Sanlam Actuarial Bursary Programme 2027 – Apply Online, Requirements & Closing Date

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

Table of Contents

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

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Open Internship Opportunities

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