Black students are underrepresented in the South African actuarial pipeline. That’s why promoting early awareness is crucial. Despite our efforts since 2003, there’s still a significant lack of awareness in South African schools, especially in township and rural areas.
We believe in engaging not only students but also parents and teachers in these areas. Join us in bridging this gap and empowering future actuaries!
PIPELINE DEVELOPMENT PROGRAMMES
SAADP aims to enhance the representation of Black and Coloured South African Actuaries in the profession by implementing a Pipeline Development Programme to attract a broader range of talent to the field.
Rolled out mainly in rural and township schools nationally, this initiative reaches hundreds of learners. SAADP officials visit schools through collaborations with like-minded entities to engage learners and assist them in applying to universities and or the SAADP support..
Organized for all school learners interested in STEM careers, webinars are conducted by the SAADP Alumni to provide a comprehensive overview of Actuarial Science. The purpose of the actuarial webinars is to expose learners early on and support senior learners in their career decision-making efforts.
Open to Grades 11 and 12 learners, job shadowing provides an opportunity for learners to spend a day or two with actuarial experts in person or virtually.
Through an interview setting, SAADP Alumni highlight their journeys, challenges, and achievements from high school to the profession. The aim is not only to inspire high school learners and current actuarial students but also to share actuarial exam tips with the not-yet-qualified actuarial graduates.
HOW TO PARTICIPATE?
To find out more about the Pipeline Development Programmes, send and email it to mthokozisi@saadp.co.za
Black learners who fulfill these general eligibility requirements are invited to submit applications for SAADP assistance.
The requirements
Presently, participating universities are Wits, UCT, and UP. Students from non-partner universities may also apply, but they must have applied and been accepted to study Actuarial Science at partner universities.
This funding opportunity is only open to students who want to study Actuarial Science or related degrees. Interested learners will need the following:
General application information
SAADP values privacy and recognizes that documentation may include personal information belonging to you or others. By submitting documents to us, you are allowing SAADP to process personal information in accordance with the Protection of Personal Information Act, 4 of 2013 (POPIA) and/or other relevant data protection laws and regulations.
Maths is key!
Having strong mathematics abilities can lead to a variety of exciting career opportunities. Mathematics is an essential component in most professions, although the specific applications may differ across various job roles. To learn more about where Maths can take you, please read ASSA Career Guidance Booklet.
Application form
To enrol as an Actuarial Science student in South Africa, you must meet admission criteria for accredited institutions offering Actuarial Science programmes, as outlined by the Actuarial Society of South Africa (ASSA), the governing body for the profession. Currently, there are seven (7) universities accredited by ASSA to offer Actuarial Science programmes in South Africa.
It is important to mention that each institution has different levels of accreditation with ASSA. To become a qualified Actuary, one must pass 15 Professional Board Exams (PBEs). Those who qualify are known as Fellows of ASSA and are permitted to use the designation ‘FASSA’ after their names. Some PBEs can be exempted if taken and passed at university. These are called Exemptions. Institutions have different numbers of accredited Exemptions. Contact an institution you are interested in to learn about their Actuarial Exemptions.
SAADP affiliated universities
Currently, Wits, UP, and UCT are the only participating universities. To be considered for SAADP support programmes, learners may only seek admission at these universities. Nevertheless, all ASSA-accredited universities will soon be part of SAADP.
Applying to university can be daunting, requiring you to make important decisions about your future career path. Alongside managing multiple deadlines, it’s crucial to explore financial support opportunities. Therefore, proactive planning and early application are key.
Early applications increase your chances of acceptance and securing a spot at a prestigious institution, while also providing priority for choosing residence. Most universities close applications as early as the end of May each year. To maximise your opportunities, start applying now. Click your preferred university logo below to begin.
17 Fricker Road
Illovo, Sandton
Johannesburg
2196
Copyright © 2025 SAADP | Powered by SAADP
