Old Mutual Actuarial Bursaries - Jobs in South Africa

Old Mutual Actuarial Bursaries

Posted on :

30 May, 2011

Category :

Bursaries in South Africa

Old Mutual (South Africa) is the largest and most well-established financial services provider in Southern Africa. Our prominent position in the industry is reflected in our strong operating performance across all our businesses, our good balance sheet position, strong financial flexibility with demonstrated access to international capital markets and diversity of business. If you love numbers and think you have what it takes to be an actuary then we have an offer for you!

Take a minute and ask yourself a few questions:

  • Are you dedicated and self-driven?
  • Are you a maths whiz?
  • Do you have good communication skills?
  • Do you like a challenge?
  • Do you have that x-factor that sets you apart from all others?

If you answered “Yes” to the questions then you’re half way to becoming a recognised top-earning professional! The other half requires hard work and dedication.

The Actuarial Bursary Programme offers you and other young South Africans the opportunity to develop an actuarial career.

What you get

Just take a look at what the bursary covers:

  • All tuition.
  • Accommodation with meals.
  • General and book allowance.
  • Travel allowance (where applicable).
  • Incentives for good performance.
  • Academic and emotional support.
  • Good networking opportunities.
  • Vacation work from second year.

Post Graduation

After your studies you can enjoy:

  • Guaranteed employment after university.
  • One-on-one mentoring by an experienced qualified actuary.
  • In-house rotation programme exposing you to professional development across all areas.
  • Further study opportunities and support may be possible.
  • Working with acknowledged industry-leading experts in different fields, shaping South Africa’s financial future!

What you need to qualify

You need Mathematics with a strong A-plus result and A’s and B’s for the rest of your matric subjects.


Actuarial Bursary Application Form (85kb pdf).

Preference will be given to South African black learners i.e. Africans, Coloureds and Indians (in terms of the Employment Equity Act). Please ensure that the application is completed in your own writing.

Additional Documentation

Send certified copies of:

  • Your identity document.
  • Your results.

Useful information:

  • Read through the requirements carefully.
  • The Application deadline is 30 July.
  • If your results are not available please send your application form in indicating that your results will follow as soon as they are available.
  • Provide valid contact details.
  • Sections 8 and 9 need to be completed by your school principal.
  • Don’t forget to attach your biography and essay to your application form.


The Coordinator Actuarial Bursary Applications

Actuarial Resource Development (2M)
Old Mutual
Po Box 66
Cape Town

Only applications submitted directly to this office will be considered (i.e. please do not deliver your applications to branches or submit via a financial adviser).

Submissions will be shortlisted and those candidates will be interviewed.

Selection Process

If you do not hear from us it is your responsibility to contact the Bursary Office.


Tel: +27 (0)21 509 4861/504 7285.

Comment on this Job

Jobs in South Africa | SA Jobs | Companies | Jobs in SA

Like Us: