Sanlam Group invites South African matriculants and current university students to apply for the Sanlam Actuarial Bursary Programme for the 2027 academic year.
Bursary Application Closing Date: 30 June 2026
Bursary Location: Bellville, Western Cape, South Africa
This prestigious bursary is aimed at top-performing learners and students who aspire to become professional actuaries and build long-term careers within one of South Africa’s leading financial services groups.
About the Bursary Provider – Sanlam Group
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.
About the Sanlam Actuarial Bursary Programme
The Sanlam Actuarial Bursary is offered to:
- School-leaving learners who intend to study Actuarial Science in 2027, and
- Current full-time Actuarial Science students in their 1st, 2nd, or 3rd year of study
The bursary supports academically strong individuals who demonstrate discipline, analytical ability, and long-term commitment to the actuarial profession.
Who Can Apply?
Undergraduate Actuarial Science Students
Applicants must:
- Be South African citizens
- Be registered as full-time Actuarial Science students (1st, 2nd, or 3rd year)
- Demonstrate strong academic performance and leadership potential
School-Leaving Learners (Class of 2026)
Applicants must:
- 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 Sanlam Actuarial Bursary Covers
Successful bursary recipients will receive:
- Full tuition and accommodation fees
- General allowance (books and pocket money)
- Mentoring and academic support from Sanlam actuarial professionals
- Vacation work and networking opportunities
- Guaranteed employment after successful completion of studies
- Continued financial support for actuarial board examinations
- Exposure to rotational work opportunities across multiple business areas
Required Documents
For Undergraduate Students
- Full academic transcripts
- Proof of registration and/or fee statement
- Matric certificate
- Certified copy of ID
- Comprehensive CV (academics, leadership, extra-murals)
- Motivation answering:
- What does an actuary do?
- Why actuarial science?
- Why you believe you can succeed as an actuary
- Why Sanlam should select you
- Alternative career paths if actuarial studies are unsuccessful
For School-Leaving Learners
- Final Grade 11 (2025) results
- Grade 12 mid-year (2026) results
- NBT results (if available)
- Final Grade 12 results may be used as a deciding factor
- Comprehensive CV
- Motivation answering the same questions listed above
How to Apply for the Sanlam Actuarial Bursary 2027
Click here to apply for the Sanlam Actuarial Bursary Programme
Important:
- Applications must be completed online only
- No email or late applications will be accepted
- If you do not receive feedback by 1 October 2026, please consider your application unsuccessful
Employment Equity
Sanlam is committed to transformation, diversity, and inclusion. Bursaries will be awarded on merit while taking the Group’s Employment Equity Plan and targets into consideration.
Closing Date
30 June 2026
Late applications will not be considered.