SA Bursaries

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 Mutual’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 companies’ profit and loss
  • Project future profits and monitoring companies’ 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 Africa’s future with industry leaders

How to apply

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

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