Exploring Jobs at Old Mutual: Opportunities, Salaries & Application Guide
H1 – Welcome to Your Career Journey with Old Mutual
Looking for a stable yet dynamic workplace in South Africa? Old Mutual—established in 1845—is one of our country’s premier financial and insurance institutions. For job seekers in 2025, it offers diverse roles across actuarial, finance, IT, sales, and more. This comprehensive guide unpacks current openings, realistic salaries, application steps, skill requirements, and trends to help you stand out.
H2 – South Africa’s Job Market in 2025
Before jumping into Old Mutual opportunities, let’s understand the context.
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Unemployment Rate: Around 32% in Q1 2025, based on Stats SA.
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In‑Demand Sectors: Financial services (17% growth), fintech, insurance, and tech.
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Remote and hybrid work: Surging within corporate South Africa (36% companies offering flexibility).
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Upskilling trend: Nearly 45% of candidates augmenting skills via Udemy, Coursera, or accredited SAP & actuarial courses.
Tip: Tailoring your CV to highlight digital literacy and domain-relevant certifications significantly boosts your chances.
H2 – What is Old Mutual Looking For?
H3 – Essential Skills & Profiles
Role | Required Skills & Qualifications |
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Actuary / Data Analyst | BSc in Actuarial Science/Statistics, strong R/Python, CFA/SAIA certification a bonus |
Financial Advisor / Sales | Tertiary degree, FAIS accreditation, client relationship strength, target-driven mindset |
Software / IT Specialist | Degree in CS/IT, Java/.NET/Cloud skills, Agile/Scrum knowledge, plus cybersecurity awareness |
Marketing & Communications | Degree in Marketing/Comms, digital analytics, social media strategy, excellent storytelling |
H3 – WHO They Want
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Collaborative individuals with track records of teamwork.
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Problem-solvers who think on their feet.
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Ethical professionals committed to compliance (FAIS, POPIA).
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Agile learners able to adapt in a digital-first world.
H2 – Real Salary Data for 2025 at Old Mutual
Transparent salary info helps you plan your application smartly. Here’s a breakdown:
Position | Entry Monthly | Mid-/Senior Ann. | Hourly Rate |
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Financial Advisor | R9,000 | R122,148 | R346 / day (Indeed) oldmutual.co.zapayscale.com+4za.indeed.com+4za.indeed.com+4 |
Actuary | – | ~R570,000 | R390 / hr (Indeed) |
Business Analyst / IT | – | R496,076 | – |
Average across company | – | R396,285 | – (PayScale) |
Old Mutual PLC Avg. Salary | – | R506,749 | – (PayScale) |
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Entry-level starts around R192,000–R240,000/year (~R10k–R20k/mo) .
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Senior professionals may earn R500,000–R700,000/year, especially in actuarial and IT roles.
H2 – Current Openings & How to Apply
All listings below are active as of June 2025. Apply before closing dates to increase your chances!
H3 – Selected Openings
Role | Location | Open Date | Close Date | Apply Link |
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Financial Advisor (MFC) | Grahamstown, EC | May 18, 2025 | Jul 1, 2025 | Apply here glassdoor.com+9za.talent.com+9oldmutual.co.za+9 |
Software Engineer | Johannesburg, Gauteng | Jun 1, 2025 | Jun 30, 2025 | Apply here |
Business Analyst | Cape Town, WC | Jun 5, 2025 | Jul 5, 2025 | Apply here |
✅ How to apply:
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Visit the official portal above.
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Create a profile and upload a polished CV (max 2 pages).
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Complete assessments on FAIS compliance (for advisory roles) or technical tasks for IT.
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Wait for a recruiter to contact you—usually within 2–3 weeks.
H2 – Inside Tips: Stand Out in Your Application
H3 – ✨ Tip 1: Tailor Your CV
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Use targeted keywords like “FAIS‑licensed”, “R/Python scripting”, “client acquisition metrics”.
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Showcase quantifiable achievements, e.g., “grew portfolio by 15% in six months”.
H3 – ✨ Tip 2: Prepare for Assessments
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Be ready for online aptitude tests, simulations (sales), and technical challenges (IT).
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Projects or case studies that align with Old Mutual’s values (e.g. customer centricity) help.
H3 – ✨ Tip 3: Code of Conduct & Culture Fit
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Demonstrate your commitment to ethics and compliance—a cornerstone at Old Mutual.
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Use the STAR method to convey how you act responsibly in high-pressure situations.
H2 – Pros, Cons & FAQs
H3 – ✅ Pros
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Reputable brand with long-term stability and growth.
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Structured career paths in finance, actuarial science, and tech.
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Competitive pay plus FAIS‑aligned bonus schemes and benefits.
H3 – ⚠️ Cons
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High expectations—sales and advisory teams face steep targets and clawbacks payscale.com+1payscale.com+1za.indeed.com+7za.talent.com+7glassdoor.com+7oldmutual.co.za.
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Senior-level roles may have slower promotion cycles (2–3 years typical).
H3 – ❓ FAQs
Q: Is remote work available?
A: Yes—most tech and corporate roles support hybrid arrangements.
Q: What qualifications do I need for advisory roles?
A: FAIS accreditation and a tertiary qualification in finance or related fields.
Q: Do they hire graduates?
A: Absolutely—graduate programs are open in actuarial, IT, and finance streams.
H2 – Industry & Recruitment Trends
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Fintech integration: Growing demand for roles in analytics, insurtech, and digital innovation.
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Upskilling: Online certifications in cybersecurity, R/SQL, advanced Excel are valuable.
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Diversity push: Old Mutual reports 47% female staff and strong gender-pay equity drives .
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Employer branding: Ratings of ~3.4–3.9/5 on major platforms (PayScale, Indeed, Glassdoor) reflect generally positive sentiment.
H2 – Additional Resources & Networking Tips
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Stats SA labour reports – keep tabs on national hiring trends.
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Recruitment specialists:
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Adcorp (Joburg): [Google Maps link]
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CNA (Cape Town): [Google Maps link]
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Online learning:
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Coursera’s Financial Engineering
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Udemy’s R for Data Science
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Networking:
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Join Old Mutual Alumni on LinkedIn
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Follow @OldMutualSA on Facebook and LinkedIn for updates.
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H2 – Final Takeaways
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Old Mutual is actively hiring in 2025 across key growth areas—IT, actuarial, advisory, and analytics.
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Salary ranges (R200,000–R700,000+) are realistic depending on experience.
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Preparation is key: tailor your CV, earn relevant certifications, and understand company values.
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Despite some high-pressure roles, the long-term career prospects, competitive pay, and learning culture make it a top choice.
Action Step: Bookmark their [careers page] and set alerts. Begin tailoring your resume now—and lean on industry resources and networks to position yourself as the ideal candidate.