The Old Mutual Actuarial Bursary Programme 2027 is now open for applications. If you are an exceptional South African learner pursuing or interested in pursuing studies and a career in Actuarial Science, this opportunity could change your life. Old Mutual is a firm believer in the African opportunity, and our diverse talent reflects this. The bursary programme comes with comprehensive support during university, from the day you qualify and beyond into a meaningful career at Old Mutual. In this article, we will explain everything you need to know about the Old Mutual Actuarial Bursary Programme 2027: who qualifies, what the bursary covers, which universities are accredited, and how to apply before the closing date.
About Old Mutual
Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 12 countries.
Old Mutual’s purpose is to help customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. The Old Mutual Actuarial Bursary Programme 2027 is part of this commitment to developing future actuarial leaders.
Organisation: Old Mutual Limited • Presence: 12 countries across Africa • Focus: Actuarial Science • Academic Year: 2027
What Does the Old Mutual Actuarial Bursary Programme 2027 Cover?
The Old Mutual Actuarial Bursary Programme 2027 offers comprehensive financial support including:
- Tuition fees – Your full registration and tuition costs are covered
- Study materials – All required books and learning resources
- Meals – Daily meals during your studies
- Accommodation in residence – A safe place to stay on campus
- Return flights home – If you are studying outside of your hometown
You will receive financial support for the full duration of your degree. Students who achieve excellent grades will receive more incentives. The Old Mutual Actuarial Bursary Programme 2027 also offers opportunities for personal development, vacation work, networking, and guaranteed employment post-graduation.
Eligibility Criteria for the Old Mutual Actuarial Bursary Programme 2027
Before you apply for the Old Mutual Actuarial Bursary Programme 2027, check that you meet all the requirements below. If you miss any requirement, your application will not be considered.
- You must be a South African citizen
- You must have an A in Mathematics (Not Maths Literacy)
- You must have a B in all subjects you did in Matric
- You must have acceptance from one of the accredited tertiary institutions listed below
Accredited Universities
To be eligible for the Old Mutual Actuarial Bursary Programme 2027, you must study at one of the following accredited tertiary institutions:
- North-West University
- University of Cape Town
- University of Stellenbosch
- University of Pretoria
- University of the Witwatersrand
- University of Free State
- University of Johannesburg
- University of KwaZulu Natal
Required Documentation
To apply for the Old Mutual Actuarial Bursary Programme 2027, you will need to submit the following documents:
- One-page CV (click for advice on writing a CV)
- Completed Bursary Motivation Form
- School Reports for Grade 10 – 12
- Matric Certificate (if applicable)
- University acceptance or conditional acceptance letter (if applicable)
- Full Academic Transcript (applicable to current university students only)
- Certified copy of your ID
The Application Process
- Applications must be submitted online at the Old Mutual careers portal
- Download and complete the bursary motivation form
- Complete the online application which includes a gamified assessment (it is not timed)
- You will be required to attach a one-page CV
- Shortlisted candidates will be sent a link to complete psychometric assessments
- Finalists will be invited to a selection day where interviews will be conducted
- If selected after the interview, you will receive a provisional offer which will be confirmed once we receive your final Matric results and proof of acceptance at university for an Actuarial Science programme
How to Apply for the Old Mutual Actuarial Bursary Programme 2027
Follow these steps to submit your application for the Old Mutual Actuarial Bursary Programme 2027. Applications are submitted online.
Step 1: Check Your Eligibility
Make sure you meet all the eligibility requirements listed above, including having an A for Mathematics and B in all other subjects in Matric.
Step 2: Download the Bursary Motivation Form
Download and complete the bursary motivation form before starting your online application.
Step 3: Prepare Your Documents
Gather all the required documents listed above, including your one-page CV, school reports, ID copy, and any university acceptance letters.
Step 4: Complete the Online Application
Click the button below to go to the official Old Mutual application portal. Fill in all required fields carefully, complete the gamified assessment, and upload your documents.
Direct application link: https://www.oldmutual.co.za/careers/actuarial-bursary/
Step 5: Submit Before the Deadline
⏰ Closing Date for the Old Mutual Actuarial Bursary Programme 2027: 30 May 2026. Applications submitted after this date will not be accepted.
Contact Information
If you have any queries about the Old Mutual Actuarial Bursary Programme 2027, please contact the Old Mutual Early Careers team:
- Email: earlycareers@oldmutual.com
Old Mutual Actuarial Bursary Programme 2027 – Quick Summary
- Organisation: Old Mutual Limited
- Bursary Name: Old Mutual Actuarial Bursary Programme
- Academic Year: 2027
- Who can apply: South African citizens pursuing Actuarial Science
- Minimum Mathematics requirement: A (Not Maths Literacy)
- Minimum other subjects requirement: B in all subjects
- What is covered: Tuition, study materials, meals, accommodation, return flights home
- Additional benefits: Personal development, vacation work, networking, guaranteed employment after graduation
- Accredited universities: North-West University, UCT, Stellenbosch, UP, Wits, UFS, UJ, UKZN
- Application method: Online via Old Mutual careers portal
- Closing date: 30 May 2026
Frequently Asked Questions About the Old Mutual Actuarial Bursary Programme 2027
1. Can I apply if I have Maths Literacy?
No. The Old Mutual Actuarial Bursary Programme 2027 requires an A in pure Mathematics. Maths Literacy is not accepted for Actuarial Science studies.
2. What if I have a B+ or A- in some subjects?
The requirement for the Old Mutual Actuarial Bursary Programme 2027 is a B in all subjects you did in Matric. This means you need at least 70% for every subject. A+ or A are also acceptable.
3. Can I apply if I am already at university?
Yes. The Old Mutual Actuarial Bursary Programme 2027 is open to current university students as well. You will need to submit your full academic transcript along with your application.
4. Does the bursary cover postgraduate studies?
The Old Mutual Actuarial Bursary Programme 2027 provides financial support for the full duration of your Actuarial Science degree, which typically includes the honours level as part of the professional pathway.
5. What is the gamified assessment?
The gamified assessment is part of the online application for the Old Mutual Actuarial Bursary Programme 2027. It is not timed and helps Old Mutual assess your cognitive abilities and problem-solving skills in an engaging, game-like format.
6. What happens on selection day?
Finalists for the Old Mutual Actuarial Bursary Programme 2027 will be invited to a selection day where Old Mutual conducts interviews. This is your opportunity to showcase your personality, motivation, and fit for the programme.
7. What is the difference between this and the CA bursary?
The Old Mutual Actuarial Bursary Programme 2027 is specifically for students pursuing Actuarial Science, while the CA bursary is for Chartered Accounting students. Both offer similar benefits, but the academic requirements and career paths are different.
8. Where can I find more actuarial bursaries in South Africa?
Visit EduFunds actuarial bursaries page for more funding opportunities for future actuaries.
Looking for more study funding? Explore all bursaries for 2027 on EduFunds.co.za
Old Mutual Limited
Actuarial Bursary Programme 2027
Helping customers thrive • Creating positive futures • Developing actuarial leaders