Sanlam insurance Company Open the Application window for tertiary students from South Africa who study Current full time Actuarial Science to Apply for Bursary Programme for the Academic year 2026.
Sanlam Life and Savings (SLS) forms part of the Sanlam Group and focuses on serving retail and corporate clients across South Africa. The business consists of Sanlam Corporate, Sanlam Retail Mass, and Sanlam Retail Affluent, supported by a central office that provides strategic direction, governance, and oversight.
For more than 100 years, Sanlam has been in the business of planning futures. Through its actuarial bursary programme, the group invests in exceptional talent to ensure a strong pipeline of future actuarial professionals.
| Details | Information |
|---|---|
| Programme | Sanlam Actuarial Science Bursary |
| Company | Sanlam Group |
| Location | Bellville, Western Cape (Head Office) |
| Eligible Applicants | South African citizens |
| Fields Covered | Actuarial Science |
| Who Can Apply | Matric learners planning to study Actuarial Science in 2027Current 1st, 2nd or 3rd year Actuarial Science students |
| Closing Date | 30 June 2026 |
| Application Method | Online only |
| Employment After Studies | Guaranteed for successful bursary holders |
List of Field Covered by Sanlam Actuarial Bursary Programme 2027
- Intend to study Actuarial Science in 2027
- Achieve above 90% in Mathematics
- Have an overall A aggregate
- Show strong problem-solving ability, discipline, and academic focus
What the bursary covers
- Tuition and accommodation fees
- Allowances for books, travel and pocket money
- Mentoring and academic support from Sanlam actuarial professionals
- Vacation work and networking opportunities with Sanlam staff
- General allowance (Books and pocket money)
- 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
Bursary Requirements and Required Documents
Undergraduate Studies
- Must be a South African citizen
- Must be a full-time actuarial science student
- Must be in 1st, 2nd or 3rd year
- Must demonstrate strong academic performance
- Must show leadership and extracurricular involvement
- Academic results:
- Full academic Transcripts
- Proof of registration and/or Fee Statement
- Copy of matric certificate
- Copy of ID
- 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 2026
- Academic results:
- Final Grade 11 results/report
- Grade 12 mid-year results
- NBT results (if available)
- 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? [Apply: Mpumalanga Provincial Treasury Internship Programme 2026/27 ]
Motivation Questions You Must Answer
All applicants must submit a strong motivation letter answering these questions:
- What does an actuary do?
- Why do you want to study actuarial science?
- Why do you believe you can succeed as an actuary?
- Why should Sanlam choose you?
- If not actuarial science, what career would you pursue?
These questions are extremely important. Your answers determine whether you stand out.
Get More Opportunities
Currents South African Vacancies
Apply for Learnerships Programme
Get Apprenticeships Programmes
Employment After Studies
One of the biggest advantages of the Sanlam Actuarial Bursary Programme 2027 is guaranteed employment. Successful bursary holders are required to work for Sanlam after completing their studies, allowing them to gain professional experience while completing actuarial exams.
Closing Date: 30 June 2025
How to Apply for the Sanlam Actuarial Bursary 2027
Click here to apply for the Sanlam Actuarial Bursary Programme
Any queries are to be directed to [email protected]
