The Old Mutual Amathuba Learnership Programme 2026 offered unemployed young South Africans an opportunity to gain workplace experience while working towards a Wealth Management NQF Level 4 qualification.
The 12-month programme combined classroom-based learning with practical workplace exposure in the financial services environment. Opportunities were listed for Pinelands and Johannesburg.
Important status: The supplied vacancy listed 6 September 2026 at 23:59 as the closing date and 1 October 2026 as the programme start date. Those dates have now passed. This article therefore serves as information about the 2026 programme rather than a current open application notice.
Old Mutual Amathuba Learnership 2026: Quick Summary
The Amathuba Learnership was aimed at young South Africans who wanted to develop experience in financial services, wealth management, insurance and related areas.
Successful learners were expected to complete a recognised Wealth Management NQF Level 4 qualification while gaining practical workplace experience over 12 months.
The vacancy also described mentorship, classroom learning, workplace exposure, logbook activities and exposure to financial products, legislation and business ethics.
Opportunity Details
| Detail | Information |
|---|---|
| Programme | Amathuba Learnership Programme 2026 |
| Organisation | Old Mutual |
| Duration | 12 months |
| Qualification | Wealth Management NQF Level 4 |
| Location | Pinelands and Johannesburg, South Africa |
| Work arrangement | Full-time |
| Stipend | Not specified in the supplied vacancy |
| Closing date | 6 September 2026 at 23:59 |
| Programme start date | 1 October 2026 |
| Target applicants | Unemployed young South Africans |
| Application method | Online |
What the Old Mutual Amathuba Learnership Offered
The programme was structured to give learners a combination of formal learning and practical workplace experience.
The main components included:
Wealth Management NQF Level 4 Qualification
Learners were given the opportunity to work towards a Wealth Management NQF Level 4 qualification while participating in the workplace programme.
The qualification and practical exposure were intended to provide a foundation for further development in the financial services sector.
The supplied vacancy associated the programme and qualification with potential career areas such as underwriting, financial investment advising and insurance brokerage. These should be viewed as possible career directions rather than guaranteed employment outcomes.
Classroom and Workplace Learning
The 12-month programme combined classroom-based learning with practical workplace activities.
This structure allowed learners to develop knowledge while gaining experience in a professional financial services environment.
Mentorship
Each learner was expected to receive mentorship and guidance during the programme.
The mentorship component was intended to help learners adapt to the workplace, develop professional skills and progress through the learnership.
Logbook Experience
Learners were required to maintain a logbook as part of the workplace learning component.
The logbook records activities and practical exposure gained during the programme.
Financial Services Exposure
The programme provided exposure to areas including financial products, relevant legislation and business ethics.
This type of workplace exposure can help learners understand how financial services organisations operate and the professional standards expected in the industry.
Corporate Social Investment
The programme also included opportunities to participate in Corporate Social Investment (CSI) projects.
Who Could Apply for the Amathuba Learnership?
According to the supplied vacancy information, applicants needed to meet several eligibility requirements.
Applicants were required to:
- Be a South African citizen.
- Be between 18 and 30 years old.
- Be unemployed.
- Not be studying towards another qualification at another educational institution.
- Not have previously participated in a Wealth Management NQF Level 4 learnership programme.
- Have passed Grade 12 or an equivalent NQF Level 4 qualification.
- Have achieved at least 50% in English.
- Have achieved at least 50% in an official second language.
- Have achieved at least 50% in Pure Mathematics or Mathematical Literacy.
- Be available to start the programme on 1 October 2026.
Meeting the minimum requirements did not guarantee selection. Candidates were still required to progress through the recruitment and selection process.
Old Mutual Amathuba Matric Requirements
The subject requirements were particularly important for applicants.
The supplied vacancy specified the following minimum marks:
| Subject | Minimum |
|---|---|
| English | 50% |
| Official second language | 50% |
| Pure Mathematics | 50% |
| OR Mathematical Literacy | 50% |
Applicants therefore needed to check their Grade 12 results carefully before applying.
The mathematics requirement allowed either Pure Mathematics or Mathematical Literacy, provided the applicant achieved at least 50%.
Skills and Competencies
The vacancy listed a range of skills associated with the programme.
These included:
- 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
The vacancy also listed workplace competencies such as accountability, communication, customer focus, collaboration, planning, self-development, organisational awareness, learning agility and delivering results.
These competencies indicate the type of professional behaviour expected from learners participating in the programme.
Documents Applicants Needed
The supplied application information stated that candidates should have the following documents available:
- Curriculum Vitae (CV)
- One-page CV where applicable
- Certified Matric results
- South African Identity Document (ID)
Applicants were advised to make sure their information was complete and accurate before submitting the application.
How the Selection Process Worked
The Amathuba recruitment process included several stages.
Shortlisted candidates were expected to receive a link for psychometric assessments through Odyssey.
Candidates who progressed could then be invited to complete a Wamly one-way video interview.
Further shortlisted candidates could be invited to a coffee chat or meet-and-greet with the relevant team or teams.
The selection stages meant that meeting the minimum eligibility requirements alone did not guarantee placement.
Preference and Employment Equity
The supplied vacancy stated that preference would be given to candidates from under-represented designated groups, including candidates with disabilities.
Appointments were to be made in accordance with Old Mutual South Africa’s Employment Equity Plan and the requirements of the relevant business unit.
Was a Stipend Specified?
The supplied vacancy did not specify a stipend amount.
Applicants should therefore not rely on third-party websites that publish an unverified monthly figure unless that amount can be confirmed directly from the official vacancy or Old Mutual.
Where Was the Amathuba Learnership Based?
The 2026 opportunity was listed for:
- Pinelands
- Johannesburg
Both locations are in South Africa.
When Was the Programme Scheduled to Start?
The Amathuba Learnership Programme 2026 was scheduled to begin on:
1 October 2026
Candidates needed to be available to start on that date.
What Was the Closing Date?
The supplied vacancy gave the closing date as:
6 September 2026 at 23:59
Because this deadline has passed, applicants should not assume that the 2026 application remains open.
If Old Mutual announces a new Amathuba intake, applicants should use the latest official vacancy and check its closing date and requirements rather than relying on the 2026 information.
How to Apply
The 2026 vacancy directed applicants to apply online through the Old Mutual careers platform.
Applicants were expected to prepare their CV, certified Matric results and ID before completing the application.
The application needed to be completed accurately and all required information supplied.
Important: The 2026 application deadline has passed, so the old application should not be presented as an active application opportunity.
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Frequently Asked Questions
What qualification was offered through the Amathuba Learnership?
The programme provided an opportunity to obtain a Wealth Management NQF Level 4 qualification while gaining workplace experience.
How long was the Amathuba Learnership?
The programme was structured to run for 12 months.
What age group could apply?
The supplied vacancy stated that applicants needed to be between 18 and 30 years old.
Did applicants need to be unemployed?
Yes. The supplied eligibility requirements stated that applicants needed to be unemployed.
What were the minimum Matric marks?
Applicants needed at least 50% in English, 50% in an official second language, and 50% in either Pure Mathematics or Mathematical Literacy.
How much was the Amathuba Learnership stipend?
The stipend amount was not specified in the supplied vacancy.
Final Reminder
The Old Mutual Amathuba Learnership Programme 2026 provided a structured route into financial services by combining a Wealth Management NQF Level 4 qualification with practical workplace experience.
However, the 2026 vacancy listed 6 September 2026 as its closing date and 1 October 2026 as its start date. Those dates have passed.
Anyone interested in a future Amathuba intake should check the latest Old Mutual careers information for a new vacancy, updated eligibility requirements and a new application deadline.
Official Source
The supplied application route was the Old Mutual careers platform. The vacancy reference provided in the source material was Amathuba Learnership 2026, JR-83364.
Last Checked Date
4 October 2026
Last Checked Date
4 October 2026
Author/Updated Information
Written by: Mbalizuke Nkosi
Published: 4 October 2026
Updated: 4 October 2026
Information checked: 4 October 2026
Mbalizuke Nkosi is the editorial voice behind YouthScope.co.za, a South African youth-focused platform dedicated to providing reliable information on opportunities, education, and career development. The platform serves students, graduates, job seekers, and young professionals by delivering accurate, timely, and easy-to-understand content.
Through informative and professionally curated content, YouthScope.co.za aims to equip young people with the knowledge and resources needed to make informed decisions about their education and future careers.
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