AI Analyst Programmer

Old Mutual Life Assurance Company (SA) Ltd; Cape Town; On-site; ZAR 360,000 - 600,000; Full time

Job summary

Old Mutual Life Assurance Company (SA) Ltd is seeking an exceptional early-career Industrial Engineer to apply systems thinking, quantitative modelling and AI to real investment and operating problems. You will work on high-impact issues, build tools, and help scale how the business operates within the Private Clients division.

Key responsibilities include designing software, maintaining applications, and contributing to AI-enabled decision support across investments, portfolio management and

Qualifications

• NQF 7 Industrial Engineering graduate (preferred).
• Strong Python capability.
• Strong quantitative and analytical ability.
• Curious and creative in applying AI and technology to real-world challenges.
• Commercially aware, with an interest in financial markets and wealth management.
• Highly driven, self-starting and intellectually ambitious.
• Comfortable in complex, ambiguous environments.
• Always looking for smarter, faster ways of doing things.

Responsibilities

• Application Software Development: Develop existing applications and contribute to new ones by analyzing and modifying for customer requirements.
• Applications Software Maintenance: Monitor, identify, and correct complex software defects to keep applications functioning.
• Design and Conceptualization: Produce concepts and prototypes for digital products/services.
• AI & Intelligent Systems: Support AI integration across investment research and operations.
• Quantitative & Analytical Support: Assist model development, data modelling, forecasting, optimisation.

Skills

Python

Quantitative analysis

AI

Commercial awareness

Problem solving

Communication

Education

NQF Level 7 Industrial Engineering degree or equivalent

Tools

Bloomberg

Job description

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description Private Clients manages over R80 billion globally for high-net-worth individuals, families and entrepreneurs, solving complex investment and wealth challenges across generations. This is a role for an exceptional early-career Industrial Engineer who wants to apply systems thinking, quantitative modelling and AI to real investment and operating problems — and see their work used in practice. We operate at the intersection of:

• Investments and portfolio management
• Quantitative modelling and decision science
• Technology, AI and data systems
• Operational optimisation and process engineering
• Complex real-world problem-solving

This is not a support role. You will work on high-impact problems, build tools, improve decision quality, and help scale how the business operates.

Key responsibilities will include amongst others the following:

Application Software Development

Develop existing applications and contribute to development of new applications by analyzing and identifying areas for modification and improvement. Develop new routine applications to meet customer requirements.

Applications Software Maintenance

Monitor, identify, and correct more complex software defects to maintain fully functioning applications software.

Design and Conceptualization

Produce multiple concepts and prototypes to design digital products/services.

Technical Developments Recommendation

Discuss and recommend technical developments to improve the quality of the website/portal/applications software and supporting infrastructure to better meet users’ needs.

Application Software Road Map

Contribute to and maintain a roadmap to facilitate application software development and ensure the development work is prioritized in line with business requirements.

Faults Diagnosis and Correction

Provide fault isolation and resolution to limit and address issues promptly.

Documentation

Create and maintain complex technical and/or user documentation to a high standard.

Testing Information Technology (IT) Performance

Design and perform website/applications software tests and respond to user emails to monitor, diagnose, and correct performance issues.

Operational Compliance

Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.

Information Security

Implement required security measures, such as firewalls or message encryption, and provide input on their design, monitoring performance to notify security experts of any problems.

Horizon Scanning

Explore and develop a detailed understanding of external developments or emerging issues and contribute to the evaluation of their potential impact on, or usefulness to, the organization.

Data Collection and Analysis

Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.

Analysis of "As Is" and "To Be"

Document "as is" and "to be" processes and describe the changes required to migrate to the "to be" capability to record accurately the change required.

Technical Database Support

Design distribution of basic database resources and provide physical modeling and design services to tune database applications for optimum performance.

AI & Intelligent Systems

Support AI integration across investment research (including screening tools), portfolio management and operations. Identify practical AI use cases and help deploy decision-support tool. Explore automation that improves efficiency, insight and client outcomes.

Quantitative & Analytical Support

Support model development and quantitative analysis across investment workstreams. Assist with data modelling, forecasting, optimisation and analytical problem-solving. Work with financial datasets to generate insight and improve decisions. Support modelling initiatives in Bloomberg and related platforms.

Process & Systems Innovation

Analyse workflows and identify redesign and optimisation opportunities. Build dashboards and reporting tools that improve scalability and decision-making. Support data-driven decision-making across business and investment functions.

These responsibilities offer an overview of the role and are not confined or restricted solely to what is listed.

Qualifications and Experience required:

NQF 7 Industrial Engineering graduate (Preferred) Strong Python capability Strong quantitative and analytical ability Curious and creative in applying AI and technology to real-world challenges Commercially aware, with an interest in financial markets and wealth management Highly driven, self-starting and intellectually ambitious Comfortable in complex, ambiguous environments Always looking for smarter, faster ways of doing things Skills Action Planning, Application Development, Business Process Design, Computer Literacy, Data Management, Data Modeling, Evaluating Information, Identifying Customer Needs, Information Technology (IT) Support, Market Analysis, Oral Communications, Product Development, Technical Support, Technical Troubleshooting, Test Case Management, User Requirements Documentation, Web Development Competencies Business Insight Collaborates Communicates Effectively Courage Cultivates Innovation Decision Quality Drives Results Ensures Accountability Education NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent Closing Date 05 November 2026 , 23:59 The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story! Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.