Old Mutual Actuarial Science Bursaries 2026 offer a top chance for South African students to fund their studies and launch a career in actuarial science. This program from Old Mutual provides full support for high-achieving learners aiming to qualify as actuaries. With applications open until 30 May 2026, it’s time to check if you qualify for this path to guaranteed employment.
Bursary Overview
The Old Mutual Actuarial Science Bursaries 2026 target South African learners and students pursuing actuarial science at selected universities. This funding stands out for its full financial coverage during studies and ongoing support into your career. Graduates receive guaranteed employment at Old Mutual, making it a secure choice for future actuaries.
What the Bursary Covers
This bursary pays for key study costs to let you focus on your education. It includes tuition fees, accommodation in residence, meals, and study materials. If you study far from home, it also covers return flights. Top performers can earn extra incentives on top of this support.
Additional Benefits
Beyond funding, the program builds your career from the start. You get vacation work opportunities to gain real experience. Networking with industry professionals helps you connect early. Mentorship, career guidance, and personal development round out the package, all leading to that job at Old Mutual after graduation.
Eligible Universities
You must study or plan to study at one of these approved schools for the Old Mutual Actuarial Science Bursaries 2026:
- University of Cape Town (UCT)
- University of Pretoria (UP)
- University of the Witwatersrand (Wits)
- University of Johannesburg (UJ)
- Stellenbosch University
- North-West University (NWU)
- University of the Free State (UFS)
- University of KwaZulu-Natal (UKZN, note: no longer ASSA accredited)
Eligibility Criteria
To apply, meet these basic requirements. You need South African citizenship. In school reports, aim for at least 80% in Mathematics, 60% in English Home Language or 70% in English First Additional Language, and 70% in all other subjects. Acceptance or application to a listed university is key, plus a commitment to become an actuary and work for Old Mutual post-graduation.
Application Process
The steps are straightforward but require care. Start by applying online through the Old Mutual careers portal. Download and fill out the bursary motivation form, then submit a one-page CV. Next comes a gamified assessment. Shortlisted candidates take psychometric tests and attend a virtual interview as the final step.
Required Documents
Gather these items for a complete application:
- One-page CV
- Completed bursary motivation form
- Grade 10-12 school reports
- Matric certificate (if you have it)
- University acceptance letter (if available)
- Academic transcript (for current students)
- Certified copy of ID
Important Notes
Old Mutual gives preference to applicants from disadvantaged backgrounds and those with disabilities. If under 18, get parental or guardian consent. Submit everything complete, or your application will not move forward. Expect feedback by 31 July 2026; no word by then means it’s unsuccessful.
How to Apply
Ready to apply for the Old Mutual Actuarial Science Bursaries 2026? Click here to start. For questions, email [email protected]. This opportunity brings full funding, job security, and a clear road to actuarial success at a major financial company.
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