Old Mutual Actuarial Science Bursaries 2026: Full Funding and Job Guarantee

Old Mutual Actuarial Science Bursaries 2026 offer a strong chance for South African students to fund their studies in this field. These bursaries support high-achieving learners who aim to become actuaries. With full funding and job guarantees, they stand out as a top option for the right candidates.

Bursary Overview

Old Mutual runs this program to help South African learners and students pursue actuarial science. It provides full financial aid during studies and leads to work at the company after graduation. The closing date for applications is 30 May 2026, and studies take place at select universities in South Africa.

What the Bursary Covers

This bursary pays for key costs to let students focus on their work. It includes tuition fees, accommodation in residence, meals, and study materials. If you study far from home, it also covers return flights. Top performers can earn extra rewards.

Additional Benefits

Beyond money, the program builds your career. You get vacation work, chances to network with experts, and training for personal growth. Mentorship and career advice come standard. Best of all, Old Mutual guarantees a job after you graduate.

Eligible Universities

You must study or plan to study at one of these schools:

• University of Cape Town (UCT)
• University of Pretoria (UP)
• University of the Witwatersrand (Wits)
• University of Johannesburg (UJ)
• Stellenbosch University
• North-West University (NWU)
• University of the Free State (UFS)
• University of KwaZulu-Natal (UKZN)

Note that UKZN is no longer accredited by ASSA.

Eligibility Criteria

To apply, meet these rules:

• Hold South African citizenship.
• Score at least 80% in Mathematics.
• Get 60% in English Home Language or 70% in English First Additional Language.
• Achieve 70% in all other subjects.
• Gain acceptance or apply to one of the listed universities.
• Show commitment to becoming an actuary.
• Agree to work for Old Mutual after studies.

Application Process

Follow these steps to apply:

1. Go online to the Old Mutual careers portal.
2. Download and fill out the bursary motivation form.
3. Submit a one-page CV.
4. Complete a gamified assessment.
5. If selected, take psychometric tests.
6. Attend a virtual interview as the final step.

Required Documents

Gather these items for your application:

• One-page CV.
• Completed bursary motivation form.
• Grade 10-12 school reports.
• Matric certificate, if you have it.
• University acceptance letter, if available.
• Academic transcript, for current students.
• Certified copy of your ID.

Important Notes

The program favors applicants from disadvantaged backgrounds or with disabilities. Those under 18 need parental consent. Submit complete applications only, as others get rejected. Expect feedback by 31 July 2026, or your application did not succeed. For questions, email [email protected].

How to Apply

Start your application today. Click here to apply for Old Mutual Actuarial Science Bursary 2026.

Why Apply?

This bursary gives full study funding, job security, and entry into a top financial firm. It sets a direct path to actuary qualification in Africa.

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