Old Mutual Amathuba Learnership Programme 2026

SAPlug1September 5, 2026

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Applications are now open for the Old Mutual Amathuba Learnership Programme 2026. Young South Africans can earn an accredited Wealth Management NQF Level 4 qualification while gaining valuable workplace experience in the financial services industry.

Old Mutual Amathuba Learnership Programme 2026 Opens Doors for Young South Africans

Old Mutual has once again opened applications for its highly sought-after Amathuba Learnership Programme, offering unemployed young South Africans an opportunity to gain a nationally recognised qualification while building practical experience within one of Africa’s leading financial services organisations.

The programme is designed to help young people bridge the gap between education and employment by combining structured classroom learning with real workplace exposure. For many school leavers and first-time job seekers, the Amathuba Learnership represents an important stepping stone into the financial services sector.

With placements available in Pinelands and Johannesburg, the programme aims to equip learners with industry-relevant skills, professional experience, and a solid foundation for long-term career growth.

A Pathway into the Financial Services Industry

Old Mutual’s Amathuba Learnership Programme is focused on helping young people develop the skills and knowledge required to succeed in the fast-growing financial services sector.

Successful learners will complete a Wealth Management NQF Level 4 qualification, an accredited and Financial Sector Conduct Authority (FSP) recognised qualification that is respected across the industry.

The programme not only provides academic learning but also exposes participants to practical workplace environments where they can apply their newly acquired knowledge in real business settings.

Through this integrated approach, learners gain valuable insights into how the financial sector operates while developing professional confidence and workplace readiness.

What Participants Can Expect

The 12-month learnership combines classroom-based training with practical workplace experience.

During the programme, learners will:

Complete an accredited Wealth Management NQF Level 4 qualification.
Gain hands-on workplace experience within Old Mutual.
Receive mentorship and guidance from experienced professionals.
Learn about financial products and services.
Develop knowledge of financial legislation and compliance requirements.
Gain exposure to business ethics and professional conduct.
Participate in Corporate Social Investment (CSI) initiatives.
Complete a workplace logbook throughout the programme.

The mentorship component is one of the programme’s most valuable features. Each learner is assigned a mentor who provides guidance, support and career advice throughout the duration of the learnership.

This support structure helps participants adapt to the professional environment and successfully complete both the academic and workplace components of the programme.

Career Opportunities After the Learnership

One of the major benefits of the Amathuba Learnership Programme is the range of potential career paths it can unlock.

The Wealth Management qualification can provide access to opportunities in:

Wealth management
Financial advisory services
Insurance brokerage
Underwriting
Financial planning
Investment advisory services
Client relationship management
Financial administration

The practical experience gained during the programme can significantly enhance a candidate’s employability and competitiveness in the job market.

Who Can Apply?

Old Mutual is seeking bright, ambitious and motivated young South Africans who are eager to build careers in financial services.

To qualify for the programme, applicants must:

Be South African citizens.
Be between 18 and 30 years old.
Be currently unemployed.
Not be studying towards another qualification.
Have never participated in a Wealth Management NQF Level 4 Learnership before.
Have completed Grade 12 or an equivalent NQF Level 4 qualification.
Be available to start the programme on 1 October 2026.

Applicants must also meet the minimum academic requirements:

English: 50% or higher.
Official second language: 50% or higher.
Pure Mathematics: 50% or higher, or
Mathematical Literacy: 50% or higher.

These requirements ensure that candidates possess the foundational communication and numerical skills needed to succeed in the financial services environment.

The Selection Process

Old Mutual follows a structured recruitment process designed to identify candidates with strong potential.

Applicants will need to submit:

An updated Curriculum Vitae (CV).
Certified Matric results.
Certified South African Identity Document.

Shortlisted candidates will then complete several assessment stages, including:

Psychometric Assessments

Selected applicants will receive an invitation to complete online Odyssey psychometric assessments. These assessments evaluate various competencies, abilities and workplace suitability factors.

One-Way Video Interview

Candidates who successfully pass the assessment stage will be invited to participate in a Wamly video interview. This allows applicants to showcase their communication skills, motivation and career aspirations.

Coffee Chat and Team Engagement

The final stage involves an informal meet-and-greet session with relevant teams. This gives candidates an opportunity to learn more about Old Mutual’s culture, work environment and expectations while allowing the organisation to assess overall fit.

Successful candidates can expect learnership offers by the end of September 2026.

Skills and Competencies Old Mutual Values

While academic qualifications are important, Old Mutual also seeks candidates who demonstrate strong personal and professional attributes.

Key competencies include:

Effective communication
Customer focus
Accountability
Team collaboration
Adaptability
Organisational awareness
Problem-solving abilities
Planning and organisation
Continuous learning mindset
Self-development

These qualities are essential for success in both the learnership programme and future careers within the financial services industry.

Commitment to Diversity and Inclusion

Old Mutual remains committed to promoting transformation and employment equity within its workforce.

Preference will be given to candidates from under-represented designated groups, including persons living with disabilities. This commitment reflects the organisation’s broader goal of creating inclusive opportunities that contribute to meaningful economic participation.

Why This Learnership Matters

Youth unemployment remains one of South Africa’s greatest challenges, and initiatives like the Amathuba Learnership Programme play a critical role in helping young people gain access to meaningful career opportunities.

Rather than simply providing theoretical education, the programme equips participants with practical workplace experience, professional networks and recognised qualifications that can significantly improve future employment prospects.

For many successful graduates, the learnership becomes the foundation upon which rewarding careers in financial services are built.

Application Deadline

Interested candidates should submit their applications before:

Closing Date: 07 September 2026 at 23:59

Applicants are encouraged to ensure that all required documents are uploaded and that application information is accurate and complete, as incomplete applications will not be considered.

Final Thoughts

The Old Mutual Amathuba Learnership Programme 2026 offers much more than a qualification. It provides young South Africans with a valuable opportunity to gain workplace experience, develop professional skills, receive mentorship and establish a strong foothold in the financial services industry.

For ambitious individuals seeking a structured pathway into wealth management, insurance, underwriting and financial advisory careers, this programme presents an excellent opportunity to begin building a successful future with one of Africa’s most respected financial institutions.

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