If 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.

What do we 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
• Range of work rotation opportunities across a broad spectrum of disciplines

What do we require?

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?

How do you apply?

Click here to apply online

Please apply on-line and attach the following documentation as indicated above:

We are committed to embracing and accelerating transformation. Bursaries will be awarded on merit and in accordance with Sanlam’s employment equity plan in mind.

Please note that all applications need to be completed online. No applications will be accepted via email or after the closing the date.