Old Mutual: Actuarial Bursaries 2022

Old Mutual invites students to apply for Actuarial Bursaries Programme 2022 academic year.

Bursary Application closing date  is 31 August 2021

Old Mutualโ€™s actuarial bursaries come with support from the day you matriculate, to the day you qualify and beyond. So, if you are passionate about maths, with superior appetite for a challenge and possess that special x-factor that proves you are a cut above the rest, then you are just the person we are looking for.

What is Actuarial Science and What does an Actuary actually do?

An actuary is a financial problem solver and their work allows companies and individuals to safeguard their financial future. 

Typical areas of work include:

  • Designing insurance and investment products 
  • Consulting to pension funds to provide investment advice and forecast possible investment return
  • Calculate companiesโ€™ profit and loss
  • Project future profits and monitoring companiesโ€™ performances.

What do I need to qualify?

  • An A in Mathematics (not Maths literacy) and Bs for all your other subjects
  • Must study at either the University of Cape Town, the University of Stellenbosch, the University of the Witwatersrand or the University of Pretoria

The bursary covers

  • Tuition fees
  • Accommodation with meals
  • Travel and book allowance
  • Incentives for good performance
  • Academic and emotional support
  • Good networking opportunities
  • Vacation work from your second year

Old Mutual supports you by offering:

  • Guaranteed employment after university
  • One-on-one mentoring by an experienced, qualified actuary
  • An in-house rotation programme exposing you to professional development across all areas
  • The opportunity to shape South Africaโ€™s future with industry leaders

How to apply

Apply online at: https://oldmutual.hazie.co.za

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