Application Deadline: 31 October 2024

Applications are now open for the 2025 Old Mutual Bursary Actuarial Science Programme. Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.

Eligibility Criteria

To be eligible to apply you must meet the following requirements:

General:

• You must be a South African citizen
• You must have at least 80% in Mathematics, 60% for English HL or 70% for English FAL, 70% for all your other subjects.
• You must have applied/ be studying at either:
  • North-West University
  • Stellenbosch University
  • University of Cape Town
  • University of Pretoria
  • University of the Free-State
  • University of the Witwatersrand
  • University of Johannesburg
  • University of KwaZulu-Natal
• You must be committed to qualifying as an actuary and work for the company after graduation.

Benefits

• The bursary covers tuition, study materials, meals, accommodation in residence and return flights home (if studying outside of your hometown). You will receive financial support for the full duration of your degree and students who achieve excellent grades will receive more incentives.

The Application Process

• Applications must be submitted online at: www.oldmutual.co.za/careers/actuarial-bursary
• Download and complete the bursary motivation form then complete the online application which includes a gamified assessment (it is not timed). You will be required to attach a one-page CV.
• Shortlisted candidates will be sent a link to complete psychometric assessments.
• Finalists will be invited to a selection day where we will conduct interviews.
• Should you be selected after the interview you will receive a provisional offer which will be confirmed once we receive your final matric results and proof of acceptance at University for an Actuarial Science or Accounting Science programme.

Required Documentation (to be included in the application)

• One pager CV (click for advice)
• Bursary Motivation Form (click, download and complete the form)
• School Reports for Grade 10 – 12
• Matric Certificate (if applicable)
• University acceptance/conditional acceptance letter (if applicable)
• Full Academic Transcript (applicable to current University students only)
• ID Copy

For More Information:

Visit the Official Webpage of the Old Mutual Bursary Actuarial Science Programme