Old Mutual Actuarial Bursary Application for 2026/2027

Detailed Guide on Old Mutual Actuarial Bursary Application 2026/2027. Are you a South African student with a passion for mathematics, statistics, and financial risk management? The Old Mutual Actuarial Bursary Programme 2026/2027 is now open for applications, offering financial assistance to talented learners who wish to pursue studies in actuarial science and related fields. As one of South Africa’s leading financial services companies, Old Mutual is committed to developing the next generation of actuarial professionals who will play a critical role in shaping the country’s financial and insurance industries.

The Old Mutual Actuarial Bursary provides comprehensive support, which may include tuition fees, prescribed textbooks, accommodation, meals, and a living allowance. Bursary recipients also gain access to mentorship programmes, practical work experience, and professional development opportunities within Old Mutual. This bursary is particularly designed for students who demonstrate exceptional academic ability, strong analytical skills, and potential to succeed in the highly specialised field of actuarial science.

By applying for the Old Mutual Actuarial Bursary 2026/2027, students not only secure financial support for their studies but also unlock pathways to rewarding careers in actuarial consulting, insurance, risk management, and financial planning.

In addition, satrends.co.za offers a wide range of other bursary categories to suit your preference. Click on the links below to access other kinds of bursaries.

Universities in South Africa Bursaries Available for 2026

Government Departments Bursaries Available for 2026

Field of Studies Specified Bursaries Available for 2026

Keep reading to find out more about the eligibility criteria, fields of study covered, application process, and closing dates for the Old Mutual Actuarial Bursary Programme 2026/2027.

About Old Mutual

Founded in 1845 in Cape Town, South Africa, Old Mutual was the nation’s first mutual life insurance provider. Today, the company operates across banking, savings, investments, asset management, life assurance, and insurance, serving nearly 19 million customers across Africa, North and South America, Europe, and Asia.

Old Mutual comprises four key divisions:

Old Mutual Emerging Markets (OMEM)
Old Mutual Asset Management (OMAM)
Old Mutual Wealth (OMW)
Nedbank

The company is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE) and employs approximately 64,000 staff members worldwide.

About the Old Mutual Actuarial Bursary Programme 2026/2027

Fields of Study

The Old Mutual Actuarial Bursary is specifically for students pursuing Actuarial Science at selected South African universities, including:

University of Cape Town (UCT)
Stellenbosch University (SU)
University of Pretoria (UP)
University of the Witwatersrand (Wits)
University of the Free State (UFS)
North-West University (NWU)
University of Johannesburg (UJ)
University of KwaZulu-Natal (UKZN)

Old Mutual seeks dedicated, self-driven students with a passion for mathematics and problem-solving, ideal candidates are those who love challenges and aspire to become professional actuaries.

What the Bursary Covers – Financial Support & Career Opportunities

The bursary provides full support for the duration of the Actuarial Science degree, including:

Tuition fees
Prescribed textbooks and study materials
Meals and accommodation in residence
Return flights home if studying outside your hometown

In addition to funding, bursary recipients gain access to:

Mentorship from qualified actuaries
An in-house rotation programme for professional exposure
Guaranteed employment upon graduation for top-performing students
Incentives for academic excellence

What a Career in Actuarial Science Involves

Actuaries play a vital role in helping companies and individuals safeguard their financial futures. Their work includes:

Designing insurance and investment products
Calculating profits and losses for businesses
Projecting future company profits
Developing and monitoring investment strategies
Providing pension fund investment advice and forecasting returns

Eligibility Criteria for Old Mutual Actuarial Bursary Application 2026/2027

Applicants must meet the following minimum requirements:

South African citizenship
Completed Matric or currently in Matric
Acceptance or intention to study Actuarial Science at one of the listed universities
Minimum 80% in Mathematics (not Mathematics Literacy)
Minimum 60% in English HL or 70% in English FAL
Minimum 70% in all other subjects
Commitment to qualifying as an actuary and working for Old Mutual after graduation

Preferences: Students from under-represented groups, previously disadvantaged backgrounds, or those with financial need may receive priority consideration.

How to Apply for Old Mutual Actuarial Bursary 2026/2027

Applications must be submitted online via the Old Mutual Actuarial Science Bursary Application 2026 portal (Reference: JR-68601). Applicants must create an account before applying.

Required supporting documents:

Certified copy of ID
Latest Matric results or Matric certificate
Proof of acceptance or conditional acceptance at a university
Full academic transcript (if currently studying)
Completed bursary motivation form, including a non-time gamified assessment
NBT results (if applicable)
One-page CV

Failure to submit all documents may result in disqualification.

Selection Process

Shortlisted applicants will be contacted by 30 November for psychometric assessments.
Finalists will attend a selection day with interviews.
Successful candidates will receive a provisional offer, confirmed once final Matric results and proof of university acceptance are received.

Closing Date Old Mutual Actuarial Bursary Application 2026/2027

All applications must be submitted by 30 September. Late applications will not be considered.

Contact Details of Old Mutual

For queries about the bursary programme, contact Old Mutual’s Early Careers team:

Email: earlycareers@oldmutual.com