Current Vacancies at Old Mutual

Job Description

• This role provides advice on a specific range of products to a specific allocated market and are individually accountable for achieving results through their own efforts.
• The position has been identified as a FAIS position and falls within the ambit contemplated by FAIS related to Category B. The successful candidates must therefore comply with all FAIS requirements, including the Fit and Proper requirements of Honesty and Integrity (e.g. be clear of any offence relating to fraud, dishonesty and/or any professional misconduct) as well as competence and relevant qualifications.

Role Description 

Key /Performance Areas

Financial Advice 

• Provides advice in line with the customer value proposition & compliance framework.
• Works in specific allocated markets.
• Works with a specific range of products.

Personal Effectiveness  

• Accountable for service delivery through own efforts. 
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months. 
• Makes increased contributions by broadening individual skills. 
• Collaborates effectively with others to achieve personal results. 
• Accepts and lives the company values.

Relationship Building 

• Establish sound working relationships and maximises opportunities with prospective clients.
• Uses appropriate interpersonal and communication techniques to gain client acceptance.

Sales/ Productivity 

• Develops, tracks & reviews business plan to meet individual performance targets.
• Engages in limited prospecting.

Requirements: Skills, Qualifications and Experience required

• Grade 12 (Matric).
• Valid Driver’s licence and Own Car
• FAIS Compliance
• Clear criminal and credit check
• Minimum of 3 years working experience (preferably in sales)
• Computer literacy (MS Word, Powerpoint and Outlook)
• Excellent communication skills (written and verbal)
• Presentations skills an added advantage

Attributes / Competencies

• Client Focus 
• Decision Making 
• Planning & Organising
• Sales Ability
• Technical Knowledge
• Tenacity

Closing Date:01 July 2024

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Job Description

• This role will be responsible for third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance e.g. Anti-Money Laundering and Anti-bribery and Corruption policies/legislation, reputational risk assessments.  The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals.

Job Summary

• This CAPE TOWN based role will be responsible for third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance e.g. Anti-Money Laundering and Anti-bribery and Corruption policies/legislation, reputational risk assessments.  The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals.

KEY RESULT AREAS

Reduced reputational risk: 

• Focus is primarily on high and medium risk reviews.

Delivered client service:

• Conduct due diligence investigations on individuals, business entities and associated entities, by following the due diligence assessment process. This entails conducting research and sourcing information utilizing a number of internal databases and third party systems.
• Draft due diligence reports by consolidating and collating analyzed information, highlighting potential risks/red flags and making recommendations to senior management.
• Ensure governance and compliance standards are met by recording due diligence assessment outcomes on the case management systems for future reference.
• Prevent potential risks by processing, analyzing and highlighting risk information to stakeholders.
• Highlight system and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders.
• Provide forensic investigation support by obtaining and verifying information that could assist forensic consultants in their investigations.

QUALIFICATIONS, SKILLS & REQUIRED EXPERIENCE

• Grade 12
• BCom degree or relevant
• A minimum of 3 years’ relevant experience in a financial services/ insurance environment (insurers and/or banks).
• Good knowledge of the financial services industry and types of products, as well as an understanding of typical performance and risk measures.
• Experience in research methodology, anti-money laundering and anti-bribery and corruption investigations.
• Ability to analyze and interpret financial / transactional data in order to identify typical financial crime typologies / red flags.
• Requires excellent report writing skills.
• Financial risk management / oversight experience would be a distinct advantage.
• Experience in conducting financial health assessments would be advantageous.

Personal attributes 

• Excellent verbal and written communication skills.
• The ability to perform under pressure, related to both time and consequence.
• The ability to interact and work with different teams across a diverse front.
• Strong forward-thinking and analytical skills.
• Pragmatic and numerate.
• Logical thought processes and critical thinking skills resulting in sound judgment.
• Decision-making abilities

Education

• Bachelor Commerce

Closing Date: 29 June 2024

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Job Description

• This role provides advice on a specific range of products to a specific allocated market and are individually accountable for achieving results through their own efforts.
• The position has been identified as a FAIS position and falls within the ambit contemplated by FAIS related to Category B. The successful candidates must therefore comply with all FAIS requirements, including the Fit and Proper requirements of Honesty and Integrity (e.g. be clear of any offence relating to fraud, dishonesty and/or any professional misconduct) as well as competence and relevant qualifications.

Role Description 

Key /Performance Areas

Financial Advice 

• Provides advice in line with the customer value proposition & compliance framework.
• Works in specific allocated markets.
• Works with a specific range of products.

Personal Effectiveness  

• Accountable for service delivery through own efforts. 
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months. 
• Makes increased contributions by broadening individual skills. 
• Collaborates effectively with others to achieve personal results. 
• Accepts and lives the company values.

Relationship Building 

• Establish sound working relationships and maximises opportunities with prospective clients.
• Uses appropriate interpersonal and communication techniques to gain client acceptance.

Sales/ Productivity 

• Develops, tracks & reviews business plan to meet individual performance targets.
• Engages in limited prospecting.

Requirements: Skills, Qualifications and Experience required

• Grade 12 (Matric).
• Valid Driver’s licence and Own Car
• FAIS Compliance
• Clear criminal and credit check
• Minimum of 3 years working experience (preferably in sales)
• Computer literacy (MS Word, Powerpoint and Outlook)
• Excellent communication skills (written and verbal)
• Presentations skills an added advantage

Attributes / Competencies

• Client Focus 
• Decision Making 
• Planning & Organising
• Sales Ability
• Technical Knowledge
• Tenacity

Closing Date:01 July 2024

go to method of application »

Job Description

• This role provides advice on a specific range of products to a specific allocated market and are individually accountable for achieving results through their own efforts.
• What is a financial advisor?
• The role of a financial advisor is one that demands utmost professionalism, integrity and a customer-centric approach. An accredited financial advisor commands the respect and trust of those customers who are entrusting their and their families financial futures to them.
• The role calls for formal in-house training, the completion of the prescribed Regulatory exams, accreditation with the Financial Services Regulatory authority and requires continuous professional development.
• As an accredited financial advisor with Old Mutual, you will represent the ideals and values to which the company has subscribed for over 175 years – Integrity, Professionalism, Customer-first, Advice led.

What is required of you?

• Provide appropriate financial advice, in line with the customer’s resources and financial goals, to enable positive financial futures and protection of assets and estate.
• Provide pro-active, on demand financial service and advice to customers within your allocated customer markets.
• Providing relevant and appropriate financial advice, hinges on a complete understanding of the customer’s personal and financial circumstances – and their goals or dreams for the future. As such, interpersonal and communications skills in order to build solid relationships are fundamentally important.

What do we need from you?

• A Grade 12 (Matric) certificate
• FAIS compliance
• RE5 an advantage
• A valid Driver’s licence and your own car
• A clear criminal and credit check
• A minimum of 3 years working experience (preferably in sales)
• Proven computer literacy (MS Office suite)
• Excellent communication skills (written and verbal)

Education

• High School (Grade 12)  (Required)

Closing Date: 01 July 2024

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Job Description

• An exciting opportunity exists within the Old Mutual Wealth Actuarial Team offering exposure to an interesting combination of technical and business issues. The role requires a technically sound individual, who is responsible for performing actuarial valuation reporting, and collaborate effectively with various teams and stakeholders at all levels.
• The incumbent candidate will assist in the valuation of life wrapped products for the Wealth Segment for consolidated financial reporting purposes, including IFRS, EV, SAM, Regulatory and Internal risk metrics. There will be a strong focus on ensuring processes are robust, efficient and fit for purpose, with appropriate control. Part of the role will focus on the continuous improvements of existing models and processes to embed IFRS17 reporting into the Wealth business. The role will also require participation in various projects, which will present opportunities to develop further insights and influence reporting within and across the various OML teams.

Key responsibilities will include amongst others the following:

• Valuation and Financial Reporting (including Capital Requirements)
• Responsible for accuracy and quality of the consolidated financial reporting results for submission to the OML Group Actuarial Reporting team and Wealth Finance team, as appropriate.
• Accountable for compliance with agreed policy and methodology as well as professional guidance and legislation.
• Proactively provides analysis of results and recommends appropriate action back to the business and other stakeholders.
• Responsible for accuracy and completeness of the actuarial portions of regulatory reporting for submission to the OML Group Actuarial Reporting team.
• Responsible for the development and maintenance of actuarial models.
• Process efficiency and automation
• Ensure processes are efficient, robust and fit for purpose.
• Ensure the control environment is adequate and effective.

Provide mentorship to junior actuarial students

• Ad-hoc projects
• Support the delivery of relevant projects, as and when these arise. These include (but not limited to) business planning and forecasting.

Requirements and Experience

• Qualified or nearly qualified actuary (with a minimum of 11 exam credits)
• At least 4 years actuarial experience
• Experience in life investment products or life valuations will be advantageous
• Strong analytic skills and attention to detail
• IFRS 17 knowledge and Prophet skills will be a distinct advantage.

Skills

• Business, Financial Analysis and Reporting, IFRS 17, International Financial Reporting Standards (IFRS), Valuating

Education

• Bachelors Degree (B): Actuarial Science (Required)

Closing Date: 01 July 2024