MFC Salaried Financial Advisor (In-house)

Old Mutual Life Assurance Company (SA) Ltd

East London

On-site

ZAR 240,000 - 360,000

Full time

10 days ago

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Job summary

Old Mutual Life Assurance Company (SA) Ltd is seeking an FAIS-advised professional to cover a specific product range within allocated markets. The role requires compliance with FAIS fit and proper standards and offers a base salary with bonuses, with no commission.

The ideal candidate will have Grade 12, FAIS qualifications, and at least 3 years sales experience. The position emphasizes compliance, customer value, and achievement of personal targets within the Old Mutual South Africa business

Qualifications

  • Grade 12 (Matric) required.
  • FAIS compliance qualification required (NQF Level 5 FSCA approved).
  • Clear criminal and credit checks, valid driver’s license and own car.

Responsibilities

  • Provides advice aligned with the customer value proposition and compliance framework.
  • Develops, tracks and reviews business plans to meet individual targets.
  • Works in specific allocated markets and with a defined range of products.
  • Limited prospecting and no commission; base salary plus bonuses.

Skills

Communication
Presentation skills
Sales experience

Education

Grade 12
FAIS Compliance (NQF Level 5 FSCA Approved Qualification)

Tools

MS Word
PowerPoint
Outlook

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

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. Provides advice in line with the customer value proposition & compliance framework. Develops, tracks & reviews business plan to meet individual performance targets. Works in specific allocated markets. Works with a specific range of products. Prospecting is limited. Receives a base salary & bonuses - no commission.

Requirements

Skills, Qualifications and Experience required Grade 12 (Matric). Valid Driver’s licence and Own Car FAIS Compliance (NQF Level 5 FSCA Approved Qualification) 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 Preference will be given to suitably qualified candidates in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

na Skills Competencies Action Oriented Balances Stakeholders Builds Networks Collaborates Communicates Effectively Customer Focus Drives Results Ensures Accountability Education Closing Date 19 October 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.

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