The Conditional Salaried Financial Advisor (FA) is responsible for acquiring, advising, and servicing clients by identifying their financial needs and providing appropriate insurance and investment solutions.
Job Summary
- Employer: Old Mutual Malawi
- Job Type: Full-time
- Location: Blantyre, Malawi
- Category: Sales
- Closing Date: 2026-10-05
Key Responsibilities
- Provide advice in line with the customer value proposition & compliance framework.
- Develop, track and review business plans and meet individual performance targets.
- Work in specific allocated markets.
- Sell the company’s specific range of products.
Requirements
- Bachelor of Administration (BAdmin): Sales: Banking Services
How to Apply
To apply, please visit: oldmutual.wd3.myworkdayjobs.com
REF Code: JR-84305
About the Company
Old Mutual Malawi is a prominent financial services group operating within the Republic of Malawi, dedicated to empowering individuals and businesses. As a subsidiary of Old Mutual Limited, it provides a comprehensive suite of financial solutions, including life assurance, general insurance, investment management, and savings products. The company caters to a broad spectrum of clients, from retail customers seeking personal financial security to corporate and institutional entities managing significant assets across Malawi. With a strong commitment to local development, Old Mutual Malawi plays a vital role in fostering economic stability and financial literacy, helping Malawians achieve their financial aspirations and secure their futures.
Empowering Malawians through trusted financial solutions.
Frequently Asked Questions
What qualifications or education do I need to become a Conditional Salaried Financial Advisor at Old Mutual Malawi?
Most employers in Malawi require a minimum of a Diploma in Business, Finance, Accounting, or a related field from a recognized institution like the University of Malawi or Mzuzu University. Professional certifications such as those offered by the Insurance Institute of Malawi (IIM) or the Chartered Institute of Marketing (CIM) strengthen your application. Strong numeracy skills and proficiency in English and Chichewa are typically essential.
What does a typical day look like for a Financial Advisor in Malawi?
Your day usually involves meeting prospective clients in urban centers like Lilongwe, Blantyre, or Mzuzu to discuss insurance and investment products. You will spend considerable time prospecting through referrals, community networks, and business visits, followed by preparing proposals and following up on policy applications. Administrative tasks and reporting to your sales manager are also regular responsibilities.
How is the work culture and what expectations do Malawian employers have for Financial Advisors?
Malawian sales roles emphasize relationship-building and trust, so employers expect you to be persistent, respectful, and deeply embedded in local communities. You will face pressure to meet monthly sales targets, but success is often measured by client retention and ethical conduct as well. Punctuality, professional dress, and willingness to travel within your assigned territory are standard expectations.
What career progression opportunities exist for Financial Advisors in Malawi?
With consistent performance, you can advance to Senior Financial Advisor, Team Leader, or Branch Manager positions within two to five years. Some professionals transition into specialized roles like training and development, product management, or corporate sales. Further qualifications, such as a Bachelor's degree or advanced IIM certifications, significantly improve promotion prospects.
What benefits typically come with a Conditional Salaried Financial Advisor role in Malawi?
Benefits usually include a basic salary plus commission, statutory pension contributions under the Malawi National Pension Scheme, and annual leave as prescribed by the Employment Act. Medical aid coverage varies by employer and may include limited family benefits. Some firms provide fuel allowances, mobile phone allowances, or sales incentives like performance bonuses.
How do I apply for this role and what do Malawian employers look for in candidates?
Submit your CV and cover letter through the company's careers portal, email, or in-person at their head office in Blantyre or regional offices. Employers prioritize candidates with demonstrated sales experience, strong local networks, and a clean criminal record. Prepare for panel interviews and practical assessments such as mock client presentations to demonstrate your communication and persuasion skills.