Old Mutual Trainee Underwriter Programme 2026: Gain Experience in Insurance

Old Mutual is offering a 12-month Trainee Underwriter Programme for 2026. This opportunity is for graduates with a degree or diploma who want to gain experience in the insurance sector. The programme is based in Cape Town and offers a paid stipend.

Application Closing Date: 18 November 2026
Location: Cape Town, Western Cape, South Africa
Programme Duration: 12 months
Stipend: Paid during the training programme
Minimum Qualification: Degree or Diploma (NQF Level 7)
Opportunity Type: Learnership/Trainee Programme

About the Old Mutual Trainee Underwriter Programme

The Old Mutual Trainee Underwriter Programme is a 12-month fixed-term contract designed to prepare individuals for a career as an Individual Life Underwriter. It is ideal for those new to the insurance industry or underwriting. The programme focuses on developing the practical knowledge and technical skills needed to succeed in this field.

Participants will engage in structured learning, including classroom sessions, independent study, and hands-on on-the-job experience. Upon successful completion of all programme requirements, trainees may be considered for permanent positions within Old Mutual’s underwriting team.

About Old Mutual

Old Mutual is a leading financial services group with a significant presence in Africa, Asia, Europe, and the Americas. The company offers a wide range of financial products and services, including insurance, investment, and savings solutions. Old Mutual is committed to helping its customers achieve their financial goals and build a brighter future.

Available Learnership Opportunities

This programme specifically targets individuals interested in becoming Trainee Underwriters.

What the Learnership Offers

Successful applicants will gain valuable experience and skills in the insurance industry. Benefits include:

• Structured underwriting training
• Classroom learning and independent study
• On-the-job experience
• Exposure to individual life underwriting
• Practical customer and intermediary engagement
• Career development within the insurance sector
• The possibility of permanent employment after successful completion

Programme Duration and Location

This is a 12-month fixed-term contract. The programme will take place in Cape Town, Western Cape, South Africa.

Minimum Requirements

To be considered for this programme, applicants must meet the following criteria:

• Matric (Grade 12) qualification.
• Matric subjects must include Biology or Life Sciences and Mathematics; or Biology or Life Sciences and Accounting.
• A tertiary Degree or Diploma at a minimum NQF Level 7.

Applicants should ensure their Matric subjects are clearly listed on their CV. Qualifications such as a BSc Degree, BCom Degree, or a medically aligned Degree will be advantageous.

Competencies Required

Successful candidates should demonstrate the following skills and competencies:

• Strong written and verbal English communication skills.
• Ability to communicate in English and at least one other official South African language.
• Good interpersonal and customer service skills.
• Accuracy and a strong work ethic.
• Ability to work under pressure and meet deadlines.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Word, Excel, and PowerPoint.

Strong telephonic skills, knowledge of Old Mutual products, life insurance, and insurance processes will also be beneficial.

Who Should Apply?

This trainee programme is ideal for graduates who have completed a Degree or Diploma and are looking to start a career in insurance underwriting. If you are eager to learn, possess strong communication skills, and are comfortable with analytical tasks and customer interaction, this opportunity is for you. Applicants must be willing to work flexible hours and overtime when required.

Required Documents

Applicants should prepare the following documents for their application:

• Updated CV clearly listing Matric subjects.
• Certified copy of South African ID.
• Certified copy of Matric certificate.
• Certified copies of Degree or Diploma certificates.
• Academic record.

Ensure all documents are certified and ready for submission.

How to Apply

Applications must be submitted online through the official Old Mutual recruitment platform.

Click here to apply for Old Mutual Trainee Underwriter Programme 2026

Applicants should ensure their CV clearly lists their Matric subjects and relevant qualifications.

Important Application Information

Before applying, candidates should confirm:

• They meet the specific Matric subject requirements.
• They hold a minimum NQF Level 7 tertiary qualification.
• Their CV accurately reflects their academic background.
• They are prepared to commit to the full 12-month programme.
• They are comfortable with flexible working hours and potential overtime.
• Their application is submitted before the closing date.

Closing Date

The closing date for the Old Mutual Trainee Underwriter Programme 2026 is 18 November 2026.

Applicants are encouraged to submit their applications well before the deadline to ensure they are considered.

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