Junior Quantitative Analyst

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

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The successful candidate will join the Actuarial, Risk and Quants (ARQ) Team within the Liability Driven Investment (LDI) business. LDI has identified the need for a junior quantitative analyst to support ARQ in delivering on its core responsibilities.

ARQ is primarily accountable for the management, valuation, and analysis of liabilities. In addition, the team leads the research and modelling required to generate quantitative, actionable intelligence for the portfolio management team. This role therefore offers exposure across the full spectrum of the LDI business.

The incoming analyst will be expected to embrace and contribute to LDI’s inclusive, collaborative culture that values open knowledge-sharing.

In addition, this position forms part of the Old Mutual Investment Group’s Investment Analyst Programme. Designed for individuals passionate about investments, the programme provides intensive training to develop new investment analysts. Its goal is to nurture and retain talented professionals, building a pipeline of future investment talent within Old Mutual Investment Group. The programme runs for 12 months, during which the successful candidate will be permanently employed.

What You’ll Be Trusted With

• Perform portfolio optimisation to generate risk-optimal portfolios
• Perform regular quantitative valuations of financial instruments and liabilities
• Perform performance and attribution measurement on portfolios
• Develop and implement quantitative projects to support more advanced techniques in risk and portfolio management.
• Collaborate within the team to research new and/or alternative quantitative and algorithmic investing techniques
• Support reporting and technical marketing deliverables to clients and other internal and external stakeholders
• Manage and respond to technical client or consultant queries

Who You Are

• A graduate in Actuarial/Financial/Mathematical fields
• Enthusiasm for professional development, including completion of a formal learnership, as a valued component of the Investment Analyst Programme
• Have a firm appreciation of quantitative valuation techniques of fixed-income investments, and understand key concepts such as present values, yield curves and forward rates.
• Have strong mathematical academic record and skills

You may also bring:

• An Honours or Masters degree in financial/mathematical sciences or data science applications advantageous
• Machine-learning algorithm implementation experience (especially in a financial application) advantageous.
• Experience in coding languages such as VBA, C#, SQL and Python advantageous

The Strengths You’ll Bring

• Strong analytical skills and attention to detail
• Strong work ethic, Deadline-driven, conscientious and orderly
• Problem solver and innovative
• Self-motivated and can use initiative
• Team culture of collaborating and willingness to work with others.
• A passion for investment markets

Let’s Succeed Together

At OMIG, how you work matters just as much as what you do. Our culture celebrates openness, accountability, and innovation – because that’s how we shape a bold future and wow our clients.

If you're ready to grow, lead, and make a meaningful impact, we look forward to meeting you

Skills

Action Planning, Analytics Software, Budget Management, Business Intelligence (BI) Analysis, Computer Literacy, Data Analysis, Data Compilation, Data Controls, Data Interpretations, Data Modeling, Evaluating Information, Numerical Aptitude, Report Review, Solution Analysis, Statistical Analysis Techniques

Competencies

Business Insight

Cultivates Innovation

Manages Complexity

Optimizes Work Processes

Situational Adaptability

Strategic Mindset

Education

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

Closing Date

08 August 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.

The Old Mutual Story!