The Actuarial Studies Scholarship is a fully funded scholarship under the auspices of the Financial Regulatory Authority, offered to talented youth in the fields of mathematics and statistics. It provides them with education, support, and guidance to build a bright professional future in this specialized field.

The funding bodies for the actuarial studies grant

This grant is keen on providing the highest levels of quality and support to participants, thru strong partnerships with leading institutions in the insurance sector, which enhances the program’s quality and ensures strong support for training and development. They are:

• Union of Egyptian Insurance Companies.
• Policyholders’ Guaranty Fund.
• African Reinsurance Company.

The expected impact of graduates of the actuarial studies scholarship

Graduates of the actuarial studies scholarship contribute to the advancement of the insurance sector and the development of non-banking financial services thru their active participation, utilizing the specialized knowledge and professional skills they acquired during their studies, in:

• Accurate pricing of insurance products.
• Estimating technical reserves.
• Measuring the company’s solvency.
• Assessment and management of enterprise risks.
• Preparation of life tables and actuarial tables (Mortality Tables).
• Management of pension and social insurance funds.
• Building financial and investment models and testing future scenarios (Scenario Analysis).
• Supporting companies in developing plans to address uncertainty and institutional risks.
• Supporting governments and regulatory bodies in developing healthcare systems, social insurance, and financial governance.
• Participating in the development of frameworks for disaster and climate risk management.
• Designing new products that enhance financial inclusion and provide protection for various segments of society.
• Thus, scholarship graduates become part of a global network of specialists capable of leading change and shaping a safer and more sustainable future.