Old Mutual Trainee Underwriter Programme 2026: Gain Experience in Insurance

Old Mutual is looking for graduates to join its Trainee Underwriter Programme in 2026. This 12-month programme offers structured training and on-the-job experience for those wanting to start a career in insurance underwriting. Applications are open to individuals with a degree or diploma and specific Matric subjects.

Application Closing Date: 18 November 2026
Location: Cape Town, Western Cape, South Africa
Programme Duration: 12 months
Contract Type: Fixed-term contract
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 individuals for a career as an Individual Life Underwriter. It is ideal for those new to the insurance industry or underwriting who wish to gain practical knowledge and technical skills. The programme combines classroom learning, independent study, and hands-on work experience.

Successful participants will learn to assess risks, make underwriting decisions under supervision, and handle client inquiries. This opportunity provides a solid foundation for a career in underwriting within the insurance sector. Upon successful completion, trainees may have the chance to apply for permanent roles at Old Mutual.

About Old Mutual

Old Mutual is a leading financial services group with a presence across 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.

What the Learnership Offers

This programme offers valuable benefits for aspiring underwriters. Participants will receive structured training, including classroom sessions and practical on-the-job experience. You will gain exposure to individual life underwriting and develop essential customer and intermediary engagement skills.

The programme also supports career development within the insurance industry. Upon successful completion of the programme and its requirements, there is an opportunity to apply for permanent positions within Old Mutual’s underwriting team.

Programme Duration and Location

The Trainee Underwriter Programme runs for a duration of 12 months. The training 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 certificate.
• 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.

Advantageous qualifications include a BSc Degree, BCom Degree, or a medically aligned Degree.

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.
• Ability to work accurately and maintain a good work ethic.
• Capacity 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, and familiarity with life insurance processes will be advantageous.

Who Should Apply?

This trainee programme is ideal for graduates who have completed a Degree or Diploma and possess specific Matric subjects, particularly in Life Sciences and Mathematics or Accounting. It suits individuals eager to build a career in the insurance sector, specifically in underwriting. If you are looking for structured training and practical experience in assessing risks and making insurance decisions, this opportunity is for you.

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 up to date before submitting your application.

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

Please ensure your CV clearly lists your Matric subjects and that you meet all the minimum requirements before applying.

Important Application Information

Before submitting your application, please confirm the following:

• 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 and overtime when necessary.
• Your application will be 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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