Old Mutual Trainee Underwriter Programme 2026: Gain Experience in Insurance

Old Mutual is offering a 12-month Trainee Underwriter Programme in Cape Town for graduates. This opportunity is for individuals looking to build a career in the insurance sector and gain practical underwriting experience. The programme includes structured training and the possibility of permanent employment after successful completion.

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 designed to prepare participants for a career as an Individual Life Underwriter. It is ideal for those new to the insurance industry or underwriting who want to develop essential technical skills and practical knowledge. The programme offers a blend of classroom learning, independent study, and on-the-job experience.

This structured training aims to equip trainees with the necessary skills to assess risks and make informed underwriting decisions. Upon successful completion of all programme requirements, participants may be considered for permanent roles within Old Mutual’s underwriting team.

About Old Mutual

Old Mutual is a leading financial services group in Africa, offering a wide range of insurance, investment, and savings products. The company is committed to helping its customers achieve their financial goals through trusted advice and innovative solutions. Old Mutual operates across several African countries and is a significant player in the financial services sector.

Available Learnership Opportunities

This programme focuses on developing individuals into Trainee Underwriters within the Individual Life division.

What the Learnership Offers

Successful trainees will gain valuable experience and benefits, including:

• Structured underwriting training
• Classroom learning sessions
• Independent learning opportunities
• Practical on-the-job experience
• Exposure to individual life underwriting processes
• Experience in customer and intermediary engagement
• Career development within the insurance industry
• The chance to apply for permanent roles after completing the programme

Programme Duration and Location

The Trainee Underwriter Programme runs for a fixed term of 12 months. The training will take place in Cape Town, Western Cape, South Africa.

Minimum Requirements

Applicants must meet the following criteria:

• Matric certificate.
• Matric subjects must include Biology or Life Sciences along with Mathematics or Accounting.
• A tertiary Degree or Diploma at a minimum NQF Level 7.

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

Competencies Required

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 good work ethic.
• Ability to work under pressure and meet deadlines.
• Capacity to work independently and as part of a team.
• Proficiency in Microsoft Word, Excel, and PowerPoint.

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

Who Should Apply?

This programme is ideal for graduates who have completed a Degree or Diploma and are looking to start a career in insurance underwriting. It suits individuals who are eager to learn, possess strong communication and interpersonal skills, and are comfortable working in a structured learning environment with on-the-job training.

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.

How to Apply

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

Click here to apply for Old Mutual Trainee Underwriter Programme 2026

Ensure your CV clearly lists your Matric subjects and that all required documents are ready before you start the online application.

Important Application Information

Before applying, please confirm that:

• You meet the specific Matric subject requirements.
• You hold a minimum NQF Level 7 tertiary qualification.
• Your CV accurately reflects your academic background.
• You are prepared to commit to the full 12-month programme.
• You are willing to work flexible hours, including potential overtime.
• Your 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 strongly encouraged to submit their applications well before this deadline.

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