Discovery Actuarial Science Bursary 2026

Opportunity Overview

Discovery offers actuarial-science bursaries to top-performing students, covering tuition, study materials and a living allowance, with vacation work and a graduate placement on completion.

This bursary is based in Sandton, Gauteng (Gauteng) and falls under the FASSET — Finance & Accounting Services, leading to a NQF Level 7 qualification. Funding is provided: Full bursary (tuition, accommodation & allowance).

Minimum Requirements

• Minimum qualification: Grade 12 / Matric
• South African citizen with a valid ID
• Strong academic record (see specific marks below)
• Accepted into / studying toward a relevant qualification
• Clear criminal record
• Grade 12 with 80%+ in Mathematics
• Accepted into an accredited Actuarial Science degree

Key Responsibilities

During this bursary you will:

• Maintaining excellent academic results in actuarial studies
• Completing actuarial board exemptions on schedule
• Participating in Discovery vacation work programmes
• Engaging with mentors and the graduate community
• Committing to a work-back period after graduation

Funding & Benefits

This is a full bursary. It typically covers tuition fees, prescribed study materials, accommodation and a meal/living allowance, plus access to vacation work and graduate-placement opportunities with Discovery.

How to Apply — Step by Step

• Check that you qualify against the minimum requirements above before applying.
• Prepare and certify your documents (not older than 3 months):
• Certified copy of your South African ID
• Certified copy of your highest qualification / latest results
• Updated CV (maximum 2 pages)
• Proof of university acceptance / registration
• A short motivational letter
• Submit your application using one of the methods below.
• Apply before the closing date: 28 November 2026. Late applications are not considered.

• Apply online: Visit www.discovery.co.za/careers/bursaries, search for "Actuarial Science Bursary 2026", and complete the online application form.

Beware of scams: A legitimate bursary will never ask you to pay a fee to apply or to "secure your place". If you are asked for money, it is a scam.

Only shortlisted candidates will be contacted. If you have not heard back within four weeks of the closing date, please consider your application unsuccessful for this round. Discovery is an equal-opportunity employer; preference may be given to candidates from designated groups in line with the Employment Equity Act.