Old Mutual is inviting applications from suitably qualified young South Africans for the Amathuba Learnership Programme 2026. The learnership provides an opportunity for unemployed young people to obtain a recognised Wealth Management NQF Level 4 qualification while gaining practical workplace experience in the financial services industry.
The programme is designed for ambitious young people who are interested in developing a career in wealth management, insurance, financial services and related areas. Successful learners will receive a combination of classroom-based learning and workplace exposure over a period of 12 months.
Position Details
- Position: Amathuba Learnership Programme 2026
- Duration: 12 months
- Stipend: Not specified in the vacancy
- Location: Pinelands and Johannesburg, South Africa
- Closing Date: 6 September 2026 at 23:59
The Amathuba Learnership Programme is offered on a full-time basis, with opportunities based in Pinelands and Johannesburg.
Amathuba Learnership Programme 2026
The Amathuba Learnership provides learners with the opportunity to complete a Wealth Management NQF Level 4 qualification while gaining valuable on-the-job experience.
The qualification is accredited and recognised by the Financial Services Provider (FSP) environment. Completing the programme can help learners build a foundation for further career development within the financial services sector.
Potential career paths associated with the qualification and experience include areas such as underwriting, financial investment advising and insurance brokerage.
The programme combines formal learning with practical workplace experience, allowing learners to develop knowledge and skills that can be applied in a professional environment.
What the Learnership Offers
Successful candidates will participate in a structured 12-month programme consisting of both workplace and classroom-based learning.
Mentorship and Guidance
Each learner will be allocated a mentor who will provide guidance and support throughout the programme. The mentorship component is intended to assist learners in adapting to the workplace, developing professional skills and progressing successfully through the learnership.
Workplace and Classroom Experience
Learners will receive exposure to both classroom learning and practical workplace activities. The programme runs for 12 months and provides an opportunity to gain experience in a professional financial services environment.
Logbook Requirements
Learners will be required to maintain and complete a logbook during the learnership. The logbook forms part of the workplace learning experience and records activities and practical exposure gained during the programme.
Financial Services Exposure
The programme provides exposure to various financial products, relevant legislation and business ethics. This can help learners develop a better understanding of how the financial services industry operates and the standards expected from professionals working in the sector.
Corporate Social Investment Projects
Learners will also have opportunities to participate in Corporate Social Investment (CSI) projects. Such activities can provide additional exposure to community-focused initiatives and professional working environments.
Who Can Apply?
The Amathuba Learnership Programme has specific eligibility requirements. Applicants should carefully check all requirements before submitting an application.
Applicants must meet the following criteria:
- Must be a South African citizen.
- Must be between 18 and 30 years old.
- Must currently be unemployed.
- Must not be studying towards another qualification at another educational institution.
- Must not previously have participated in a Wealth Management NQF Level 4 learnership programme.
- Must have passed Grade 12 or an equivalent NQF Level 4 qualification.
- Must have achieved at least 50% in English.
- Must have achieved at least 50% in an official second language.
- Must have achieved at least 50% in Pure Mathematics or Mathematical Literacy.
- Must be available to start the learnership on 1 October 2026.
Meeting the minimum requirements does not necessarily guarantee selection. Applicants may need to successfully complete the various stages of the recruitment and selection process.
Matric Requirements
Applicants should pay particular attention to the required Grade 12 results.
The minimum required marks include:
English: 50% or higher
Official second language: 50% or higher
Pure Mathematics: 50% or higher
OR
Mathematical Literacy: 50% or higher
Applicants should ensure that the results submitted with the application clearly demonstrate that the required subjects and minimum marks have been achieved.
Skills and Competencies
The programme is suited to candidates who are interested in developing professional skills and building a career in financial services.
The listed skills include:
- Action planning
- Client management
- Computer literacy
- Database administration
- Desktop publishing
- Executing plans
- Management reporting
- Network administration
- Numerical aptitude
- Office systems
- Oral communication
- Policies and procedures
- Report review
- Resource scheduling
Applicants are also expected to demonstrate important workplace competencies.
These include:
- Ensures accountability
- Communicates effectively
- Customer focus
- Manages complexity
- Collaborates
- Plans and aligns
- Self-development
- Optimises work processes
- Organisational savvy
- Nimble learning
- Demonstrates self-awareness
- Drives results
These competencies reflect the type of professional behaviour expected from learners participating in the programme.
Application Process
Applicants should complete the online application accurately and truthfully.
Before starting the application, candidates should have the required documents available. These include:
- Curriculum Vitae (CV)
- One-page CV where applicable
- Certified Matric results
- Identity Document (ID)
Incomplete applications will not be considered, so applicants should check that all required information and documents have been provided before submitting the application.
Selection Process
The recruitment process includes several stages.
Shortlisted candidates will receive a link to complete psychometric assessments through Odyssey.
Candidates who successfully progress through the assessment stage may then be invited to complete a Wamly one-way video interview.
Candidates who progress further will be invited to a coffee chat or meet-and-greet with the relevant team or teams. This stage provides an opportunity for candidates to learn more about the programme, the role and the working environment.
Successful applicants are expected to receive learnership offers by the end of September 2026.
The learnership is scheduled to commence on 1 October 2026.
Preference and Employment Equity
Preference will be given to candidates from under-represented designated groups, including candidates with disabilities.
The appointment will be made from the designated group in accordance with the Employment Equity Plan of Old Mutual South Africa and the requirements of the relevant business unit.
Applicants who meet the minimum requirements are encouraged to submit complete applications before the closing date.
Important Application Information
Candidates should carefully review their applications before submitting them. Incorrect or incomplete information may affect consideration for the programme.
Applicants who have not received communication by 11 September 2026 should consider their application unsuccessful.
For queries relating specifically to the Amathuba Learnership Programme, applicants can contact the Amathuba Learnership team using the email address provided in the official vacancy advertisement.
Programme Start Date
The Amathuba Learnership Programme is scheduled to begin on: 1 October 2026
Applicants must therefore be available to participate in the programme from this date.
Closing Date
The closing date for applications is: 6 September 2026 at 23:59
Interested applicants should submit their applications before the deadline. Applications submitted after the closing date may not be considered.
How to Apply
Applications for the Amathuba Learnership Programme 2026 must be submitted online through the official Old Mutual careers platform.
Applicants should prepare their CV, certified Matric results and ID before starting the application. The application should be completed accurately and all required information should be provided.
The programme offers unemployed young South Africans an opportunity to obtain a Wealth Management NQF Level 4 qualification while gaining practical workplace experience. Candidates who meet the age, citizenship, employment, education and subject-mark requirements are encouraged to apply before the closing date.
Closing date: 6 September 2026 at 23:59
Learnership commencement: 1 October 2026
Only candidates who meet the specified requirements and successfully progress through the selection process will be considered for placement.