This article contains information on the Sanlam Actuarial Bursaries/Actuarial Funding for the year 2025.
Sanlam Life and Savings, part of the Sanlam Group, is dedicated to serving both retail and corporate clients in South Africa. The company offers a comprehensive bursary program to support scholars who are interested in studying Actuarial Science. This initiative is designed for school-leaving learners and current Actuarial Science students, aiming to nurture the next generation of actuarial professionals.
Sanlam Actuarial Bursaries Eligibility and Requirements:
For Undergraduate Studies:
- Current full-time Actuarial Science students (South African citizens) in their 1st, 2nd, or 3rd year of studies.
- School-leaving learners who intend to study Actuarial Science in 2026.
For School Leaving Learners:
- Final 2024 Grade 11 results.
- Grade 12 mid-year 2025 results.
- NBT results (if available).
- Final grade 12 results may be used as a determining factor.
- Must have an above 90% score in Mathematics and an overall A aggregate.
Required Documents:
- 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 letter answering the following:
- 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 as a bursary holder?
- If you are not successful at becoming an actuary, what other career paths are you considering?
What Do Sanlam Actuarial Bursaries Offer?
- 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.
- A range of work rotation opportunities across various disciplines.
Application Procedure and Deadline:
- Applications must be submitted online (https://careers.sanlamcloud.co.za/job/Bellville-Sanlam-Actuarial-Bursaries-WC/1163523101/) with the required documentation attached.
- The closing date for applications is 30 June 2025.
- No applications will be accepted via email or after the closing date.
Sanlam is committed to embracing transformation and will award bursaries based on merit and in alignment with the company’s employment equity plan.
