Actuarial Bursaries in South Africa from Sanlam 2025: (Deadline Ongoing)

For 100 plus years we have been in the business of planning futures – it is more than our job, it is our trade. Our attitude is one of proper dedication to doing what we do exceptionally well. To ensure you live with confidence.

About Sanlam

Sanlam is a diversified financial services company headquartered in South Africa, with a strong presence in more than 30 countries on the African continent, India, Malaysia and selected developed markets.

Sanlam Actuarial Bursaries

Aim and Benefits of Sanlam Actuarial Bursaries

• Tuition and accommodation fees
• General allowance (Books and pocket money)
• Mentoring and academic support from Sanlam actuarial professionals
• Vacation work and networking opportunities with Sanlam staff
• Guaranteed employment after completion of studies
• Continued support and payment towards actuarial board exams
• Range of work rotation opportunities across a broad spectrum of disciplines

Requirements for Sanlam Actuarial Bursaries Qualification

Undergraduate Studies

Current full time Actuarial Science students (SA citizens and non-SA citizens) who are in their 1st, 2nd or 3rd year of studies. If you demonstrate academic ability and a will to succeed, then you are just who we’re looking for.

School leaving learners who intend to study Actuarial Science in 2025

If you are a whiz at maths, enjoy a good challenge by solving difficult problems and are willing to remain focused and disciplined through years of studying and training, then you are just who we’re looking for.

Documents Required for Application

Undergraduate Studies

• Academic results:
  • Full academic Transcripts
  • Proof of registration and/or Fee Statement
  • Copy of matric certificate
• Copy of ID/Passport or valid study Visa
• Comprehensive CV focusing on Academics, Extra-mural activities and Leadership skills
• A motivation to support your application that answers the following questions:
  • In your own words, can you describe what an actuary does?
  • Why do you want to study actuarial science?
  • Why do you believe you have what it takes to become an actuary?
  • Why should Sanlam choose you to be a bursary holder?
  • If you are not successful at becoming an actuary, what other career paths are you considering?

School leaving learners who intend to study Actuarial Science in 2025

• Academic results:
  • Final 2023 Grade 11 results
  • Grade 12 mid-year 2024 results
  • NBT results
• Final grade 12 results may be used as determining factor
• An above 90% score in Mathematics and an overall A aggregate
• Comprehensive CV focusing on Academics, Extra-mural activities and Leadership skills
• A motivation to support your application that answers the following questions:
  • In your own words, can you describe what an actuary does?
  • Why do you want to study actuarial science?
  • Why do you believe you have what it takes to become an actuary?
  • Why should Sanlam choose you to be a bursary holder?
  • If you are not successful at becoming an actuary, what other career paths are you considering?

Application Deadline

June 30, 2024

How to Apply

Please apply on-line and attach the following documentation as indicated above:

We are committed to embracing and accelerating transformation. Bursaries will be awarded on merit and in accordance with Sanlam’s employment equity plan. Given Sanlam’s large African footprint, non-SA citizens are also welcome to apply.

Please note that all applications need to be completed online. No applications will be accepted via email or after the closing the date. 

For more details, visit Sanlam website.