Momentum
Faculty / fieldActuarial Science
Closing date2026-08-31
Introduction
For over 25 years, Momentum Group has made a strategic investment in the future of both the actuarial profession and the organisation by supporting top-achieving university students. Our bursary programme provides financial assistance to students who are already enrolled in university and are passionate about pursuing a career in Actuarial Science. It enables them to focus on their studies without the burden of financial stress related to tuition and academic expenses.
Disclaimer
As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
As a succesful recipient of our Actuarial Science Bursary Programme, you will recieve the following:
Annual registration and tuition fees
Textbook and general allowance
Accommodation and meal allowance (where applicable)
Travel allowance (where applicable)
Mentorship, vacation work and networking opportunities
Requirements
South African Citizen
Currently enrolled in any of the following qualifications at an accredited South African university:
BSc Actuarial Science
BBus Science Actuarial Science
BCom Actuarial Science
BSc Actuarial and Financial Mathematics
Successful completion of first-year actuarial studies is an important requirement
A minimum grade point average (GPA) of 70% or above
Not a recipient of any other bursary funding for the academic year that funding is applied for.
Please note, based on the criteria above, this bursary is therefore not open to Grade 12 learners intending to enroll for their first year studies in 2027.
NB: Please attach the following documents with your application:
Detailed CV including a 1-page motivation letter (upload as one document)
Certified copy of your matric certificate
Copy of your most recent academic transcripts (for all years of study)
Certified copy of South African ID (both sides included in copy)
Duties & Responsibilities
As a successful recipient of our Actuarial Science Bursary Programme, you will be required to achieve and submit the following:
Any documentation requested to be provided within 5 working days of request.
Complete the qualification in the time allocated by the University as per agreed timelines at the time the bursary was allocated.
Pass all subjects in any given academic year.
Meet the course entry requirements for the next academic year of the Actuarial degree.
Provide Momentum Group with copies of academic results/records for each semester within 5 working days of receipt from university.
Provide Momentum Group with copies of the tuition costs, accommodation and meal fees/expenses as well as proof of any other Bursary related expenses.
Graduate with a minimum of 4 Exemptions (excl. N111) by the end of the Actuarial degree.
Be committed to contribute positively to the Actuarial Profession and to join Momentum Group upon graduation.
Competencies
We are looking for students who demonstrate the following competencies:
Enthusiastic and passionate about the actuarial profession
Effective communication (written and verbal)
Problem-solving ability
Organised, self-disciplined and self-motivated
Strong sense of integrity and honesty
Deadline and results-oriented
Enquiries
farieda.khalfey@mmltd.co.za
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