Old Mutual South Africa
Trainee Business Consultant
Company: Old Mutual South Africa
Location: Johannesburg, Gauteng
Job Type: Entry Level
Posted: 2025-12-01 (45 )
Application Deadline: 11 December 2025, 23:59
About the Role
Old Mutual is dedicated to unlocking Africa’s potential. We seek a high‑potential independent contractor to become a Business Consultant and support Independent Financial Advisers (IFAs). This role offers structured development, professional exposure, and real industry experience with one of South Africa’s most trusted financial services brands.
Engagement Details
Start date: 1 March 2026
Locations available: Gauteng, Cape Town, Durban
What the role involves
Foundation Phase – 4 weeks (offsite)
- Full‑time learning immersion covering core financial services knowledge.
- Training on adviser engagement and practice‑management skills.
- Introduction to Old Mutual products and market insights.
- Co‑learning with other trainee consultants.
You must be available to attend the 4‑week offsite programme and travel as required.
Field Exposure – 6 to 12 months
- Rotate through selected branches to work with experienced Business Consultants.
- Gain hands‑on experience in adviser servicing, sales enablement, and practice engagement.
- Prepare to support adviser panels in the future.
Successful completion may lead to allocation of a panel of 15–30 IFAs. Core responsibilities would include:
- Building relationships and providing practice support.
- Delivering service excellence and technical enablement.
- Providing market insights and facilitating growth.
Commercial Terms
A fixed monthly fee is paid during the development and field‑exposure phases. Once a panel of advisers is assigned, the role moves to a commission‑based model linked to adviser production. Contractors are responsible for their own tax affairs and operate under an Independent Contractor Agreement.
Minimum Requirements
- Recognised 3‑year degree or diploma (any field).
- Valid driver’s licence and reliable transport.
- Previous work experience (any industry).
- Experience in financial services is an advantage.
- CFP qualification is advantageous.
- Ready to travel and be away from home during the 4‑week offsite programme.
- Strong communication, relationship, and interpersonal skills.
- High learning agility, resilience, and service orientation.
Soft skills and potential are heavily weighed in the selection process.
How to Apply
To be considered, please submit the following:
- A concise CV (maximum three pages).
- A written motivation addressing:
- Why you believe you will excel as a Business Consultant supporting IFAs.
- Why you want to contract with Old Mutual Broker Distribution.
- A real example demonstrating resilience, initiative, or sales orientation.
Applications without a motivation will not be considered.
Key Skills
- Building Trust, Client Management, Consultative Selling, Customer‑Focused, Direct Selling, Closing Techniques, Sales Data Management, etc.
Key Competencies
- Builds Networks, Business Insight, Communicates Effectively, Customer Focus, Directs Work, Drives Results, Interpersonal Savvy, Manages Complexity.
Education Level
NQF Level 7 – Degree, Advanced Diploma or Postgraduate Certificate or equivalent.
Closing Date
11 December 2025, 23:59
If you meet the above criteria and are excited about this opportunity, apply now.