Actuarial Science Bursary

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

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.

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.

• South African citizen
• At least 80% in Mathematics
• 60% for English HL or 70% for English FAL
• 70% for all other subjects
• Applied to or studying at one of the following universities: North-West University, Stellenbosch University, University of Cape Town, University of Pretoria, University of the Free State, University of the Witwatersrand, University of Johannesburg, University of Kwa Zulu Natal - no longer ASSA accredited
• Committed to qualifying as an actuary and to work for Old Mutual after graduation

Applications must be submitted online at Download and complete the bursary motivation form, then complete the online application which includes a gamified assessment (not timed). You will be required to attach a one page CV.

Shortlisted candidates will be sent a link to complete psychometric assessments. Finalists will be invited to a virtual interview. Should 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.

• One page CV
• Bursary Motivation Form
• School Reports for Grade 10-12 term 1 results
• Matric Certificate (if applicable)
• University acceptance/conditional acceptance letter (if applicable)
• Full academic transcript (applicable to current university students only)
• ID copy

Parental/guardian consent is required if you are under 18. Preference will be given to candidates from under-represented designated groups, including candidates with disabilities. Preference will be given to candidates with a previously disadvantaged background or who demonstrate financial need. Incomplete applications will not be considered.

Applications close 30 May 2026. If you have not heard from us by 31 July 2026, please consider your application unsuccessful.

• Data analysis, data compilation, data controls, information management, numerical aptitude, planning and organisational skills, risk management competencies
• Action oriented, being resilient, builds networks, communicates effectively, ensures accountability, financial acumen, instills trust, manages complexity

High School (Grade 12)

Closing date 30 May 2026, 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.