Old Mutual Financial Advisor Job Description
Old Mutual is one of Africa’s most established financial services providers, renowned for empowering clients to achieve their lifetime financial goals. Becoming a Financial Advisor at Old Mutual means more than just selling products—it’s about delivering trusted advice and building lasting relationships. This post provides an in-depth look into the Old Mutual Financial Advisor job description, key responsibilities, requirements, and why so many professionals pursue this rewarding career path.
Essential Highlights
- Old Mutual Financial Advisors play a crucial role in guiding clients through life’s financial decisions, matching them with custom solutions.
- The job blends relationship management, product expertise, and long-term impact on clients’ financial wellbeing.
- Candidates benefit from structured training, career growth, and competitive earning potential.
- A strong sense of ethics, autonomy, and business acumen are vital to excel in this role.
- Old Mutual offers established flows of recurring income and an independent brokerage model for advisors moving practices.
Table of Contents
What Does an Old Mutual Financial Advisor Do?
Core Responsibilities and Daily Tasks
Skills & Qualifications Required
Career Growth, Rewards, and Support
Why Choose Old Mutual?
How to Apply
FAQs: Old Mutual Financial Advisor Role
What Does an Old Mutual Financial Advisor Do?
Old Mutual Financial Advisors are trusted professionals dedicated to helping individuals achieve lifetime financial goals by offering tailored advice and implementing fit-for-purpose financial plans.
They partner with clients at various life stages, analyzing unique financial needs, providing strategic advice, and ensuring clients’ plans adapt to changing circumstances. Working through Old Mutual’s vast product portfolio, advisors become key allies—championing clients’ aspirations from wealth creation to protection, investment, and retirement[1][7].
- Advisors match customer needs with products including savings, investments, insurance, and retirement plans.
- The position requires a commitment to ethical standards and building trust.
- Advisors enjoy autonomy, often managing their own client base and business activities.
Core Responsibilities and Daily Tasks
The core of the job revolves around relationship building, financial planning, and ongoing client service. Typical responsibilities include:
- Client Needs Assessment: Meeting with clients to analyze their financial status, objectives, and risk tolerance.
- Advice & Recommendations: Proposing relevant products and strategies tailored to each client’s circumstances.
- Implementing Solutions: Managing all paperwork and compliance, facilitating investments, insurance, or retirement plan setup.
- Ongoing Reviews: Conducting regular portfolio reviews to monitor progress, adjust plans, and respond to changing client needs[1][7].
- Business Development: Sourcing and pursuing new client opportunities, growing a robust network.
- Record Keeping & Compliance: Maintaining accurate and up-to-date records in line with regulatory requirements and Old Mutual standards.
Skills & Qualifications Required
Old Mutual seeks candidates who combine interpersonal skills with a passion for financial success and personal growth.
Minimum Requirements:
– South African citizenship (or legal eligibility to work).
– Matric certificate (National Senior Certificate).
– Clean ITC and criminal record[4].
– Own vehicle and laptop (for client visits and admin).
Experience & Attributes:
– At least 18 months of financial services experience is often preferred, but candidates with 2+ years of sales or customer-facing experience in any field will be considered[1][4].
– Entrepreneurial mind-set—drive, motivation, and initiative are essential.
– Strong networking ability—a natural flair for connecting with people and building relationships.
– Professional demeanor and integrity—clients trust advisors with life-defining decisions.
Career Growth, Rewards, and Support
Old Mutual is committed to supporting advisors through comprehensive training, attractive reward structures, and career advancement opportunities.
- Structured Training: New advisors receive in-depth training on products, regulatory requirements, and client engagement.
- Mentoring & Professional Development: Ongoing support and mentorship ensure continuous growth.
- Lucrative Income Potential: Performance-based earnings, including commissions and recurring income from existing client flows.
- Recognition: Advisors’ achievements are celebrated through various incentive and recognition programs.
- Autonomy with Support: Flexibility to build your practice, with the backing of a respected institution[1].
Why Choose Old Mutual?
Joining Old Mutual provides a platform for personal, professional, and financial growth in a value-driven environment.
- Heritage & Reputation: Old Mutual’s legacy of trust bolsters your credibility with clients.
- Independent Brokerage Path: Advisors transitioning to Old Mutual can maintain client relationships and benefit from established income streams.
- Supportive Culture: A collaborative, supportive, and ethical workplace where your impact is recognized.
- Career Longevity: Many advisors build long-term, meaningful careers serving generations of clients.
For further details, explore the specific Old Mutual Financial Advisor job description and related resources at JobDescription.co.za or browse more options on the job description home page.
How to Apply
Candidates ready to make a difference can start their Old Mutual journey as follows:
- Prepare a professional CV and a cover letter highlighting relevant qualifications and your passion for helping clients achieve their financial dreams.
- Apply directly via the Old Mutual Careers site or through trusted recruitment partners.
- Consider reaching out to established agencies or JobDescription.co.za for role-specific postings and requirements.
FAQs: Old Mutual Financial Advisor Role
What products do Old Mutual Financial Advisors offer?
Advisors recommend a range of products, including life insurance, savings and investment vehicles, retirement solutions, and risk products tailored to individual client needs[1].
Is experience in finance required?
While financial industry experience is preferred, candidates with a strong sales record and a passion for service are often considered, especially if they demonstrate entrepreneurial drive and networking skills[1][4].
What training does Old Mutual provide?
New advisors undertake an intensive onboarding program covering product knowledge, compliance, sales skills, and client relationship building. Ongoing mentorship and development ensure long-term success.
How are advisors compensated?
Earnings are performance-based, with commission on new business and recurring income for ongoing client service. Top performers can achieve significant financial rewards and recognition[1][4].
Can I manage my own practice as an Old Mutual advisor?
Yes. Advisors enjoy a flexible, semi-autonomous role—often running their own client books while benefitting from Old Mutual’s support and brand reputation.
What are the biggest challenges in this role?
Building a client base, maintaining up-to-date knowledge of changing regulations and products, and consistently delivering value to clients are core challenges. Adaptability and resilience are key traits for success.
Where can I learn more or view current openings?
– Visit JobDescription.co.za’s Old Mutual Financial Advisor page and Old Mutual’s career portal.
– Explore the general job description database for more opportunities.
Discover more about financial advisor roles, best practices, and industry news:
– Financial Sector Conduct Authority – South African finance regulatory body
– SAICA – South African Institute of Chartered Accountants
– LinkedIn Career Insights – Financial advisor jobs and career tips
For a comprehensive guide on creating standout job descriptions, browse our job description resources.
Ready to guide others to financial success? Old Mutual awaits your expertise and ambition.