Old Mutual Actuarial Science Bursary 2027 Applications Now Open
South African learners and university students with exceptional mathematics results now have an exciting opportunity to pursue a career in one of the country’s most sought after professions.
The Old Mutual Actuarial Science Bursary 2027 is officially open for applications. This prestigious bursary programme provides comprehensive financial support, professional development opportunities, vacation work experience, networking opportunities, and guaranteed employment upon successful completion of studies.
For aspiring actuaries, the Old Mutual Actuarial Science Bursary 2027 offers a clear pathway from university to a rewarding professional career in the financial services sector.
About the Old Mutual Actuarial Science Bursary 2027
Old Mutual is inviting outstanding South African students who are interested in pursuing or currently studying Actuarial Science to apply for its highly competitive bursary programme.
The bursary is designed to support talented young people throughout their academic journey while preparing them for future careers within Old Mutual. Successful bursars receive financial support from university studies through to qualification and beyond.
In addition to funding, students benefit from personal development initiatives, industry exposure, networking opportunities, and practical workplace experience through vacation work programmes.
What the Bursary Covers
The bursary provides extensive support to ensure students can focus fully on their studies.
Benefits include:
- Full tuition fees
- Study materials
- Accommodation in residence
- Meals
- Return travel home if studying away from home
- Financial support throughout the duration of the degree
- Additional incentives for excellent academic performance
- Vacation work opportunities
- Professional development programmes
- Networking opportunities
- Guaranteed employment after graduation
This makes the programme one of the most comprehensive actuarial bursaries available in South Africa.
Who Can Apply?
To qualify for the bursary, applicants must meet the following requirements:
General Requirements
- Must be a South African citizen
- Must be committed to qualifying as an actuary
- Must be willing to work for Old Mutual after graduation
Academic Requirements
Applicants should have:
- At least 80% in Mathematics
- At least 60% in English Home Language or 70% in English First Additional Language
- At least 70% in all other subjects
University Requirements
Applicants must have applied to or be studying at one of the following universities:
- North-West University
- Stellenbosch University
- University of Cape Town
- University of Pretoria
- University of the Free State
- University of the Witwatersrand
- University of Johannesburg
Required Documents
Applicants will need to submit the following documents:
- One-page CV
- Completed bursary motivation form
- Grade 10 to Grade 12 Term 1 school results
- Matric certificate if applicable
- University acceptance or conditional acceptance letter if applicable
- Full academic transcript for current university students
- Certified copy of South African ID
Incomplete applications may not be considered.
Why Choose a Career in Actuarial Science?
Actuarial Science is one of the most respected and highly rewarding professions globally. Actuaries use mathematics, statistics, and financial theory to assess risk and help organisations make informed decisions.
Career opportunities include:
- Insurance
- Investments
- Banking
- Risk management
- Consulting
- Financial planning
Qualified actuaries are among the highest earning professionals in South Africa and internationally.
Selection Process
The application process includes several stages:
- Submit an online application.
- Complete the bursary motivation form.
- Participate in a gamified assessment.
- Submit the required supporting documents.
- Complete psychometric assessments if shortlisted.
- Attend a virtual interview if selected as a finalist.
Top candidates may receive provisional offers subject to final matric results and university acceptance.
How To Apply
Interested candidates can submit their applications online through the official Old Mutual bursary portal.
Applicants are encouraged to prepare all required documentation before starting the online application process.
Important Dates
- Applications Open: Currently Open
- Closing Date: 30 June 2026
- Feedback Deadline: 31 July 2026
Candidates who do not receive feedback by 31 July 2026 should consider their applications unsuccessful.
Additional Notes
Applicants should be aware that:
- Parental or guardian consent is required for applicants under 18 years old.
- Preference may be given to candidates from underrepresented designated groups, including persons with disabilities.
- Preference may also be given to applicants from previously disadvantaged backgrounds or those demonstrating financial need.
- Employment Equity principles will apply throughout the selection process.
Final Thoughts
The Old Mutual Actuarial Science Bursary 2027 is an exceptional opportunity for talented South African students who excel in mathematics and aspire to build a successful career in Actuarial Science.
With full financial support, professional development opportunities, vacation work experience, and guaranteed employment after graduation, this bursary provides everything ambitious students need to thrive academically and professionally. If you meet the requirements, this is an opportunity worth pursuing.