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Old Mutual actuarial bursary South Africa 2018 – 2019
May 24, 2016 Accounting Bursaries

If you love numbers and think you have what it takes to be an actuary then we have an offer for you! Old Mutual offers Actuarial Science bursaries to study at the University of Cape Town or Stellenbosch University.

The Actuarial Bursary Programme offers you and other young South Africans the opportunity to develop an actuarial care. You get support from the day you matriculate, throughout your actuarial studies to qualification and beyond. Our Chief Executive Officer, Long-Term Savings, Paul Hanratty, began his journey as a bursary student.

Being an Actuary requires

  • Sacrifice, dedication and hard work
  • Proven numeracy skills (Mathematics)
  • Communication skills (English)
  • An appetite for challenge
  • Drive, energy and initiative
  • That special x-factor that proves you’re a cut above the rest!

The reward of being an Actuary

At the end of the journey you will join an elite, talented pool.
You will be recognised as a top-earning niche professional with specialised skills in risk management across a range of financial arenas – finance, fund management, investment product design, solution development and consulting, and retirement and risk planning – among others.

Just take a look at what the University of Cape Town and Stellenbosch University bursary covers:

  • All tuition.
  • Accommodation with meals.
  • General and book allowance.
  • Travel allowance (where applicable).
  • Incentives for good performance.
  • Academic and emotional support.
  • Good networking opportunities.
  • Vacation work from second year.

After your studies you can enjoy

  • Guaranteed employment after university.
  • One-on-one mentoring by an experienced qualified actuary.
  • In-house rotation programme exposing you to professional development across all areas.
  • Working with acknowledged industry-leading experts in different fields, shaping South Africa’s financial future!

What  you need to qualify

  • You need Mathematics with a strong A-plus result and A’s and B’s for the rest of your matric subjects.
  • Preference will be given to Black South African learners i.e. African, Coloured, Indian and Chinese learners that are South African citizens by birth or descent (as per the definition of Black designated groups in the Employment Equity Act).

How to apply

Applications close on May 2018.

Click here to apply online

For more information, contact Banele Dondolo at 021 509 2656 or Mambuyisa Rapiya at 021 504 7285. Email or


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