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 support during studies and leads into a professional career. Top performers get guaranteed employment at Old Mutual after graduation. The application deadline is 30 May 2026, and studies happen at selected 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. Exceptional students may earn extra incentives on top of this support.

Additional Benefits

Beyond money, the program builds your career from the start. You gain vacation work opportunities and networking with industry professionals. It offers personal and professional development, plus mentorship and career guidance. The guaranteed job at Old Mutual gives you security right after your degree.

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: no longer ASSA accredited)

Eligibility Criteria

To apply, meet these basic rules. You need South African citizenship. In school, aim for at least 80% in Mathematics, 60% in English Home Language or 70% in English First Additional Language, and 70% in all other subjects. Gain acceptance or apply to one of the listed universities. Show commitment to becoming an actuary and agree to work for Old Mutual after graduation. Preference goes to those from disadvantaged backgrounds or with disabilities.

Application Process

The steps keep things straightforward but thorough. First, apply online through the Old Mutual careers portal. Download and fill out the bursary motivation form. Submit a one-page CV and complete a gamified assessment. If shortlisted, do psychometric assessments. The final step is a virtual interview.

Required Documents

Gather these items for a complete 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 ID

Applicants under 18 need parental or guardian consent. Incomplete applications get rejected. If no feedback by 31 July 2026, assume it did not succeed.

How to Apply

Start your application on the Old Mutual site. Use this link: Click here to apply for Old Mutual Actuarial Science Bursary 2026. For questions, email [email protected].

Why Apply

This program gives full funding for studies and job security. You join one of Africa’s top financial services companies. It creates a clear path to qualify as an actuary with real-world support along the way.

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