If you’re a South African youth looking to enter the financial sector but don’t have any work experience, the Old Mutual Insure Learnership 2025 could be the opportunity that changes your life. This program is specifically designed for matriculants who want to kickstart their careers and gain a recognized qualification within 12 months.
What is the Old Mutual Insure Learnership?
The Old Mutual Insure Learnership, also known as the Amathuba Learnership, is a 12-month program that provides unemployed youth with hands-on experience in the financial services industry. Participants will graduate with a Wealth Management NQF Level 4 qualification, which is recognized by the Financial Sector Conduct Authority (FSCA).
This isn’t just a classroom-based course. You’ll get real work experience, engage with various departments, and work alongside seasoned professionals in South Africa’s leading insurance and finance group.
Benefits of Joining the Learnership
Here’s why this program stands out:
Earn While You Learn: Get a monthly stipend during the 12-month program
Get Certified: Receive an accredited NQF Level 4 qualification
Career Exposure: Explore roles like underwriting, insurance brokerage, and financial advising
Mentorship: You’ll be assigned a buddy to help you settle in
CSI Involvement: Participate in Corporate Social Investment projects
Workplace + Classroom Training: A balanced learning journey
Whether your passion is sales, finance, or client service, this program will help you gain the skills to thrive.
Who Can Apply for the 2025 Old Mutual Learnership?
To qualify for this opportunity, you must meet the following criteria:
Qualification Criteria:
Must be a South African citizen aged 18–28
Currently unemployed and not studying full-time
Must not have completed a previous Wealth Management NQF4 Learnership
Must have passed Grade 12 or NQF Level 4 equivalent
Achieved:
English: 50% or higher
Second official language: 50% or higher
Maths / Maths Literacy: 50% or higher
Application Process (For Reference)
Note: Applications for the 2025 intake closed on 30 March 2025. You can still prepare for the next cycle using the process below. Visit the Old Mutual official website for the latest updates.
To apply, candidates were required to submit a detailed CV that includes:
Personal details: age, gender, ethnicity, residential address
Matric results and subjects
Disability status (if applicable)
Any completed or incomplete qualifications
After the CV screening, shortlisted applicants proceeded through:
Online assessments
Video interviews for successful assessments
Final interview with Old Mutual managers
Offer letters issued by end-April 2025
For any queries: amathubalearnership@oldmutual.com
What Happens After the Learnership?
Once you successfully complete the program, you’ll walk away with:
A nationally recognized certificate
Real work experience in one of the largest insurers in Africa
Enhanced chances of full-time employment in the financial sector
FAQs About the Old Mutual Learnership
Q: Is the learnership paid?
Yes. All learners receive a monthly stipend during the 12-month program.
Q: Can I apply without Matric?
No. You must have completed Grade 12 or an NQF Level 4 equivalent.
Q: Can I apply again if I was rejected previously?
Yes, but only if you haven’t already participated in a Wealth Management NQF4 Learnership.
Q: Will I get a job after completing the learnership?
There is no job guarantee, but many graduates are considered for permanent roles at Old Mutual.
Closing Thoughts
The Old Mutual Insure Learnership 2025 is more than just training — it’s an open door to a professional future in the finance industry. Although applications for this year are now closed, it’s never too early to start preparing for the next intake.
