Momentum Metropolitan Holdings Limited
Momentum is a leading South African financial services provider offering a wide range of career opportunities, including internships, graduate programs, learnerships, and permanent roles across business, finance, sales, marketing, IT, actuarial science, and more. The company is recognized for its commitment to youth development, diversity, innovation, and professional growth.
Overview
Momentum’s workplace culture is values-driven, emphasizing accountability, diversity, excellence, innovation, integrity, and teamwork.
The company offers:
Graduate and Internship Programs: Structured, practical exposure in various business domains, designed for recent graduates and young professionals
Learnerships: Opportunities for unemployed candidates to gain theoretical knowledge and practical experience
Actuarial Bursaries: Financial support, mentorship, and leadership development for aspiring actuaries
CSI Youth Employment Initiatives: Social investment programs aimed at empowering youth through skills development and job placement
Popular Internship and Career Roles at Momentum
1. Actuarial Science
- Actuarial Intern : Gains hands-on experience in analyzing statistical data, assessing financial risks, and developing pricing models for insurance products.
- Actuary Trainee : Learns to use mathematical models to predict future financial outcomes and inform business decisions.
2. Finance and Accounting
- Finance Intern : Assists in financial reporting, budgeting, and accounts payable/receivable processes.
- Financial Analyst Trainee : Learns to analyze financial data, prepare reports, and support decision-making processes.
- Accountant Trainee : Gains experience in managing financial records, preparing tax returns, and ensuring compliance with accounting standards.
3. Information Technology (IT)
- IT Support Intern : Provides technical assistance and resolves hardware/software issues related to financial systems and office IT infrastructure.
- Software Developer Trainee : Learns to design, develop, and maintain software applications used in financial operations and customer services.
- Data Analyst Trainee : Works on analyzing data related to customer behavior, investment performance, and operational efficiency.
4. Marketing and Sales
- Marketing Intern : Supports brand campaigns, market research, and promotional activities for Momentum’s financial products.
- Sales Associate Trainee : Learns to promote and sell insurance, savings, and investment products to individuals and businesses.
- Digital Marketing Trainee : Gains experience in managing online advertising, social media, and email marketing campaigns.
5. Customer Service
- Customer Service Intern : Assists customers with inquiries, orders, and complaints via phone, email, or live chat.
- Service Consultant Trainee : Learns to handle customer queries, resolve issues, and ensure satisfaction with Momentum’s services.
Salaries and Stipends for Momentum Internships and Careers
1. Internship Stipends
Interns at Momentum typically receive a monthly stipend to cover basic expenses. Below are general ranges:
Internship Stipends : ZAR 8,000 – ZAR 15,000 per month
Exact amounts depend on the department, location, and level of education (e.g., undergraduate vs. postgraduate).
2. Entry-Level Salaries
For full-time positions after completing an internship or degree:
- Actuary : ZAR 40,000 – ZAR 80,000 per month (depending on certification level)
- Financial Analyst : ZAR 25,000 – ZAR 40,000 per month
- IT Specialist : ZAR 25,000 – ZAR 45,000 per month
- Finance Assistant : ZAR 18,000 – ZAR 30,000 per month
- HR Assistant : ZAR 18,000 – ZAR 28,000 per month
- Sales Representative : ZAR 15,000 – ZAR 25,000 per month (plus performance-based incentives)
3. Benefits for Full-Time Employees
In addition to salaries, full-time employees may receive benefits such as:
- Medical aid
- Pension contributions
- Employee discounts on financial products
- Professional development opportunities
- Performance bonuses
Requirements for Momentum Internships and Careers
1. Educational Qualifications
- Internships :
- Enrolled in or recently completed a relevant degree or diploma program (e.g., actuarial science, finance, IT, business).
- Strong academic performance is preferred.
- Full-Time Roles :
- A bachelor’s degree or higher in a relevant field is typically required.
- Advanced degrees or certifications (e.g., advanced IT certification, actuarial certification) may be advantageous for specialized roles.
How to Apply for Momentum Internships and Careers
There are several ways to apply for internships and full-time roles at Momentum:
Official Website
- Visit the official website of Momentum : www.momentum.co.za
- Navigate to the “Careers” or “Job Opportunities” section to view current internship and job openings.
- Create an account, upload your CV/resume, and apply directly to the positions that match your qualifications.