Marsh Learnership Programme 2027: Monthly Stipend and NQF Level 5 Insurance Underwriting

The Marsh Learnership Programme 2027 offers young South Africans an opportunity to gain practical workplace experience in the insurance and risk-management industry while working towards an Occupational Certificate: Insurance Underwriter at NQF Level 5.

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The 12-month programme is aimed at eligible Matriculants between the ages of 18 and 25. Successful learners will receive a monthly stipend and participate in structured workplace learning at Marsh.

The programme is expected to start on 1 February 2027 and will operate on a hybrid basis, with learners required to work from the office three days a week. Opportunities are available in Durban and Sandton.

Marsh Learnership Programme 2027 at a Glance

Programme Detail	Information
Company	Marsh
Programme	Marsh Learnership Programme 2027
Industry	Insurance and risk management
Duration	12 months
Contract	Fixed-term
Qualification	Occupational Certificate: Insurance Underwriter
NQF Level	Level 5
Stipend	Monthly stipend
Locations	Durban / Sandton
Work arrangement	Hybrid
Office attendance	Three days per week
Start date	1 February 2027
Age	18–25 years
Citizenship	South African
Education	Matric or equivalent
Target applicants	Matriculants

What Is the Marsh Learnership Programme 2027?

The Marsh Learnership Programme is structured to combine formal occupational learning with practical workplace exposure.

Rather than focusing only on classroom-based education, the programme gives successful learners an opportunity to understand how a professional insurance organisation operates.

Learners can gain exposure to areas such as:

• Insurance underwriting
• Risk management
• Workplace administration
• Professional communication
• Insurance-related processes
• Business operations
• Client and broker interactions
• Practical workplace responsibilities

The programme also provides an opportunity to work towards an Occupational Certificate: Insurance Underwriter at NQF Level 5.

For young people considering careers in insurance, financial services, underwriting or risk management, this type of workplace exposure can provide useful industry experience.

Marsh Learnership Qualification: NQF Level 5 Insurance Underwriter

A major component of the programme is the Occupational Certificate: Insurance Underwriter at NQF Level 5.

Insurance underwriting involves evaluating information about risks and helping determine whether and under what conditions those risks can be insured.

Depending on the insurance environment, underwriting may involve considering:

• The nature of a particular risk
• Potential financial exposure
• Information supplied by clients or brokers
• Insurance requirements
• Risk-management measures
• Underwriting guidelines
• Relevant policy considerations

The qualification therefore connects theoretical learning with practical exposure to the insurance environment.

Applicants should also understand that completing a learnership or occupational qualification does not automatically guarantee permanent employment. Future employment depends on factors such as available positions, qualifications, performance and employer requirements.

What Does an Insurance Underwriter Do?

Insurance underwriting is an important function within the insurance industry.

Underwriters assess information relating to potential risks and help determine appropriate insurance terms based on established underwriting guidelines.

The work can require attention to detail, analytical thinking, communication, administration and an understanding of financial risk.

An insurance career can potentially lead to opportunities in several related areas, including:

• Underwriting
• Claims
• Broking
• Risk management
• Insurance sales
• Client service
• Compliance
• Insurance administration

This means learners entering the industry can potentially explore different career pathways as they gain experience and additional qualifications.

Monthly Stipend for the Marsh Learnership

Successful learners will receive a monthly stipend during the 12-month programme.

The supplied programme information does not specify the exact stipend amount. Applicants should therefore avoid relying on figures published elsewhere unless the amount is confirmed by Marsh or the official application information.

A learnership stipend should also be distinguished from a permanent employee salary.

Learners should consider expenses such as transport, food, accommodation, mobile data and other personal costs when deciding whether they can participate in the programme.

Hybrid Work: Durban and Sandton Locations

The Marsh Learnership Programme follows a hybrid working arrangement.

However, hybrid work does not mean that learners can complete the entire programme remotely.

Successful applicants are expected to attend the office three days per week. The listed locations are:

• Durban
• Sandton

Applicants should therefore consider their ability to travel to the relevant office location before applying.

Transport costs and commuting time are particularly important considerations because regular physical attendance forms part of the programme.

Who Can Apply for the Marsh Learnership Programme 2027?

The programme is aimed at young South Africans who meet the stated eligibility requirements.

Applicants should:

• Be South African citizens.
• Be between 18 and 25 years old.
• Have completed Grade 12 or an equivalent qualification.
• Have English as a first or second language.
• Have Mathematics or Mathematical Literacy.
• Have proof of passing Matric in 2025 or earlier.
• Be available to start on 1 February 2027.
• Live in or close to the relevant programme location.
• Not have previously participated in a SETA-funded initiative.
• Not currently be participating in post-Matric studies.
• Not be formally employed.

Applicants should carefully check the official vacancy information before submitting an application because eligibility conditions and application requirements can change.

Matric Requirements for the Marsh Learnership

Applicants need proof that they successfully completed Matric in 2025 or an earlier year.

The supplied requirements indicate that candidates should have:

• English
• Mathematics or Mathematical Literacy

Applicants should ensure that their CV and supporting documentation accurately reflect their academic information.

Where certification of documents is requested, candidates should provide clear and valid copies according to the application instructions.

Skills You Can Develop Through the Programme

The combination of occupational learning and workplace exposure can help learners develop several transferable and industry-specific skills.

These may include:

Analytical thinking: Understanding information and considering potential risks is relevant to underwriting.

Communication: Professional communication is important when working with colleagues, clients and other stakeholders.

Administration: Insurance environments involve documentation, records and structured processes.

Risk awareness: Learners can develop an understanding of how businesses identify and manage different forms of risk.

Professional workplace behaviour: A structured workplace programme provides exposure to professional standards and expectations.

These skills may be useful when applying for future positions within insurance, financial services and related industries.

Career Opportunities After an Insurance Learnership

Completing an insurance learnership can provide a foundation for exploring different areas of the insurance sector.

Depending on qualifications, experience and available vacancies, possible career areas include underwriting, claims administration, broking, risk management, insurance sales, compliance and client service.

The qualification and workplace experience can also help candidates demonstrate that they have been exposed to a professional working environment.

However, learners should continue developing their skills and applying for suitable opportunities after completing the programme rather than assuming that completion will result in permanent employment.

Before Applying for the Marsh Learnership Programme 2027

Before applying, make sure you:

• Update your CV.
• Ensure your contact details are correct.
• Upload clear certified documents if requested.
• Double-check your academic information.
• Apply well before the closing date.
• Keep copies of your application confirmation.

Submitting an incomplete application may reduce your chances of being shortlisted.

Applicants should carefully read every requirement in the official vacancy before submitting their application. Make sure the documents are readable and that the information provided in the application matches the supporting documentation.

onlinelearnership Advice

If you qualify for this opportunity, do not wait until the final day to apply. Recruitment systems can experience heavy traffic close to the closing date, and last-minute technical problems could prevent an application from being submitted successfully.

Before applying, make sure your CV is updated, your academic records are ready, and your proof of residence is available if required. If you meet the eligibility requirements and need workplace exposure to develop your career, this programme could provide valuable practical experience alongside occupational learning.

Also continue applying for similar internships, learnerships and Work-Integrated Learning opportunities instead of relying on a single application.

For more employment, learnership, internship, bursary and career updates, applicants can also follow OnlineLearnership for regular opportunity information.

Frequently Asked Questions About the Marsh Learnership Programme 2027

What is the Marsh Learnership Programme 2027?

It is a 12-month workplace learning programme focused on insurance underwriting and risk management, with learners working towards an NQF Level 5 Occupational Certificate: Insurance Underwriter.

How long is the Marsh Learnership?

The programme is scheduled to run for 12 months on a fixed-term contract.

When does the Marsh Learnership start?

The stated start date is 1 February 2027.

How much is the Marsh learnership stipend?

The supplied information confirms that learners will receive a monthly stipend, but does not state the exact amount.

Where is the Marsh Learnership based?

The programme has opportunities in Durban and Sandton.

Is the Marsh Learnership fully remote?

No. The programme uses a hybrid arrangement, with learners expected to attend the office three days per week.

What qualification will learners work towards?

Successful learners will work towards an Occupational Certificate: Insurance Underwriter at NQF Level 5.

Who can apply?

The opportunity is aimed at eligible South African citizens aged 18 to 25 who meet the stated education and other programme requirements.

Does completing the learnership guarantee a permanent job?

No. Completion of the programme does not automatically guarantee permanent employment. Future opportunities depend on vacancies, qualifications, performance and employer requirements.