Applications are open for the Old Mutual 2025 Actuarial Science Bursary Program for South African Students. Apply Below:
When is the Application Deadline:
The application deadline for the Old Mutual 2025 Actuarial Science Bursary Program for South African Students is 31 October 2024.
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Table of Contents
Tell Me About The Old Mutual 2025 Actuarial Science Bursary Program:
The Old Mutual Actuarial Bursary Program is for exceptional South African learners who are pursuing or have an interest in studying Actuarial Science. Offered by Old Mutual Limited (OML), a leading African financial services group, the program aims to support students through comprehensive assistance during their university studies and beyond. Beneficiaries of the bursary will receive valuable personal development opportunities, vacation work experience, and guaranteed employment with Old Mutual after graduation. This initiative reflects OML’s commitment to helping customers thrive while positively impacting communities and ensuring a sustainable future.
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Which Fields are Eligible?
Actuarial Science
Type:
Bursary
Who can Apply For The Old Mutual 2025 Actuarial Science Bursary Program?
Also, to be eligible to apply you must meet the following requirements:
General:
- You must be a South African citizen
- You must have at least 80% in Mathematics, 60% for English HL 70% for English FAL, and 70% for all your other subjects.
- You must have applied/ be studying at either:
- 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 KwaZulu-Natal
- You must be committed to qualifying as an actuary and work for the company after graduation.
Required Documents:
Applicants are also to submit the following:
- One pager CV (click for advice)
- Bursary Motivation Form (click, download and complete the form)
- School Reports for Grades 10 – 12
- Matric Certificate (if applicable)
- University acceptance/conditional acceptance letter (if applicable)
- Full Academic Transcript (applicable to current University students only)
- ID Copy
Which Countries Are Eligible?
South Africa
Where will the Award be Taken?
South Africa
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How Many Awards?
Not specified
What is the Benefit of the Award?
Furthermore, the benefits include:
- Covers tuition and study materials for the duration of the degree.
- Provides funding for meals and accommodation in residence.
- Includes return flights home if studying outside of your hometown.
- Offers comprehensive support from university through to qualification and into a career at Old Mutual.
- Provides opportunities for personal development and vacation work.
- Guarantees employment with Old Mutual post-graduation.
- Offers additional incentives for students who achieve excellent grades.
How Long Will the Award Last?
Duration of program
How to Apply:
- Applications must be submitted online at: www.oldmutual.co.za/careers/actuarial-bursary
- Download and complete the bursary motivation form then complete the online application which includes a gamified assessment (it is not timed). You are to attach a one-page CV.
- Shortlisted candidates will be sent a link to complete psychometric assessments.
- Finalists will come to a selection day where we will conduct interviews.
- 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 the University for an Actuarial Science or Accounting Science programme.
Visit the Award Webpage for Details
