Locations: Cape Town and Johannesburg

Careers at Old Mutual

At Old Mutual South Africa, we offer a wide range of financial services in South Africa, including investment, life assurance, risk products, loans and asset management.

Enabling our people to be their exceptional best is at the core of what we do. We are shaped by our values and anchored by our purpose to enable positive futures. We will provide you with a holistic experience to realise and unleash your potential.

We have fantastic job opportunities for talented people waiting to realise their full potential.

Learnership Description

We are looking for bright and ambitious young Learners to join our Amathuba Learnership programme. The programme offers learners, the chance to complete the Wealth Management NQF Level 4 qualification and gain on the job working experience.

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The Wealth Management NQF Level 4 qualification is accredited and FSP recognised. Being a part of our Learnerships opens you up to career paths such as Underwriting, financial investment advisors, insurance brokerage etc.

  • Learners will be allocated a mentor to provide guidance to ensure they succeed in their role.
  • Learners will be exposed to a 12-month workplace and classroom experience.
  • Learners will be required to complete a logbook for the duration of the learnership.
  • Learners will receive exposure to various financial products, legislation and business ethics.
  • Learners will be involved in incredible Corporate Social Investment (CSI) projects.


  • South African citizen aged between 18-28
  • Currently unemployed and not studying towards another qualification at another educational institution.
  • Have not been on a wealth management NQF4 learnership programme before

  • Passed grade 12 or NQF level 4 equivalent.
  • Obtained the following marks: English (50% or over), an Official second language (50% or over) and Pure maths (50% or over) or Maths literacy (50% or over)
  • Able to join the Amathuba Learnership programme on the 01 March 2024.
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Education and Skills

  • Skills: Communication, Mathematics, Wealth Management
  • Education: Matriculation Certificate (Matric)


  • Collaboration
  • Execution
  • Analytical Thinking
  • Adaptability
  • Effective communication
  • Innovation
  • Customer First

Participate in allocated tasks specific to typical roles in the IT project environment. Business Analysis linked activities would include collaborating in, but not be limited to: Requirements Gathering, Documentation, Analysis and Functional Testing.

Programming activities would include, but not be limited to: Requirements Analysis, Coding, Documentation and Unit Testing.

General Project Delivery Activities will include Financial Monitoring, Tracking, Reporting and Timekeeping.

Develop the above Skills to a level of Assessed Competency to be considered for placement into an elected role/path (through the vacancy management process). This is ideally achieved within an agreed timeframe.

How to Apply

Please submit a CV with the following: ethnicity, gender, nationality, age, matric subjects and results, residential address, disability status (yes or no), list any complete or uncompleted qualifications.

If you are shortlisted, you will then be invited to do to online assessments. Based on the assessment results a further shortlist of applicants will be invited to attend an interview

A final shortlist of applicants will be invited to a final interview with line managers. Offers will be extended to successful applicants by end-February and the Learnership commences 1 March 2024.

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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  • Itumeleng Tladi

    Itumeleng teaches high school Mathematics in Groote Schuur. In addition to curating career opportunities on, Itumeleng mentors a community group of youth in STEAM. At chess, he's Western Cape's best.

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