Finance & Banking Learnership

Old Mutual Amathuba Learnership 2026

A 12-month workplace-and-classroom learnership for unemployed matriculants leading to an FSP-recognised Wealth Management NQF Level 4 qualification, opening pathways into underwriting.

By GoCareers Teamβ€’

Apply for the Old Mutual Amathuba Learnership

Provider: Old Mutual β€’ Cape Town & Johannesburg

Program Overview

Program Details

Provider:Old Mutual
Sector:Finance & Banking
Duration:12 months
Level:NQF Level 4
Stipend:Monthly stipend
Location:Cape Town & Johannesburg
Intake:Annual intake (typically closes ~end of March for a March start) - watch the official portal

Key Benefits

  • βœ“NQF Level 4 accredited qualification
  • βœ“Real workplace experience with a recognised employer
  • βœ“Stipend: Monthly stipend
  • βœ“Mentorship and structured on-the-job training
  • βœ“Strong pathway toward permanent employment

Entry Requirements

  • βœ“South African citizen, aged 18-28
  • βœ“Passed Grade 12 / Matric (or NQF Level 4 equivalent)
  • βœ“English >=50%, an official second language >=50%, and Pure Maths >=50% OR Maths Literacy >=50%
  • βœ“Currently unemployed and not studying toward another qualification elsewhere
  • βœ“Has not previously completed a Wealth Management NQF4 learnership

Career Opportunities

On successful completion, learners can pursue roles such as:

Bank Consultant
Client Service Officer
Credit Analyst
Insurance Advisor
Operations Administrator
Branch Team Leader

How to Apply

1

Check the requirements

Confirm you meet every entry requirement before you apply.

2

Prepare your documents

Certified ID, matric certificate / qualifications, CV and any supporting documents.

3

Apply online

Submit your application via the official Old Mutual careers portal.

4

Assessments & interview

Shortlisted candidates complete assessments and interviews.

5

Placement

Successful learners sign a learnership agreement and begin the programme.

⚠️ Good to Know

STATUS: Recurring annual learnership, currently BETWEEN intakes (no open application as of June 2026). The official Old Mutual page (oldmutual.co.za/careers/amathuba-learnership/) is live and currently states "Applications closed 30 March 2025" and "(Applications are now closed)". The most recent cycle started 1 March…

β€’ Only shortlisted candidates are typically contacted β€” check the official portal for the latest intake dates.

β€’ Learnerships are aimed at unemployed South African youth; preference is often given to candidates from designated groups.

β€’ Beware of scams β€” GoCareers never charges for applications, and neither do legitimate employers.

Ready to apply?

Head to the official Old Mutual careers portal to submit your application.

Apply for the Old Mutual Amathuba Learnership β†’

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