Applications are now open for the 2025/2026 Sanlam Actuarial Science Bursaries. Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters – Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.
Requirements
The bursary is for 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.
Undergraduate StudiesCurrent full time Actuarial Science students (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 2026If 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.
Benefits
Tuition and accommodation fees
General allowance (Books and pocket money)
Mentoring and academic support from Sanlam actuarial professionals
Vacation work and networking opportunities with Sanlam staff
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
Application Requirements
Undergraduate Studies
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 2024 Grade 11 results
Grade 12 mid-year 2025 results
NBT results (only 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?
Method of Application
For More Information,
Visit the Official Webpage
Application Deadline: 30 June 2025.