Old Mutual: Actuarial Science Bursary 2023/2024 | How to Apply

Old Mutual: Actuarial Science Bursary Application 2023/2024, See How to apply for Old Mutual: Actuarial Science leadership program 2023/2024 here, requirements, eligibility, and application closing date 2023/2024.

bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university, or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into the study.

Old Mutual: Actuarial Science Bursary Opportunity 2023

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 a 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 monitor companies’ performances.

What do I need to qualify?

  • An  ‘A’ in Mathematics (not Maths literacy) and B’s 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
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Old Mutual supports you by offering:

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

Old Mutual: Actuarial Science Bursary Application Details 2023/2024 | How to Apply

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