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Becoming a student member

 

In order for you to enter for examinations or apply for exemptions you first need to apply for student membership of the Actuarial Society of South Africa.

Step 1: Meet the academic requirements for student admission

The Admissions Committee, on behalf of Council, will at its discretion normally admit as a student member an applicant who has achieved the academic requirements listed below subject to satisfactory conduct.

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 recognised university, and have met the minimum performance requirements as set out below.

Undergraduate students

Minimum performance:

  • At least 70% for Mathematics I; or
  • At least 65% for Mathematics II or Mathematical Statistics II.

Students with a university degree

Minimum performance:

  • Have met the minimum performance requirements set out above for undergraduate students; or
  • A major in Mathematics, Mathematical Statistics or Actuarial Science and have met the following minimum performance requirements:
    • At least 70% for Mathematics I; or        
    • At least 60% for one of Mathematics, Mathematical Statistics or Actuarial Science (in the second or third year of study); or
  • A Bachelors degree, with a major in Actuarial Science, from a university with full Level 2 accreditation from the Actuarial Society, and with passes in subjects equivalent to at least 7 of the 8 A100 and A200 level subjects of the Actuarial Society (CT1-CT8); or
  • An Honours (or equivalent four-year) degree in Actuarial Science, including a pass in Subject A301 of the Actuarial Society (CA1); or
  • Have reached the standard required for an exemption from any of the A200 examinations of the Actuarial Society (CT1, CT4, CT5, CT6 or CT8).

Note: Where a minimum mark is specified for a particular subject this refers to the average mark for all modules which constitute that subject.

Step 2: Obtain a recommendation

Students who studied at accredited universities

Applications for admission from students who have studied at universities accredited by the Actuarial Society need to include a recommendation from the university’s Accreditation Actuary (by way of his/her signature as a referee on the application form).

The Accreditation Actuaries are as follows:

University  Actuary 
University of Cape Town Ms Shivani Ramjee
University of Stellenbosch Prof Garrett Slattery
University of Pretoria Prof Rinus du Plessis
University of the Witwatersrand Prof Stephen Jurisich
University of the Free State Mr Frans Koning
North-West University
(Potchefstroom Campus)
Ms Janette Larney

Students who studied at non-accredited universities

Applications for admission from students who have studied at universities that are not accredited by the Actuarial Society do not need a recommendation from an Accreditation Actuary. Upon receipt by the Actuarial Society all such applications will be sent to the Convenor of the Society’s Admissions Committee for consideration.

Step 3: Complete the online membership application process

Individuals intending to write the examination in September 2014 must submit their online applications and documents on or before 11 July 2014. Those applying for admission after the closing date will not have their applications processed in time to register to write an examination in the upcoming examination session.  Steps in the process:

  • Read and review the admission requirements before starting your application:
  • Register your details by setting up a temporary account following the link below

http://member.actuarialsociety.co.za/MemberRegistrationLogin.aspx

  • Activate your temporary account after receipt of your activation email
  • Complete your personal details on your temporary account.
  • Submit your online application after you have provided all the relevant details.
  • You will receive a notification email from the system including a referee recommendation form and a request for the following documents:
- Certified copy of your ID document.
- For foreign students: certified copy of your passport.
- Certified copy of your NSC/Matriculation results.
- Your original university academic transcripts (no certified copies will be accepted).

·     Please send all documents requested via speed post or courier service. Please do not send them via registered mail.

The Actuarial Society’s postal address is:

Actuarial Society of South Africa

P.O. Box 4464

Cape Town,

8000

Physical Address for courier service:

Actuarial Society of South Africa

c/o Old Mutual Office 2

2nd Floor West End Mall

Jan Smuts Drive

Pinelands, 7405


For any questions, please contact:

Philentia Russouw

Tel: +27 21 509 5951

Email: prussouw@actuarialsociety.org.za