Sanlam Life and Savings invites high-performing South African students to apply for the Sanlam Actuarial Bursary Programme. This opportunity is aimed at developing future actuarial professionals by providing financial support, mentorship, and practical exposure within one of South Africa’s leading financial services groups.
About the Opportunity
The Sanlam Actuarial Bursary supports both current actuarial science students and school leavers who plan to study actuarial science full time. The bursary is based in Bellville, Western Cape, and is open to South African citizens who meet the academic requirements.
The programme is designed to build actuarial skills while preparing candidates for long-term careers within Sanlam.
Who Should Apply
Current Actuarial Science Students
- Registered full time in 1st, 2nd, or 3rd year of actuarial science
- Strong academic performance
- Clear interest in pursuing a career as an actuary
School Leavers (Matriculants)
- Planning to study Actuarial Science from 2027
- Excellent academic results, especially in Mathematics
- Strong overall academic performance
What the Bursary Covers
Successful candidates will receive comprehensive support, which may include:
- Full payment of tuition and accommodation fees
- Allowances for books and other study-related expenses
- Ongoing academic and professional mentorship
- Vacation work and practical exposure at Sanlam
- Support for actuarial board examinations
- Guaranteed employment with Sanlam upon successful completion of studies
- Exposure to various business areas within the organisation
Eligibility and Application Requirements
For Undergraduate Students
- Academic transcripts and proof of registration or fee statement
- Certified copy of South African ID
- Matric certificate
- Updated CV highlighting academic achievements and leadership
- Motivation explaining career goals and suitability for the bursary
For School Leavers
- Grade 11 final results and Grade 12 mid-year results
- National Benchmark Test (NBT) results, if available
- Mathematics mark of 90% or higher and an overall A aggregate
- Certified copy of South African ID
- Comprehensive CV and motivation
Closing Date
Applications close on 30 June 2026.
Late or incomplete applications will not be considered.