Old Mutual Amathuba Learnership Programme 2026: Applications Open for Young South Africans
Old Mutual is inviting unemployed young South Africans to apply for the Amathuba Learnership Programme 2026, an opportunity designed to help young people enter the financial services industry while gaining both a recognised qualification and practical workplace experience.
The programme is ideal for matriculants and young job seekers who are interested in building careers in areas such as wealth management, insurance, underwriting, financial advice and insurance brokerage.
Successful candidates will participate in a 12-month workplace and classroom learning programme while working towards an accredited and Financial Services Provider-recognised Wealth Management NQF Level 4 qualification.
Applications close on 6 September 2026 at 23:59, and successful learners must be available to start the programme on 1 October 2026.
Old Mutual Amathuba Learnership Programme 2026 Overview
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 and Johannesburg, Gauteng Start Date: 1 October 2026 Closing Date: 6 September 2026 at 23:59 Stipend: Not specified in the official vacancy
What Is the Old Mutual Amathuba Learnership?
The Amathuba Learnership gives young people the opportunity to combine formal learning with practical experience inside one of South Africa’s major financial services organisations.
Instead of completing only classroom-based training, learners will spend 12 months gaining exposure to a real working environment while completing the requirements of the Wealth Management NQF Level 4 qualification.
The qualification is accredited and recognised within the financial services environment.
Completing the programme can provide learners with valuable experience for future career opportunities in areas such as:
Wealth management
Underwriting
Financial advice
Insurance
Insurance brokerage
Financial services administration
Client services
Participation in the learnership does not guarantee permanent employment after completion, but the qualification and workplace experience can strengthen a learner’s future employment prospects.
Candidates selected for the programme will receive a combination of structured learning and practical workplace exposure.
Learners will:
Participate in a 12-month workplace and classroom learning programme.
Receive guidance from an allocated mentor.
Complete a learnership logbook throughout the programme.
Gain exposure to different financial products.
Learn about legislation affecting the financial services industry.
Develop an understanding of professional and business ethics.
Gain practical workplace experience.
Participate in Corporate Social Investment initiatives.
Build professional skills that can be used in future financial services careers.
Who Can Apply for the Old Mutual Learnership?
Applicants must meet Old Mutual’s minimum eligibility requirements before applying.
You should be:
A South African citizen.
Between 18 and 30 years old.
Currently unemployed.
Not studying towards another qualification at another educational institution.
In possession of Grade 12 or an equivalent NQF Level 4 qualification.
Someone who has not previously participated in a Wealth Management NQF Level 4 learnership.
Available to start the programme on 1 October 2026.
Matric Subject Requirements
Meeting the minimum Grade 12 requirement alone is not enough. Applicants are also required to have achieved at least:
English: 50% or higher
Official second language: 50% or higher
Pure Mathematics: 50% or higher
OR
Mathematical Literacy: 50% or higher
Applicants should carefully check their Matric results before submitting an application.
Documents You Should Prepare
Old Mutual advises applicants to have the relevant supporting documents ready when completing the online application.
These include:
An updated Curriculum Vitae (CV).
A one-page CV.
Certified Matric results.
South African Identity Document (ID).
Make sure all information submitted in your application is accurate and complete. Old Mutual states that incomplete applications will not be considered.
Old Mutual Amathuba Learnership Selection Process
Submitting an application is only the first stage of the recruitment process.
Shortlisted candidates may be required to complete several assessments before final selections are made.
Applicants must complete the application accurately and submit the required supporting documents.
2. Psychometric Assessment
Shortlisted candidates will receive a link to complete an Odyssey psychometric assessment.
3. One-Way Video Interview
Candidates who successfully progress may be invited to complete a Wamly one-way video interview.
4. Meet-and-Greet
Candidates who reach the next stage may be invited to a coffee chat or meet-and-greet with the relevant Old Mutual team.
This gives applicants an opportunity to learn more about the team, working environment and organisational culture.
5. Learnership Offers
Successful candidates are expected to receive offers by the end of September, with the programme scheduled to begin on 1 October 2026.
Skills and Competencies
Old Mutual is looking for learners who demonstrate strong personal and workplace potential.
Important competencies include:
Effective communication
Customer focus
Accountability
Collaboration
Planning and alignment
Self-development
Ability to manage complexity
Continuous learning
Organisational awareness
Ability to improve work processes
Other useful skills associated with the programme include computer literacy, numerical aptitude, client management, office systems, oral communication, reporting and administration.
Employment Equity
Old Mutual states that preference may be given to candidates from under-represented designated groups, including persons with disabilities, in accordance with the company’s Employment Equity Plan.
Applicants who meet the stated requirements are encouraged to apply.
How to Apply for the Old Mutual Amathuba Learnership Programme 2026
Do not wait until the final hours before applying, as technical problems or incomplete documentation could prevent you from completing your application on time.
Application Deadline
The closing date for the Old Mutual Amathuba Learnership Programme 2026 is 6 September 2026 at 23:59.
Late or incomplete applications may not be considered.
Old Mutual further advises that applicants who have not received feedback by 11 September 2026 should consider their applications unsuccessful.
Applicants should use the official Old Mutual recruitment platform when submitting their applications and should never pay anyone to secure a learnership opportunity.
Final Reminder
The Old Mutual Amathuba Learnership Programme 2026 is a strong opportunity for unemployed South Africans aged 18 to 30 who have completed Grade 12 and want to build practical experience within the financial services sector.
Successful learners will have the opportunity to complete a recognised Wealth Management NQF Level 4 qualification, receive workplace mentoring and spend 12 months gaining practical industry exposure.
If you meet all the requirements, prepare your documents and submit your application before 6 September 2026 at 23:59.
