Liberty Bursary 2025

Liberty Bursary 2024 – Apply On Today

Liberty has relased Bursary Programme Application 2024. Those candidates who are interested in this Liberty Bursary Programme 2024 can apply online. Read the notification for programme eligibility, post information, selection procedure, pay scale and all other information. All Required Details For Bursary Are Given Below. All Are Advised To Go Through All Information, Properly And Apply For a Bursary If Eligible.

LibertyLiberty

South Africa| Insurance, Investments and Financial Planning | Last Update: 17 Aug 2024
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List of Liberty Bursary 2024: Available Now

Liberty Bursary South Africa 2025

Company: Liberty Group Limited

Liberty offers Actuarial Science bursaries to full-time students from their second year. A Liberty bursary covers tuition; accommodation, meals and a travel allowance (where applicable); support; networking opportunities and vacation work. You will be guaranteed employment once you have completed your studies at university.  
  • Maintain continuous excellent academic performance in all modules in first year of study;
  • Maintain an overall average above 60% and average 65% or more for mathematical and actuarial modules;
  • Good leadership qualities and participation in extramural activities such as sports, debating societies, chess clubs and various olympiads, etc. is an added advantage; and
  • South African citizen by birth or descent.

Purpose

To provide specialist actuarial support that enables sound commercial advice through the application of probability & investment theory and related statistical tools and the execution of predefined objectives as per agreed SOP’s.

Minimum Experience

0 – 1 year experience in a similar environment

Minimum Qualifications

Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Mathematical Sciences

Additional Minimum Qualifications

Actuarial Science Graduate

Process

  • Apply relevant research methodologies, tools and techniques to effectively and purposefully gather information.
  • Provide specialist advice and support in area of accountability to ensure that identified solutions and recommendations are appropriate and effective.
  • Perform required actuarial and other analyses for management reporting, and make recommendations to support these analyses.
  • Stay abreast with latest actuarial development tools and techniques in order to conduct analysis in an informed manner.
  • Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.
  • Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
  • Plan for own task execution and advises on improvements related to area of specialisation.
  • Completes actuarial tasks that are relatively granular with detailed output requirements defined
  • Performs data checking and validation work
  • Applies analytical tools and techniques, including model building, to solve actuarial problems
  • Adheres to spreadsheet standards and maintains audit trails.
  • Builds a basic understanding of general actuarial insurance knowledge, e.g. statutory reserving and capital requirements, IFRS reporting, product pricing etc.
  • Builds a basic understanding of company specific knowledge, e.g. product knowledge, company structure, business rules, policies, processes etc.

Customer

  • Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.

Finance

  • Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation.

Learning and Growth

  • Interact proactively with others for the purpose of continuous knowledge sharing; and integration of own new knowledge.
  • Contribute positively to own area-specific knowledge improvement associated with area of specialisation.
  • Continuously assess own performance, seek timely and clear feedback and request training where appropriate.

Governance

  • Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary.
  • Adheres to Actuarial Guidance Notes and any other applicable regulations.

Technical Competencies

  • Research and Information Gathering (Basic)
  • Quantitative Skills (Intermediate)
  • Modelling (Basic)
  • Statistical and Mathematical Analysis (Intermediate)

Behavioural Competencies

  • Professional/Technical learning (Basic)
  • Organisation and Attention to Detail (Basic)
  • Interpersonal Effectiveness (Basic)
  • Problem Solving and Analysis (Basic)
  • Teamwork and Cooperation (Basic)
  • Relationship Management and Networking (Intermediate)
  • Customer Orientation (Basic)
Apply Now
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)

Qualifying for a Bursary

Every bursary will often have a unique set of conditions in order to be eligible; they will typically vary depending on what the organisation or corporation is seeking in a bursar. Application forms frequently list the following eligibility requirements:
  • You must be a citizen (or lawful permanent resident) of South Africa.
  • Your academic record is impressive (note that several bursaries call for high scores in certain disciplines, like maths, science, or languages).
  • You plan to pursue studies in a field that is appropriate for the bursary program, or you have been studying in one already.
  • You have applied to study at a reputable institution in South Africa, or you have been studying there already.
  • Your financial need has been established (usually by providing documentation of your household income).

How To Submit The Liberty Bursary Forum 2024

Candidates Those Are Interested In Liberty Bursary And Want To Apply, They Can Read And Follow These Steps To Apply For Liberty Bursary Programme Application Form 2024 But First Check Your Eligibility For This Bursary.
  • Read Carefully The News Given Is This Post Related To Liberty Bursary Programme Portal.
  • Click The Apply Now Link Given Below, You Will Be Redirected To Official Link Of Liberty Bursary.
  • Verify Your Eligibility Using Your Official Documents For Liberty Bursary.
  • Click On The Apply Button If You Have A Profile/Background Matching With The Related Profile.
  • Fill The Required Information About Your Profile.
  • Cross Check All The Filled Information & Click On The Submit Button.
  • The Status Of Your Application Will Appear On Your Screen Immediately.
  • To Use It In Future, Take A Screenshot From Your Device.
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