Registering with the Actuarial Society of South Africa

1.    Apply online on the Actuarial Society of South Africa's website.
 

2.    Obtain a copy of your academic record from the Client Service Centre  at the Humanities Building.

3.    Complete the relevant forms required by th eonline application and submit it to Mrs Hellberg at the Department of Insurance and Actuarial Science in order for the relevant staff members to sign it. Please allow sufficient time for this process.

4.    Collect your forms from Mrs Hellberg at the Department once you have been notified.

5.    Submit all the necessary documents as set out in the application form, as well as the certificate of academic compliance, to the Actuarial Society of South Africa. The Society will process the application and will inform you in due course whether the application was successful.

6.    The minimum admission requirements applied by the Actuarial Society are as follows:

For admission as a Student Member of the Actuarial Society of South Africa a person must have passed either Mathematics II or Mathematical Statistics II (on the mainstream level, rather than any ancillary level) through a (SAQA) recognised university, and have met at least one of the following minimum performance requirements:

• A Bachelor’s degree with a major in Actuarial Science, including courses equivalent to at least 7 of the 8 A100 and A200 level subjects of the Actuarial Society, from a university with full Level 2 accreditation from the Actuarial Society; or
• An Honours (or equivalent four-year) degree in Actuarial Science, including a course equivalent to Subject A301 of the Actuarial Society, from a university with Level 3 accreditation from the Actuarial Society; or
• Have reached the standard required for an exemption from any of the A200 examinations at a university with Level 2 accreditation from the Actuarial Society; or
• A pass in Subject A201 (which may be written as a non-member of the Actuarial Society); or
• A pass in an A200-equivalent examination of the Institute and Faculty of Actuaries; or
• At least 65% for Mathematics II/III or Mathematical Statistics II/III; or
• At least 70% for Mathematics I.

Note: Where a minimum mark is specified for a particular subject, this refers to the average mark for all modules that constitute that subject (e.g. Mathematical Statistics II = Average of marks for WST 211 and 221 at UP).