Momentum Group Actuarial Science Bursary 2027: Study Finance and Gain Experience

Momentum Group Actuarial Science Bursary 2027: Study Finance and Gain Experience

Momentum Group is inviting current university students to apply for its Actuarial Science Youth Bursary Programme for the 2027 academic year. This opportunity is for high-performing students already studying an eligible Actuarial Science qualification who have completed their first year. Successful applicants will receive financial support for their studies and gain valuable experience through mentorship and vacation work.

Application Closing Date: 31 August 2026
Location: Accredited South African universities (Centurion, Sandton, Cape Town)
Programme Duration: Remainder of degree studies
Stipend: Financial support for tuition, textbooks, accommodation, meals, and travel
Minimum Qualification: Completed first year of an Actuarial Science degree with a 70% GPA

About the Momentum Group Actuarial Science Bursary

The Momentum Group Actuarial Science Youth Bursary Programme aims to support talented South African university students pursuing actuarial science. This bursary is designed for those who have already begun their actuarial studies and have demonstrated academic excellence. It provides financial assistance for tuition, textbooks, and other academic expenses, helping students focus on their studies without financial strain.

Beyond financial aid, the programme offers significant developmental opportunities. Recipients benefit from professional mentorship, gaining insights from experienced actuaries. They also get exposure to the financial services industry through vacation work and networking events, providing practical experience and a clearer understanding of the actuarial profession.

This bursary is specifically for students already enrolled in an accredited Actuarial Science qualification at a South African university. It is not for Grade 12 learners planning to start their first year in 2027. The programme seeks to nurture future actuarial professionals who will contribute to Momentum Group and the broader financial sector in South Africa.

About Momentum Group

Momentum Group is a leading South African financial services organisation. It offers a wide range of services including insurance, investments, retirement solutions, health, employee benefits, and financial planning. The company is committed to empowering individuals and businesses through sound financial advice and innovative products.

Through initiatives like the Actuarial Science Bursary Programme, Momentum Group actively invests in developing future talent. They aim to build a strong pipeline of skilled professionals for the actuarial and financial services sectors. This commitment reflects their dedication to supporting education and career growth within South Africa.

Available Bursary Opportunities

This bursary programme focuses on supporting students in specific actuarial science fields. Applicants must be enrolled in one of the following qualifications at an accredited South African university:

• Bachelor of Science in Actuarial Science
• Bachelor of Business Science in Actuarial Science
• Bachelor of Commerce in Actuarial Science
• Bachelor of Science in Actuarial and Financial Mathematics

Students pursuing qualifications outside these listed fields will not be considered for this bursary.

What the Bursary Offers

Successful bursary recipients can expect comprehensive support for their academic journey and professional development. The financial assistance covers various aspects of university study, helping to ease the burden on students and their families.

Benefits include:

• Annual university registration fees
• Full tuition fees
• Prescribed textbooks
• General academic expenses
• Accommodation, where applicable
• Meal allowances, where applicable
• Travel allowances, where applicable

In addition to financial aid, recipients gain valuable professional development opportunities:

• Professional mentorship from experienced actuaries
• Vacation work opportunities within Momentum Group
• Networking with industry professionals
• Exposure to Momentum Group’s operations
• Career-development support
• Practical insight into the actuarial profession

Programme Duration and Location

The bursary covers the remainder of the student’s degree studies, provided they meet the ongoing requirements. The programme is linked to accredited South African universities, with opportunities for vacation work and networking in Centurion, Sandton, and Cape Town. While the studies are university-based, the programme offers a remote element through some of the vacation work opportunities.

Minimum Requirements

To be eligible for the Momentum Group Actuarial Science Youth Bursary, applicants must meet the following criteria:

• Be a South African citizen.
• Be currently registered at an accredited South African university.
• Be studying an approved Actuarial Science qualification.
• Have successfully completed first-year actuarial studies.
• Achieve a minimum GPA of 70%.
• Not be receiving another bursary for the 2027 academic year.
• Be committed to completing the degree within the university’s prescribed period.
• Show interest in joining Momentum Group after graduation.

Competencies Required

Momentum Group looks for candidates who show a strong aptitude and passion for the actuarial profession. These personal qualities are as important as academic performance in ensuring a good fit with the company culture and the demands of the role.

Key competencies include:

• Passion for the actuarial profession
• Enthusiasm and commitment
• Strong written and verbal communication skills
• Problem-solving ability
• Good organisational skills
• Self-discipline and self-motivation
• Integrity and honesty
• Ability to meet deadlines
• Results-oriented behaviour
• Responsibility and accountability

Who Should Apply?

This bursary is ideal for high-achieving South African university students who are passionate about actuarial science and are looking for financial support to complete their studies. If you have successfully completed your first year of an actuarial degree with a strong academic record and are keen to build a career within a leading financial services organisation, this opportunity is for you. Applicants should also be interested in gaining practical experience through mentorship and vacation work.

Required Documents

Applicants must prepare and submit the following documents:

• A detailed and updated CV.
• A one-page motivation letter combined with the CV.
• A certified copy of the Matric certificate.
• Academic transcripts for all university years completed.
• A certified copy of the South African identity document (both sides).
• Any additional documents requested through the application system.

Ensure all submitted documents are clear and readable.

How to Apply

Applications for the Momentum Group Actuarial Science Bursary 2027 must be submitted online through the official Momentum Group bursary recruitment platform.

Click here to apply for the Momentum Group Actuarial Science Bursary 2027

Use the following details to identify the opportunity:
Bursary title: Actuarial Science Youth Bursary 2027
Reference number: MMH260513-2

Applicants should:

1. Access the official bursary application page.
2. Create or log in to an applicant profile.
3. Complete all required sections of the application form.
4. Upload the combined CV and motivation letter.
5. Upload the certified Matric certificate.
6. Upload academic transcripts for all completed university years.
7. Upload the certified identity document (both sides).
8. Carefully review all entered information and uploaded documents.
9. Submit the application before the closing date.

Important Notes

Only shortlisted candidates will be contacted. Late applications will not be considered. Applicants must ensure they meet all minimum requirements before applying. Incomplete applications may be disqualified. Certified copies of documents may be required. Applicants should apply well before the closing date to avoid last-minute issues. Continued bursary support is dependent on maintaining satisfactory academic progress and meeting progression requirements.

Closing Date

The closing date for applications is 31 August 2026. Applicants are advised to apply early to ensure all documents are prepared, certified, and uploaded correctly before the deadline.

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