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Sanlam Actuarial bursaries

Calling all Matriculants and Actuarial students

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.

Part of our commitment to our trade is recognising that for one to be a master in their trade, support is a key ingredient.

That is why we offer bursaries to scholars who have enrolled to study Actuarial Science in 2025 as well as current students in their 1st/2nd/3rd year of Actuarial Science studies.

Who are we looking for

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.

What do we offer

  • 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

What do we require?

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?

How do you apply?

Please apply on-line here 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.

No applications will be accepted via email or after the closing the date.

Any queries are to be directed to ActuarialBursaries@sanlam.co.za

Closing Date: 30 June 2024

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Are you studying maths, statistics, physics, economics, engineering or computer science in South Africa? Do you want to learn more about what further study, funding, work experience or career opportunities are available to you? Register with Quantify Your Future now to receive news and updates on the latest studies and careers news!

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Are you studying maths, statistics, physics, economics, engineering or computer science in South Africa? Do you want to learn more about what further study, funding, work experience or career opportunities are available to you? Register with Quantify Your Future now to receive news and updates on the latest studies and careers news!

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