Actuarial Science Bursary, Johannesburg

Description

Exceptional South African learners pursuing or interested in pursuing studies in Actuarial Science are invited to apply for the Old Mutual Bursary Programme.
The bursary programme comes with comprehensive support during university to the day you qualify and beyond into a meaningful career at Old Mutual. It also offers opportunities for personal development, vacation work, networking, and guaranteed employment post-graduation.

Old Mutual Actuarial Bursary Programme

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.

Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.

What the bursary covers

The bursary covers tuition, study materials, meals, accommodation in residence and return flights home (if studying outside of your hometown). You will receive financial support for the full duration of your degree and students who achieve excellent grades will receive more incentives.

Eligibility Criteria

To be eligible to apply you must meet the following requirements:

General:

You must be a South African citizenYou must have at least 80% in Mathematics, 60% for English HL or 70% for English FAL, 70% for all your other subjectsYou must have applied/ be studying at either:North-West UniversityStellenbosch UniversityUniversity of Cape TownUniversity of PretoriaUniversity of the Free-StateUniversity of the WitwatersrandUniversity of Johannesburg

You must be committed to qualifying as an actuary and work for the company after graduation.

The Application Process

Applications must be submitted online at: then complete the online application which includes a gamified assessment (it is not timed). You will be required to attach a.Shortlisted candidates will be sent a link to complete psychometric assessments. Top 30 finalistFinalists will be invited to a virtual interviewShould you be selected after the interview you will receive a provisional offer which will be confirmed once we receive your final matric results and proof of acceptance at University for an Actuarial Science or Accounting Science programme.

Required Documentation (to be included in the application)

School Reports for Grade 10 – 12 term 1 ResultsMatric Certificate (if applicable)University acceptance/conditional acceptance letter (if applicable)Full Academic Transcript (applicable to current University students only)ID Copy

Important Notes

If you have not heard from us by 31 July 2026, please consider your application unsuccessful. For any queries, contact the Old Mutual Early Careers team by emailing

Skills

Data Analysis, Data Compilation, Data Controls, Information Management, Numerical Aptitude, Planning and organisational skills, Risk Management

Competencies

Action OrientedBeing ResilientBuilds NetworksCommunicates EffectivelyEnsures AccountabilityFinancial AcumenInstills TrustManages Complexity

Education

High School (Grade 12)

Closing Date

30 June 2026 , 23:59