At its core, SAADP is trying to shift what the actuarial profession looks like in South Africa. The industry has long been tough to break into – especially for Black and Coloured students – and the numbers still reflect that. SAADP’s work, which may seem straightforward on paper, ends up being a mix of targeted investment, patient partnership-building, and constant nudging of the student pipeline so that more young people can actually see themselves in this field. It’s not only about access, though. But it’s also about creating real opportunities for talented Black and Coloured learners to grow into actuarial professionals.
We introduce actuarial science to high-achieving learners nationwide, with a strong focus on rural and township schools. Through school visits, career talks, awareness campaigns as well as targeted development sessions, we help learners see a pathway into a profession that often feels out of reach – not due to a lack of ability, but because the route is not always visible or accessible.
SAADP provides comprehensive bursaries that cover tuition, accommodation, meals, books, and living allowances. In addition, we offer structured academic support, mentorship, psychosocial assistance, performance monitoring, and personal development workshops to help students stay on track throughout their studies and complete them in record time.
We work closely with leading South African universities to create enabling environments for actuarial students. Through programme managers stationed on campus, students receive personalised guidance, academic interventions, and continuous coaching.
Beyond university, we help our students transition into the professional world through leadership development, workplace readiness training, alumni networking, and strategic partnerships with industry. Our growing alumni network serves as a powerful community of support and inspiration for the next generation.
To empower disadvantaged Black and Coloured South African youth through a comprehensive, wraparound bursary programme, breaking socio-economic barriers, and nurturing the confidence to realise their potential.
At the heart of it, we are in the people development business, harnessing potential.
We nurture talent and develop future skills
We are an Integrator, a connector, and a convenor of the sector
Facilitate equitable access for Black Actuaries
Our purpose is to contribute to building a diverse and inclusive Actuarial Science Profession by promoting equitable opportunities for Black students and to nurture their potential for greatness in the world. Our actions are reinforced by these pillars:
Empowering Black students to reach their full potential by nurturing talent and supporting their educational journey.
Develop a profession that ensures equitable access and inclusive processes where anyone with potential and talent is welcomed.
Amplify the representation of Black students, to ensure they not only enter, but thrive within the Actuarial Science Profession.
Build a vibrant profession that leverages the strengths of all people and thrives from the inclusion of diverse perspectives.
Create a conducive Actuarial Science ecosystem that drives opportunities for Black students to succeed.
Create a resilient Actuarial Science Profession that promotes economic prosperity for individuals and the country.
Develop a sustainable skills development ecosystem that is responsive to the needs of Black students in the Actuarial Science space.
Empower young Black students with opportunities for self-empowerment and economic advancement.
Propel sustainable economic development of the country, enhancing livelihoods, and fostering social mobility for young people.
Champion diversity, inclusivity, and the delivery of a diverse workforce of Actuaries in the profession.
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