Trainee Business Consultant

Old Mutual; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A prominent financial services provider is seeking a Trainee Business Consultant. This role involves structured development to support Independent Financial Advisers (IFAs) along with practical field exposure. Key qualifications include a 3-year degree, strong communication skills, and financial services experience. Successful candidates will build relationships and contribute to advisor panels. The position offers a fixed monthly fee during training before transitioning to a commission-based model after allocation of an advisory panel.

Qualifications

• Applicants must have a recognised 3-year degree or diploma.
• A valid driver's license and access to reliable transport are required.
• Demonstrable work experience in any industry is necessary.

Responsibilities

• Incumbents will support Independent Financial Advisers (IFAs).
• The role involves building relationships and providing practice support.
• Responsibilities include service excellence and market insights.

Skills

Building Trust

Client Management

Client Needs Assessments

Consultative Selling

Customer Service

Sales Closing Techniques

Education

Recognised 3-year degree or diploma

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

Independent Contractor Opportunity: Trainee Business Consultant

Old Mutual Broker Distribution – Gauteng | Cape Town | Durban

Engagement Start Date: 1 March 2026

Old Mutual Broker Distribution is seeking high-potential independent incumbents who aspire to a long-term career supporting Independent Financial Advisers (IFAs). This engagement offers structured development, professional exposure and meaningful industry experience with one of South Africa’s most trusted financial services brands.

What This Engagement Involves

1. Foundational 4-Week Development Period (Offsite)

A full-time, offsite learning immersion that covers:

• Core financial services knowledge
• Adviser engagement and practice-management skills
• Old Mutual product and market insights
• Practical cohort-based learning with other Trainee Business Consultants

Incumbents must be fully available for the 4-week offsite programme and able to travel.

2. Field Exposure (6–12 Months)

After the initial development period, incumbents will rotate across selected branches to gain:

• Practical experience alongside seasoned Business Consultants
• Exposure to adviser servicing, sales enablement and practice engagement
• Accelerated readiness to support adviser panels in future

3. Future Responsibilities After Successful Completion

Incumbents who successfully complete all development phases may be considered for allocation of a panel of 15–30 IFAs, where core activities include:

• Relationship-building and practice support
• Service excellence and technical enablement
• Market insights and growth facilitation

Commercial Terms

• A fixed monthly fee is paid for the duration of the development and field‑exposure phase.
• Once an adviser panel is allocated, incumbents transition to a commission‑based model linked to adviser production.
• Incumbents are responsible for managing their own tax affairs.
• The relationship is governed by an Independent Contractor Agreement.

Minimum Requirements

Applicants must have:

• A recognised 3‑year degree or diploma (any field)
• A valid driver’s licence
• Access to reliable transport
• Demonstrable work experience (any industry)
• Experience in financial services is advantageous
• CFP qualification advantageous
• Availability to travel and be away from home during the 4‑week offsite programme
• Strong communication, relationship and interpersonal capability
• High learning agility, resilience and service orientation

(Soft‑skills and potential are weighted strongly in the selection process.)

Your Application Must Include

To enable efficient shortlisting, applicants must submit:

A concise CV (max three pages) A written motivation explaining:

• 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.

Skills

• Building Trust
• Client Management
• Client Needs Assessments
• Consultative Selling
• Customer-Focused
• Customer Service
• Customer Understanding
• Customer Value Proposition Development
• Direct Selling
• Identifying Sales Opportunities
• Sales Closing Techniques
• Sales Data Management
• Sales Software
• Strengthening Customer Relationships

Competencies

• Builds Networks
• Business Insight
• Communicates Effectively
• Customer Focus
• Directs Work
• Drives Results
• Interpersonal Savvy
• Manages Complexity

Education

NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

11 December 2025 , 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.