Sanlam Group Actuarial Bursaries
Sanlam Group Actuarial Bursaries 2027
Role Overview
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 2026Bursary 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.
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.
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.
Be registered as full-time Actuarial Science students (1st, 2nd, or 3rd year)
Demonstrate strong academic performance and leadership potential
Intend to study Actuarial Science in 2027
Achieve above 90% in Mathematics
Show strong problem-solving ability, discipline, and academic focus
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
Proof of registration and/or fee statement
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
Why you believe you can succeed as an actuary
Alternative career paths if actuarial studies are unsuccessful
Grade 12 mid-year (2026) results
Final Grade 12 results may be used as a deciding factor
Motivation answering the same questions listed above
Click here to apply for the Sanlam Actuarial Bursary Programme
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
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.
Late applications will not be considered.
Key Responsibilities
You must represent the bursary programme positively in your professional conduct and fulfill any work-back obligations specified in your bursary contract after graduating. As a bursary recipient, your responsibilities will include maintaining the minimum academic performance standards and attending all lectures and tutorials as required.
Entry Requirements
Commitment to completing your qualification within the prescribed time and willingness to fulfill any work-back obligations. South African citizenship and acceptance or current enrolment at a recognised South African tertiary institution.
Listing Source
This opportunity was sourced from StudentRoom. Always verify final requirements and deadlines on the official source before applying.
How to Apply
Click here to apply for the Sanlam Actuarial Bursary Programme
About Sanlam Group Actuarial Bursaries
This bursary is offered by Sanlam Group Actuarial Bursaries, based in South Africa.
Why This Is Good for Starters
This bursary from Sanlam Group Actuarial Bursaries can cover your tuition fees, accommodation, textbooks, and sometimes even a living allowance. In South Africa, where the cost of higher education continues to rise, bursaries are a lifeline for talented students who cannot afford to study. Many bursary programmes also include vacation work placements and guaranteed employment after graduation, giving you both education and career security.
CV Tips for This Application
- Include your academic record — marks and subjects matter for bursary applications
- Write a compelling motivation letter explaining your financial need and career aspirations
- Mention any community involvement, leadership roles, or extracurricular activities
- Include proof of financial need if the application requires it
- Apply early — bursary programmes often close well before the academic year starts
Application Checklist
- Read the full job description carefully before applying
- Prepare an updated CV tailored to this specific role
- Prepare your academic transcripts and proof of financial need
- Write a motivation letter explaining your career goals
- Submit before the closing date: 30 June 2026
- Double-check your contact details are correct on your CV
- Follow up after 2 weeks if you have not heard back
Frequently Asked Questions
Can I apply with matric only?
Check the requirements section above for education requirements.
Do I need experience?
This appears to be suitable for candidates with little or no experience.
Can I apply if I live in another province?
Most opportunities accept applications from candidates across South Africa. Check the requirements for any location-specific criteria.
What happens after I apply?
After submitting your application, the employer will review it. If shortlisted, you may be contacted for an interview. Response times vary by employer.
Is this bursary paid?
Payment details are not specified. Contact the employer for more information.
When is the closing date and what if I miss it?
The closing date is 30 June 2026. Apply before this date to be considered.
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Ready to Apply?
Submit your application directly on Sanlam Group Actuarial Bursaries's careers portal.
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