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Home»FINANCE & BUSINESS»Sanlam Actuarial Bursaries for South African Matriculants and Students
FINANCE & BUSINESS

Sanlam Actuarial Bursaries for South African Matriculants and Students

Senior EditorBy Senior EditorMay 25, 2025No Comments3 Mins Read
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Sanlam Actuarial Bursaries for South African Matriculants and Students
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Highlights

  • Sanlam is planning to  offer bursaries to scholars who have enrolled to study Actuarial Science in 2026 as well as current students in their 1st/2nd/3rd year of Actuarial Science studies
  • Bursaries will be awarded on merit and in accordance with Sanlam’s employment equity plan in mind
  • An above 90% score in Mathematics and an overall A aggregate

Sanlam Opens Doors with Actuarial Bursaries for Aspiring Actuaries

In its continued commitment to nurturing future talent, Sanlam Group has announced its actuarial bursaries for the academic year starting in 2026. These Sanlam Actuarial Bursaries are designed to support scholars and students pursuing studies in Actuarial Science, providing an exceptional opportunity to develop skills and build a promising career path in one of the most challenging and rewarding fields.

A Legacy of Supporting Future Leaders

For over 100 years, Sanlam has been at the forefront of shaping futures, not just as a business but as a dedicated trade. Acknowledging that mastery in any trade requires support and resources, Sanlam has embedded this philosophy into its bursary program. This initiative is particularly aimed at nurturing talent in Actuarial Science, a field crucial to its operation and success.

Who Should Apply?

Sanlam’s bursary program is tailored for two primary groups:

  1. Current Actuarial Students:
    • Enthusiastic full-time students pursuing their 1st, 2nd, or 3rd year in Actuarial Science at a recognized university in South Africa.
    • Applicants must demonstrate academic prowess and a strong motivation to succeed.
  2. Aspiring Matriculants:
    • School-leaving learners aiming to commence their studies in Actuarial Science in 2026.
    • Candidates require an aptitude for mathematics and problem-solving, with a keen focus and discipline essential for the rigors of actuarial training.

The Bursary Package: What Sanlam Offers

Sanlam’s bursary goes beyond mere financial support. It includes:

  • Coverage of tuition and accommodation fees.
  • A general allowance to cover books and pocket money.
  • Mentorship and academic support from experienced actuarial professionals within Sanlam.
  • Networking opportunities and practical exposure through vacation work.
  • Assured employment upon graduation, with continued support for actuarial board exams.
  • Diverse work rotation opportunities across various disciplines within the company.

Eligibility and Application Process

To be considered, applicants must meet specific academic criteria, including:

  • Submission of full academic transcripts and relevant identification documents.
  • A comprehensive CV highlighting academic, extracurricular, and leadership achievements.
  • A clear and compelling motivation letter addressing key questions, such as their understanding of actuarial work, aspirations in actuarial science, and career backup plans.

Academic prowess is paramount, with an emphasis on high achievement in mathematics and an overall strong academic record.

Commitment to Diversity and Equity

Sanlam is deeply committed to transformation and diversity, core tenets of its operational philosophy. The company embraces an equitable approach to hiring and development, ensuring diverse representation and inclusivity across its workforce. The selection process for bursary awards aligns with Sanlam’s employment equity plan, focusing on merit and transformation objectives.

Apply Now

Interested candidates must apply online, attaching the necessary documents. The closing date for applications is June 30, 2025. Sanlam emphasizes that all applications need to be submitted through its official career portal, as email applications will not be entertained.

As Sanlam continues to build a diverse future with promising leaders in Actuarial Science, this bursary presents a golden opportunity for students to embark on an impactful career journey.

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