The fellowship will afford Jimmy Yuan the opportunity to be mentored by Discovery Limited founder and CEO, Adrian Gore. 

A Wits actuarial science honours student has beaten 19 others from four of the country’s top universities, to bag the Adrian Gore Fellowship (AGF) award, sponsored by Discovery Limited.

Jimmy Yuan (21), was one of seven Wits students that went through a rigorous selection process that tested actuarial application, teamwork and leadership. This culminated in a presentation to the Discovery executives, including founder and CEO Gore himself.

Winning the AGF means that Yuan will spend next year working for the financial services group under the mentorship of Gore. 

“I don’t know how much time I’ll be spending with Adrian Gore, but  I’m confident it will be a worthwhile experience,”  Yuan told Wits Vuvuzela.

Senior lecturer, Megan Carswell, who supervised Yuan for his research project, said the school of statistics and actuarial science was “extremely proud of Jimmy who is a deserving winner”.

Yuan’s research “looked at the way remarriage contingencies are calculated for use in damages claims”, and how the data used is not only outdated but excluded black South Africans at the time, said Carswell, who complimented the student for being “extremely organised, very logical and believes strongly in correcting the injustice of the continued use of the outdated tables”.

It was wonderful to have some good news in the midst of the challenges of online learning, Carswell added. 

Besides the boost in morale, Yuan also won R150 000 for the school.  

The AGF has been awarded annually to the top actuarial science students selected from Wits, UCT, Stellenbosch and Tuks since 2013.The award was designed to offer rapid career growth for the recipient in the field of actuarial science.  

On his future plans, Yuan said, “I hope to learn enough to apply my actuarial knowledge to find statistical solutions in nontraditional fields like mining or education.  

FEATURED IMAGE: Actuarlal science honours student, Jimmy Yuan (21), will spend 2021 working at Discovery Limited under the mentorship of CEO Adrian Gore. Photo: Provided

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