Old Mutual South Africa
Old Mutual is one of South Africa’s leading financial services providers, with a legacy dating back over 175 years. The company offers a wide range of services, including insurance, investment, and wealth management solutions.
Job Description & Details
Old Mutual is known for its supportive work environment, emphasis on employee development, and commitment to making a positive impact in the communities it serves. Careers at Old Mutual offer stability, growth, and the opportunity to work with an industry leader.
Popular Career Opportunities at Old Mutual
Financial Advisors
- Responsibilities: Providing clients with financial planning advice, selling insurance products, and managing client portfolios.
- Requirements: Strong communication skills, a passion for sales, and a financial planning qualification.
Actuarial Analysts
- Responsibilities: Conducting risk assessments, developing pricing models, and analyzing financial data.
- Requirements: A degree in Actuarial Science and progress toward actuarial qualifications.
IT and Data Specialists
- Responsibilities: Developing and maintaining IT systems, analyzing data trends, and ensuring cybersecurity.
- Requirements: Expertise in IT, data science, or software development.
Administrative and Support Roles
- Responsibilities: Handling office operations, managing schedules, and supporting senior staff.
- Requirements: Proficiency in office software and excellent organizational skills.
Customer Service Representatives
- Responsibilities: Assisting clients with queries, resolving complaints, and providing policy information.
- Requirements: Strong interpersonal skills and experience in customer service.
Benefits of Working at Old Mutual
Competitive Salaries and Incentives
Old Mutual offers attractive salaries, performance bonuses, and incentives for meeting or exceeding targets.
Training and Career Development Opportunities
Employees have access to training programs, mentorship, and opportunities to pursue industry-recognized certifications.
Working in a Respected and Established Institution
Old Mutual provides employees with the chance to work for a trusted brand with a proven track record of success in the financial sector.
Salary Expectations at Old Mutual
Average Salary Ranges by Position
- Financial Advisors: R15,000–R30,000 per month (with performance bonuses).
- Actuarial Analysts: R40,000–R80,000 per month.
- IT and Data Specialists: R30,000–R70,000 per month.
- Administrative Roles: R12,000–R25,000 per month.
- Customer Service Representatives: R10,000–R20,000 per month.
Factors Influencing Salaries
- Experience: More experienced professionals earn higher salaries.
- Role Complexity: Specialized roles, such as actuarial analysts, command higher pay.
- Performance: Incentives are tied to meeting sales or service targets.
Requirements for Jobs at Old Mutual
Educational and Experience Requirements
- Financial Advisors: A Matric certificate is required, with further qualifications in financial planning advantageous.
- Actuarial Analysts: A degree in Actuarial Science or Mathematics.
- IT and Data Specialists: A diploma or degree in IT, Computer Science, or related fields.
- Administrative Roles: Matric certificate with relevant administrative experience.
- Customer Service Roles: Experience in customer-facing roles and basic computer literacy.
Key Skills and Attributes Needed
- Strong interpersonal and communication skills.
- Problem-solving and analytical abilities.
- Customer-centric mindset and attention to detail.
- Teamwork and adaptability to fast-paced environments.
How to Apply for Jobs at Old Mutual
Searching for Job Opportunities
- Visit the Old Mutual Careers Page for updated job listings.
Preparing Your Application (CV and Cover Letter)
- CV: Highlight relevant experience, achievements, and skills.
- Cover Letter: Tailor your application to the specific role, emphasizing your alignment with Old Mutual’s values and your ability to contribute.
The Recruitment Process
- Application Submission: Submit your application through the Old Mutual careers portal or designated platforms.
- Initial Screening: Applications are reviewed to shortlist candidates.
- Assessments and Interviews: Prepare for technical assessments or interviews, depending on the role.
- Offer: Successful candidates receive a formal offer with details of the role, salary, and benefits.