Are you a young South African looking for an opportunity to enter the financial services industry? Old Mutual is inviting unemployed young people to apply for the Amathuba Learnership Programme 2026.
The programme offers successful candidates the opportunity to gain practical workplace experience while working towards a recognised Wealth Management NQF Level 4 qualification.
The 12-month programme combines workplace and classroom learning and is suitable for young people interested in careers in wealth management, insurance, underwriting, financial advice, insurance brokerage and other financial services areas.
Applications close on 6 September 2026 at 23:59, with successful learners expected to start on 1 October 2026.
Old Mutual Amathuba Learnership Programme 2026 – Quick Overview
| Details | Information |
|---|---|
| Company | Old Mutual South Africa |
| Programme | Amathuba Learnership Programme 2026 |
| Reference Number | JR-83445 |
| Programme Type | Learnership |
| Duration | 12 months |
| Qualification | Wealth Management NQF Level 4 |
| Locations | Pinelands, Western Cape & Johannesburg, Gauteng |
| Start Date | 1 October 2026 |
| Closing Date | 6 September 2026 at 23:59 |
| Stipend | Not specified in the vacancy |
What Is the Old Mutual Amathuba Learnership?
The Old Mutual Amathuba Learnership Programme is designed to help young South Africans gain an entry point into the financial services industry.
Learners will combine classroom-based education with practical workplace experience over a 12-month period.
As part of the programme, successful candidates will work towards a Wealth Management NQF Level 4 qualification while developing practical skills in a professional financial services environment.
The experience can help prepare learners for future opportunities in areas such as:
- Wealth management
- Insurance
- Underwriting
- Financial advice
- Insurance brokerage
- Financial services administration
- Client services
It is important to note that completion of the learnership does not guarantee permanent employment with Old Mutual.
What Will Learners Do During the Programme?
Successful candidates will receive structured learning and workplace exposure.
The programme may include:
- Classroom and workplace learning.
- Mentorship from an allocated mentor.
- Maintaining a learnership logbook.
- Exposure to different financial products.
- Learning about financial services legislation.
- Developing knowledge of professional and business ethics.
- Gaining practical workplace experience.
- Participating in Corporate Social Investment initiatives.
- Developing professional and workplace skills.
This combination of theoretical and practical learning can give participants valuable experience when applying for future jobs.
Old Mutual Amathuba Learnership Requirements
To apply, candidates must meet the minimum requirements set by Old Mutual.
Applicants must:
- Be a South African citizen.
- Be between 18 and 30 years old.
- Be currently unemployed.
- Have Grade 12 or an equivalent NQF Level 4 qualification.
- Not currently be studying towards another qualification at another educational institution.
- Not have previously participated in a Wealth Management NQF Level 4 learnership.
- Be available to start on 1 October 2026.
Applicants should carefully check all requirements before submitting their applications.
Matric Subject Requirements
In addition to having Grade 12, applicants must meet the required marks for their school subjects.
The requirements include:
- English – 50% or higher
- Official second language – 50% or higher
- Pure Mathematics – 50% or higher
OR
- Mathematical Literacy – 50% or higher
Applicants should check their official Matric results to ensure they meet the required subject marks.
Documents Required
Applicants should prepare their supporting documents before starting the online application.
Fresh listings:
The required documents include:
- Updated CV
- One-page CV
- Certified Matric results
- South African ID
Make sure that all information supplied during the application is correct and complete.
Incomplete applications will not be considered.
Old Mutual Amathuba Learnership Selection Process
Applying for the programme does not mean that an applicant has automatically been selected.
Shortlisted candidates may go through several stages of the recruitment process.
1. Online Application
Candidates must complete the online application and provide the requested information and supporting documents.
2. Psychometric Assessment
Shortlisted applicants may receive an invitation to complete an Odyssey psychometric assessment.
3. One-Way Video Interview
Candidates who progress further may be invited to complete a Wamly one-way video interview.
4. Meet-and-Greet
Applicants who reach the next stage may be invited to a coffee chat or meet-and-greet with the relevant Old Mutual team.
This can provide an opportunity to learn more about the team, working environment and organisational culture.
5. Learnership Offer
Successful candidates are expected to receive offers by the end of September, with the learnership scheduled to begin on 1 October 2026.
Skills and Competencies
Old Mutual is looking for candidates who can demonstrate strong potential for the workplace.
Useful competencies include:
- Effective communication
- Customer focus
- Accountability
- Collaboration
- Planning and alignment
- Self-development
- Continuous learning
- Managing complexity
- Organisational awareness
- Improving work processes
Additional useful skills may include:
- Computer literacy
- Numerical ability
- Client service
- Administration
- Oral communication
- Reporting
- Using office systems
Employment Equity
Old Mutual follows its Employment Equity Plan when making recruitment decisions.
Preference may be given to candidates from under-represented designated groups, including persons with disabilities.
Applicants who meet the minimum requirements are encouraged to submit their applications.
How to Apply for the Old Mutual Amathuba Learnership Programme 2026
Applications must be submitted online through the official Old Mutual Careers portal.
Search for:
Amathuba Learnership Programme 2026
Reference Number: JR-83445
Application Steps
- Confirm that you meet the age and citizenship requirements.
- Check that you meet the Grade 12 subject requirements.
- Prepare your updated CV and one-page CV.
- Prepare your certified Matric results.
- Prepare your South African ID.
- Complete the online application form.
- Upload all required documents.
- Check that your information is accurate.
- Submit your application before the deadline.
Official Application Portal
Apply for the Old Mutual Amathuba Learnership Programme 2026
When applying, use reference number JR-83445 to locate the opportunity.
Old Mutual Amathuba Learnership Closing Date
The application closing date is:
6 September 2026 at 23:59
Since the deadline is today, applicants who meet the requirements should submit their applications as soon as possible.
Old Mutual also indicates that applicants who have not received feedback by 11 September 2026 should consider their applications unsuccessful.
Important Things to Remember
Before submitting your application, make sure that:
- You meet the 18–30 age requirement.
- You are unemployed.
- You are a South African citizen.
- You have Grade 12 or an equivalent NQF Level 4 qualification.
- You meet the required English, second-language and Mathematics/Mathematical Literacy marks.
- You have not previously completed a Wealth Management NQF Level 4 learnership.
- You are available from 1 October 2026.
- Your supporting documents are ready.
- Your application is complete.
Never pay anyone who promises to secure a learnership for you. Use the official Old Mutual recruitment platform when applying.
Frequently Asked Questions
Is the Old Mutual Amathuba Learnership open to unemployed youth?
Yes. The programme is aimed at unemployed South African youth aged 18 to 30 who meet the stated requirements.
What qualification will learners receive?
Successful learners will work towards a Wealth Management NQF Level 4 qualification.
How long is the Amathuba Learnership?
The programme runs for 12 months and combines classroom learning with workplace experience.
Where is the programme available?
The listed locations are Pinelands in the Western Cape and Johannesburg in Gauteng.
How much is the stipend?
The supplied vacancy information does not specify the stipend amount.
When does the programme start?
Successful candidates are expected to start on 1 October 2026.
What is the closing date?
Applications close on 6 September 2026 at 23:59.
Conclusion
The Old Mutual Amathuba Learnership Programme 2026 provides an opportunity for unemployed young South Africans to gain practical workplace experience while working towards a Wealth Management NQF Level 4 qualification.
The programme is particularly suitable for young people interested in financial services, insurance, wealth management, financial advice and client services.
If you meet the requirements, have your documents ready and have not previously completed a Wealth Management NQF Level 4 learnership, make sure you submit your application before 6 September 2026 at 23:59.
Apply through the official Old Mutual Careers portal and use reference number JR-83445.