Old Mutual is inviting South African learners and university students to apply for the Actuarial Science Bursary Programme 2026.
This highly competitive bursary is designed for top-performing students who want to pursue a career in Actuarial Science. It provides full financial support during studies and offers one of the biggest advantages available in student funding — guaranteed employment with Old Mutual after graduation.
For learners strong in Mathematics and interested in finance, statistics, and problem-solving, this is an outstanding opportunity.
Quick Overview
- Bursary Name: Old Mutual Actuarial Science Bursary 2026
- Closing Date: 30 May 2026
- Study Location: Selected universities in South Africa
- Field of Study: Actuarial Science
- Funding Type: Full bursary
- Employer: Old Mutual
- Career Benefit: Guaranteed employment after graduation
About the Old Mutual Actuarial Science Bursary
The bursary supports students pursuing qualifications that lead to becoming professional actuaries.
Actuaries are highly skilled professionals who use mathematics, statistics, and financial theory to assess risk and support major business decisions.
This bursary helps students complete their studies while building a direct pathway into a respected career.
What the Bursary Covers
Successful applicants receive comprehensive financial support, including:
- Tuition fees
- University residence accommodation
- Meals
- Study materials
- Return flights home (for students studying away from home)
Students who perform exceptionally well may also receive additional incentives.
Additional Benefits
Beyond funding, bursary recipients may receive:
- Vacation work opportunities
- Networking with professionals
- Mentorship and guidance
- Personal development support
- Career preparation
- Guaranteed employment at Old Mutual after graduation
Universities Accepted
Applicants must study or plan to study at one of the following institutions:
- 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 – no longer ASSA accredited)
Eligibility Requirements
To qualify, applicants must:
- Be a South African citizen
- Achieve at least 80% in Mathematics
- Achieve either:
- 60% in English Home Language, or
- 70% in English First Additional Language
- Achieve 70% in all other subjects
- Be accepted or applying to one of the listed universities
- Be committed to qualifying as an actuary
- Be willing to work for Old Mutual after graduation
Application Process
Applicants are required to complete several steps:
- Apply online through the Old Mutual careers portal
- Download and complete the bursary motivation form
- Submit a one-page CV
- Complete a gamified assessment
- If shortlisted, complete psychometric assessments
- Attend a virtual interview
How to Apply
Click here to apply for Old Mutual Actuarial Science Bursary 2026
Enquiries: earlycareers@oldmutual.com
Required Documents
Prepare the following:
- One-page CV
- Completed bursary motivation form
- Grade 10 to Grade 12 results
- Matric certificate (if available)
- University acceptance letter (if available)
- Academic transcript (for current students)
- Certified copy of ID
Important Notes
- Preference may be given to students from disadvantaged backgrounds
- Persons with disabilities are encouraged to apply
- Applicants under 18 need parent or guardian consent
- Incomplete applications may not be considered
- If no response is received by 31 July 2026, consider the application unsuccessful
Why Apply?
Full Financial Support
Study without the burden of tuition and living costs.
Career Security
Guaranteed employment after graduation is a major advantage.
Top Industry Exposure
Join one of Africa’s leading financial services companies.
Professional Growth
Build a clear pathway to becoming a qualified actuary.
You can also Check:
Tips for a Strong Application
To improve your chances:
- Apply before the deadline
- Ensure marks meet minimum requirements
- Prepare a professional one-page CV
- Complete the motivation form carefully
- Practice for assessments and interviews
- Submit all documents clearly and correctly
Closing Date
30 May 2026
Late applications may not be accepted.
Final Note
If you excel in Mathematics and want a high-demand career in finance and risk analysis, the Old Mutual Actuarial Science Bursary 2026 could be one of the best opportunities available this year.
Mbalizuke Nkosi
Mbalizuke Nkosi is the editorial voice behind YouthScope.co.za, a South African youth-focused platform dedicated to sharing opportunities, education updates, and career development information. The editorial team focuses on producing clear, reliable, and easy-to-understand content for students, job seekers, and young professionals.
With a strong interest in youth empowerment, skills development, and access to opportunities, Youth Admin curates and publishes content covering learnerships, internships, bursaries, and study guides across South Africa.
The aim of Mbalizuke Nkosi is to simplify important information and make it accessible to young people who are building their future careers.