ABOUT
The South African Actuaries Development Programme (SAADP) was established in 2003 with the specific aim of developing black Actuaries of South African origin. The programme was established with the financial seed from Sasria SOC Ltd. At the time, there were approximately 500 practising actuaries in South Africa and just over 900 actuarial graduates. None of these were black South African citizens.
It was for this reason that the then Chairman of the Sasria SOC Ltd. the (now) Honourable President of the Republic of South Africa, Mr Cyril Ramaphosa saw the need for the development of black actuarial skills in South Africa to benefit the South African economy. This is the driving force behind the Programme.
Programme Overview
Programme awareness roadshows
We interact with schools to raise awareness about Actuarial Science and SAADP support programmes.
Students recruitment and selection
Learners that show keen interest and passion for Actuarial Science are targeted and encouraged to apply.
Academic/tutorial support
Extra tutorials are provided to our students in their smaller groups to help them succeed academically.
Psychosocial / counseling support
Individual and group counselling is provided to our students to help them cope psychologically.
Financial/funding support
Where possible, funding is provided to deserving students with poor economic backgrounds.
POWER TEAM: Graduates' support
Our graduates receive support to help them pass professional exams and convert them into Actuaries.
View our Support Programmes, Actuarial Handbook, and Company Profile
VISION
To spearhead efforts aimed at enabling and supporting young South Africans from disadvantaged backgrounds to become Actuaries and contribute to the economic development of South Africa.
Actuarial Science Awareness Roadshow for Schools
We invite all schools to register for the Actuarial Science Awareness Roadshow. The roadshow targets grade 9, 10, 11, and 12 learners that are academically talented in Mathematics, English, and Physical Sciences. If you have learners that achieve at least 80% in these subjects, register your school today, and we will be in touch.
