Actuarial Internship – Bestmed Medical Scheme | Pretoria, Gauteng – Apply by 31 October 2026

October 1, 2026 Sanelisiwe Comments 0 Comment

Employer: Bestmed Medical Scheme
Position: Actuarial Intern
Division: Actuarial
Location: Pretoria, Gauteng
Employment Type: Internship
Industry: Insurance / Medical Aid
Functional Area: Financial Analysis / Actuarial
Programme Period: February 2027 to January 2028
Minimum Qualification: Degree in Actuarial Science
Age Requirement: 35 years or younger
Closing Date: 31 October 2026

Overview

Bestmed Medical Scheme is inviting applications for an Actuarial Internship based in Pretoria, Gauteng.

The internship provides graduates with an opportunity to put their actuarial and analytical knowledge into practice while gaining valuable professional experience within the medical aid sector.

Successful candidates will gain exposure to the practical use of data, statistics, financial modelling and risk analysis to support business activities and decision-making.

Interns will work alongside experienced professionals and develop a better understanding of how actuarial principles are applied in a professional medical scheme environment.

The programme is expected to run from February 2027 until January 2028.

Key Responsibilities and Learning Areas

As an Actuarial Intern, you will gain practical exposure to areas such as:

– Working with data and statistical information.

– Applying actuarial principles in a professional environment.

– Supporting financial modelling activities.

– Assisting with risk analysis.

– Using analytical information to support business activities.

– Developing practical data-analysis skills.

– Learning how actuarial concepts are applied within the medical aid sector.

– Working alongside experienced actuarial and financial professionals.

– Developing practical workplace and professional skills.

Specific day-to-day duties will be determined according to the requirements of Bestmed’s Actuarial Division.

Minimum Requirements

Applicants must meet the following requirements:

Have completed Matric / Grade 12.
Hold a Degree in Actuarial Science.
Be currently unemployed.
Have minimal previous work experience.
Be 35 years old or younger.
Be a South African citizen.
Be available for the internship period from February 2027 to January 2028.

Requirements and Skills

This opportunity is particularly suited to candidates who are:

Numerically minded.
Analytical.
Curious and willing to learn.
Comfortable working with data.
Interested in statistics and financial modelling.
Interested in risk analysis.
Able to apply theoretical knowledge to practical situations.
Detail-oriented.
Interested in developing a career within actuarial or financial services.

What You Will Learn

The internship provides an opportunity to develop practical knowledge of:

Actuarial analysis.
Data analysis.
Statistics.
Financial modelling.
Risk analysis.
Medical aid industry operations.
Business decision support.
Professional workplace practices.

The programme is designed to help graduates turn their academic knowledge into meaningful professional experience.

Who Should Apply?

This internship may be suitable for a recent Actuarial Science graduate who has limited work experience and wants to gain practical exposure within the medical aid and insurance environment.

Applicants should consider applying if they:

Have completed an Actuarial Science degree.
Have little professional work experience.
Are currently unemployed.
Enjoy working with numbers and data.
Have an interest in financial modelling and risk.
Want to develop practical actuarial experience.
Meet the age and citizenship requirements.

Possible Interview Questions

Candidates preparing for the Bestmed Actuarial Internship interview may be asked:

Why did you choose to study Actuarial Science?
Why are you interested in joining Bestmed Medical Scheme?
What interests you about the medical aid industry?
What do you understand about the role of an actuary?
How can actuarial analysis support a medical scheme?
What experience do you have working with data?
Tell us about an analytical project you completed during your studies.
What do you understand about financial modelling?
How would you approach a large dataset containing inconsistencies?
What statistical techniques did you use during your degree?
How do you ensure accuracy when working with numbers?
Tell us about a difficult problem you solved during your studies.
What would you like to learn during this internship?
Where would you like your actuarial career to progress in the future?

These are suggested preparation questions and are not confirmed Bestmed interview questions.

CV Tips for This Internship

Your CV should focus strongly on your Actuarial Science qualification, academic projects and analytical skills.

1. Clearly List Your Qualification

Include:

Degree in Actuarial Science
University: [University Name]
Year Completed: [Year]

2. Highlight Relevant Academic Subjects

Where applicable, mention relevant modules involving:

Actuarial mathematics.
Statistics.
Probability.
Financial mathematics.
Risk modelling.
Economics.
Data analysis.
Financial modelling.

3. Include Academic Projects

If you completed projects involving datasets, statistical analysis, financial models or risk analysis, briefly describe them.

4. Highlight Technical Skills

Include software and analytical tools you genuinely know how to use, particularly those relevant to data and actuarial work.

5. Do Not Worry About Limited Experience

Bestmed specifically states that applicants may have minimal work experience. Focus instead on your academic achievements, analytical ability, projects and willingness to learn.

APPLICATION PROCESS

APPLY HERE

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