Sanlam Actuarial Bursaries for Students 2021-2022

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Sanlam Actuarial Bursaries for Students 2021-2022

The Sanlam Actuarial Bursary was developed to assist students in the field of Actuarial Sciences with financial cover.

Sanlam has been in the business of planning futures for the last 100 years and their Actuarial Bursaries are a product of that. This Bursary is aimed at students with excellent analytical skills, and great problem-solving methods.

If you consider yourself to be independent and organized, then this bursary may just be what you’re looking for. Sanlam is looking for candidates that are willing to remain focused and disciplined through years of study and education to reach their career goals.

Sanlam is a financial services group that is Africa’s biggest non-banking financial services company. Sanlam has been operational since 1918 and has grown to operate internationally with more than 10 million clients enrolled.

Sanlam continuously seeks to develop and grow eager minds for the betterment of their company and the finance industry. Their Bursary program was established as a part of their commitment to their trade by recognizing that support is a key to mastery.

Closing Date

This Bursary closes on 31 July 2021. Please be aware that any applications submitted after this date will not be considered.

What is the Sanlam Actuarial Bursary?

If you are planning to study in the direction of Actuarial Sciences then this bursary can assist you with the financial cover you need. Sanlam offers the opportunity to grow, along with working with humble people that are driven to meet Sanlam’s strategic goals. Apart from meeting specific academic requirements, Sanlam is looking for candidates that possess certain personal attributes such as:

  • Excellent communication skills.
  • High attention to detail.
  • Adaptability.
  • Problem Solver.
  • Independent Worker.
  • Highly Analytical.
  • Well organized
  • Precise work ethic.

Sanlam’s Actuarial Bursary program is looking for individuals with these defining attributes to deliver on the promise that Sanlam has made. A promise to protect and grow their clients’ wealth, for themselves as well as for their families.

Who can apply?

This Bursary program applies to candidates who wish to pursue a career in Actuarial Science. Sanlam’s Actuarial Bursary will require the applicant to meet the following criteria to be considered for selection:


  • The candidate must be a South African citizen.
  • The candidate must be a Matric student.
  • The candidate must have accomplished Mathematic skills.
  • The candidate must have a minimum of 90% in Mathematics.
  • The candidate must have an overall “A” average.
  • The candidate must be enrolled or registered to study in 2022.

Please be aware that preference goes to candidates that fall within certain groups (Black/Indian/Coloured).

What does this Bursary cover?

This Bursary program provides financial cover for a students’ tuition and accommodation fees. A general allowance for textbooks and pocket money will also be provided. Students will receive continuous support and payment toward their actuarial board exams.

Vacation work will also be available along with mentoring and academic support from Sanlam actuarial professionals. Students are also guaranteed employment with Sanlam after the completion of their studies.

How to apply

All applications will have to be completed and submitted online through the link provided below. You will be required to register an account if you haven’t done so.

Apply Here

Make sure to include the following documents with your application:

  • A certified copy of your ID.
  • An updated and comprehensive CV.
  • A certified copy of Grade 11 final results and Matric mid-year results.
  • A motivational letter answering the following questions:
    • What does an Actuary do?
    • Why do you wish to study Actuarial Science?
    • Why do you deserve to be awarded the bursary?
    • Do you have the skills and will to become an Actuary?
    • If you do not become an Actuary, what career will you pursue?

Please note that these supporting documents are crucial to applying for the bursary. If you fail to submit any of the following documents, your applications will not be considered for selection.

Contact Information

If you have any questions or concerns regarding the bursary program, you can contact Sanlam through the following methods:

Contact Number: 021 947 9111

Email: [email protected]

Address: Sanlam Head Office, 2 Strand Road, Belville

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