Junior Quantitative Analyst

Old Mutual Life Assurance Company (SA) Ltd; Cape Town; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

Old Mutual Life Assurance Company (SA) Ltd in Cape Town is seeking a Quant Analyst to develop and implement complex quantitative models and analytical strategies for local and global capital markets within a dynamic investment team.

The role emphasizes maintaining models, data analytics, and tool development for portfolio construction, with a strong focus on big data analytics, programming, and clear English communication.

Qualifications

• Graduate qualification in commerce or science, with 3–5 years of industry experience.
• Strong quantitative skills and Excel proficiency; programming in an investment setting is a plus.
• Understanding of financial analysis and modelling; strong reasoning and numerical ability.
• Excellent English communication, written and verbal.

Responsibilities

• Maintain, run and evolve the quant elements of existing models and processes.
• Assist with fund manager style and skill analysis including holdings-based analysis.
• Build and maintain quant-based analysis tools per asset class with automatic reporting.
• Create an optimisation workspace for portfolio construction as a starting point.
• Assist data mining and analysis for strategic value add and insights.
• Produce portfolio review analyses such as POD analysis and risk decomposition.
• Collect and maintain relevant strategy data and coordinate with data team.

Skills

Quantitative skills

Programming

Data analytics

AI knowledge

Communication

Education

BCom

BSc

B.Bus.Sci

Tools

Excel

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 A great opportunity to join a growing and focused investment team at Symmetry as a Quant Analyst. The role will require the development implementation of complex quantitative models and analytical strategies in both local and global capital markets, working within a dynamic team environment.

Key Responsibilities

• Maintain, run and evolve the quant elements of the existing models and processes.
• Assist with fund manager style and skill analysis including holdings-based analysis.
• Build and maintain quant-based analysis tools per asset class with auto reporting mechanisms.
• Build and maintain an optimisation workspace that each product/solution can use as an objective starting point for portfolio construction.
• Assist with data mining and analysis for the purpose of strategic value add and thought leadership.
• Produce portfolio review analysis for more in-depth reflection on our solutions e.g. POD analysis, risk decomposition, Holdings correlation, etc.
• Collection and maintenance of relevant strategy data where it’s not available on data platforms and management of flow to data team.

These responsibilities offer an overview and a general outline of the role and are not exhaustive.

Qualification, Skills and Experience

Relevant graduate qualification (BCom, BSc, B.Bus.Sci). Preferably 3-5 years minimum relevant industry experience. Strong quantitative skills (including excel) or programming experience in an investment setting Understanding of financial analysis and modelling. Critical reasoning skills. Skills and experience in big data analytics and AI will be beneficial Great communication skills and are able to present ideas clearly in English (both written and verbal).

Skills

• Accounting
• Action Planning
• Analytical Thinking
• Budget Management
• Client Management
• Computer Literacy
• Data Classification
• Data Compilation
• Data Controls
• Data Modeling
• Document Management
• Evaluating Information
• Oral Communications
• Policies & Procedures

Competencies

• Business Insight
• Collaborates
• Communicates Effectively
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity

Education

• NQF Level 5 - Higher, Advance or Occupational Certificate or equivalent

Closing Date

13 October 2026 , 23:59

Appointment Details

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.