Ready to shape Africa’s financial future? The Old Mutual Graduate Programme 2026 is calling Honours students in Actuarial Science from ASSA-accredited universities. Based in Johannesburg, this full-time programme offers hands-on experience, mentorship, and a clear path to a rewarding actuarial career. Applications close 12 June 2025—don’t miss out!
What Is the Old Mutual Graduate Programme?
Old Mutual, a leading pan-African financial services group operating in 14 countries, is recruiting top talent for its 2026 Actuarial Graduate Programme. This 18-month initiative develops future actuarial leaders through real-world projects, structured learning, and mentorship, focusing on areas like product development, risk analysis, and financial reporting.
Visual Idea: Pair with a vibrant image of a young actuary analyzing data in a sleek Johannesburg office to grab attention on Discover.
What You’ll Do
As a graduate, you’ll:
- Perform actuarial calculations for loss reserves and assumptions
- Analyze data to provide business insights and recommendations
- Support financial reporting (statutory and non-statutory)
- Build and maintain actuarial models
- Research competitor products to drive innovation
- Assess risks and funding for benefit programs
- Ensure compliance with actuarial standards
Why Join?
- Competitive Stipend: Earn R5,000–R8,000/month while learning.
- Career Launch: Work with industry leaders at Old Mutual, with many graduates securing roles like actuarial analysts.
- Mentorship: Gain guidance from experienced actuaries and access professional networks.
- Inclusivity: Preference for underrepresented groups aligns with Old Mutual’s Employment Equity Plan.
- High Impact: Contribute to projects shaping financial solutions across Africa.
Pro Tip: Highlight your exemptions and analytical skills in your application to stand out.
Am I Eligible?
You qualify if you:
- Are enrolled in or completing a BSc Honours in Actuarial Science at an ASSA-accredited university (e.g., UCT, Wits, UP, Stellenbosch, UFS, NWU)
- Have a strong academic record with at least 5 actuarial exemptions
- Are a South African citizen
- Have no full-time work experience (academic modeling experience is a plus)
- Demonstrate strong numerical aptitude and communication skills
How to Apply
- Complete the Old Mutual application form and apply via Old Mutual’s careers page.
- Submit certified copies of your ID, academic transcripts, and a one-page CV.
- Complete a gamified assessment (untimed) during the application process.
- Shortlisted candidates will undergo psychometric tests, a TA interview, and a panel interview with actuarial leadership.
- Apply by 12 June 2025, 23:59 SAST.
Engagement Tip: Add a poll like “What’s your dream actuarial role? Product Development, Risk Analysis, or Financial Reporting?” to boost Discover interaction.
Where Can It Take You?
Join top-tier teams in Johannesburg, working on projects with global impact. Success stories include graduates becoming actuarial analysts or risk specialists within two years. With tech-driven actuarial roles trending in 2026, your skills will be in high demand across Africa’s financial sector.
Does It Work?
Old Mutual’s programme trains thousands annually, with a strong track record of placing graduates in permanent roles. Industry leaders praise its blend of practical experience and mentorship, ensuring you’re work-ready.
Act Now
With only 12 months until the 12 June 2025 deadline, update your CV and apply early—spots are limited. This is your chance to join a pan-African leader and build a thriving actuarial career.
Call-to-Action: Share this guide with a friend chasing an actuarial career—it could be their big break. Need application tips? Drop your questions below (e.g., “How do I highlight exemptions?”), and I’ll help you shine.
