Old Mutual Actuarial Science Bursaries 2026: Full Funding and Job Guarantee

Old Mutual Actuarial Science Bursaries 2026 offer a strong chance for South African students to fund their studies in this field. These bursaries support high-achieving learners who aim to become actuaries. Actuaries use math and stats to assess risks in finance and insurance.

Bursary Overview

Old Mutual runs this program to help students pursue actuarial science degrees. It provides full financial aid during studies and leads to a job at the company after graduation. The bursary targets South African citizens at select universities.

What the Bursary Covers

This funding pays for key student costs. It includes tuition fees, residence accommodation, meals, and study materials. If you study far from home, it also covers return flights.

Top students can earn extra rewards based on their performance.

Additional Benefits

Beyond money, the program offers real-world experience. You get vacation work, networking with experts, and mentorship. It includes career guidance and personal growth sessions. Best of all, Old Mutual guarantees a job once you finish your degree.

Eligible Universities

You must study or plan to study at one of these schools:

• 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 that UKZN is no longer accredited by ASSA for this field.

Eligibility Criteria

To apply, meet these rules:

• Hold South African citizenship.
• Score at least 80% in Mathematics.
• Get 60% in English Home Language or 70% in English First Additional Language.
• Achieve 70% in all other subjects.
• Gain acceptance or apply to one of the listed universities.
• Show commitment to becoming an actuary.
• Agree to work for Old Mutual after graduation.

Application Process

Follow these steps to apply:

1. Go to the Old Mutual careers portal and submit online.
2. Download and fill out the bursary motivation form.
3. Send a one-page CV.
4. Complete a gamified assessment.
5. If selected, take psychometric tests.
6. Attend a virtual interview as the final step.

Required Documents

Upload these items with your application:

• One-page CV.
• Completed motivation form.
• Grade 10 to 12 school reports.
• Matric certificate, if you have it.
• University acceptance letter, if available.
• Academic transcript, for current students.
• Certified ID copy.

Important Notes

The program favors applicants from disadvantaged backgrounds or with disabilities. Those under 18 need parental consent. Submit complete applications only, as incomplete ones get rejected. Expect feedback by 31 July 2026, or your application did not succeed.

How to Apply

Applications close on 30 May 2026. Start at selected universities in South Africa. Click here to apply for Old Mutual Actuarial Science Bursary 2026. For questions, email [email protected].

Why Apply

This bursary funds your full education and secures your future. You join a top African financial firm with a direct path to actuary status. It builds skills through work, networks, and guidance right from school.

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