Call for Applications: Old Mutual Actuarial Science Bursary Programme 2027 for Young South Africans

Application Deadline: June 30, 2026

About the Bursary

For the 2027 Old Mutual Actuarial Science Bursary Programme, applications are now being accepted. To apply for the Old Mutual Bursary Programme, exceptional South African learners pursuing or interested in pursuing studies in Actuarial Science are invited. Comprehensive support during university to the day you qualify and beyond into a meaningful career at Old Mutual comes with the bursary programme. Opportunities for personal development, vacation work, networking, and guaranteed employment post-graduation are also offered by it. A leading African financial services group with a long history of investing in talent development is Old Mutual. One of the company’s flagship initiatives to build a pipeline of skilled actuaries who will lead the business into the future is the Actuarial Science Bursary Programme.

Eligibility Criteria

To be eligible to apply, the following requirements must be met:

General:

• A South African citizen is required
• At least 80% in Mathematics, 60% for English HL or 70% for English FAL, 70% for all your other subjects must be achieved
• Application to or study at one of the following universities is required:

• North-West University
• Stellenbosch University
• University of Cape Town
• University of Pretoria
• University of the Free-State
• University of the Witwatersrand
• University of Johannesburg
• Commitment to qualifying as an actuary and working for the company after graduation is required

Preference will be given to:

• Candidates from under-represented designated groups, including candidates with disabilities
• Candidates from previously disadvantaged backgrounds or those who demonstrate financial need

Bursary Benefits

• Tuition, study materials, meals, accommodation in residence, and return flights home (if studying outside of your hometown) are covered by the bursary
• For the full duration of your degree, financial support will be received
• Students who achieve excellent grades will receive more incentives
• Guaranteed employment post-graduation
• Personal development opportunities
• Vacation work experience
• Networking opportunities

Application Process

Step 1: Applications must be submitted online

Step 2: The bursary motivation form should be downloaded and completed, then the online application which includes a gamified assessment (it is not timed) should be completed. A one-page CV will be required to be attached.

Step 3: To complete psychometric assessments, shortlisted candidates will be sent a link.

Step 4: To a virtual interview, top 30 finalists will be invited.

Step 5: Should you be selected after the interview, a provisional offer will be received, which will be confirmed once your final matric results and proof of acceptance at University for an Actuarial Science or Accounting Science programme are received.

Required Documentation (to be included in the application)

• One-page CV
• Bursary Motivation Form (download and complete)
• 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

Important Notes

• If you are under 18, parental/guardian consent is required
• Incomplete applications will not be considered

Why This Bursary Matters

A highly specialized field with a rigorous qualification pathway is actuarial science. Typically, years of study and professional examinations beyond university are required to become a qualified actuary. For many talented students, the cost of education, study materials, and exam fees can be prohibitive. By providing comprehensive financial support for the full duration of the degree (tuition, study materials, meals, accommodation, flights), guaranteed employment post-graduation at one of Africa’s leading financial services groups, personal development, vacation work, and networking opportunities, and additional incentives for excellent academic performance, Old Mutual’s Actuarial Science Bursary Programme addresses these barriers. For South African learners with strong academic records (80%+ in Mathematics, 70%+ in other subjects) who are committed to becoming actuaries, a fully funded pathway to a meaningful career at Old Mutual is offered by this bursary.

For More Information: Visit the Official Old Mutual Actuarial Science Bursary Page