Sanlam Actuarial Bursaries/Actuarial Funding For 2025

Bursary Details

The Sanlam Retail Affluent business (SRA) is dedicated to empower South Africans in the middle- and upper-income segments to be financially confident, secure and prosperous.

With deep client understanding and a focus on excellence in technology, client and intermediary experiences, SRA delivers financial solutions including comprehensive financial planning, life- and disability insurance, credit solutions, savings and investments, retirement and fiduciary services that can be accessed through various platforms.

Calling all Matriculants and Actuarial students

For 100 plus years we have been in the business of planning futures – it is more than our job, it is our trade.

Our attitude is one of proper dedication to doing what we do exceptionally well. To ensure you live with confidence.

Actuarial bursaries / Actuarial Funding

Part of our commitment to our trade is recognising that for one to be a master in their trade, support is a key ingredient. 

That is why we offer bursaries to scholars who have enrolled to study Actuarial Science in 2024 as well as current students in their 1st/2nd/3rd year of Actuarial Science studies.

Undergraduate Studies

Current full time Actuarial Science students (SA citizens and non-SA citizens) who are in their 1st, 2nd or 3rd year of studies. If you demonstrate academic ability and a will to succeed, then you are just who we’re looking for.

School leaving learners who intend to study Actuarial Science in 2024

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.

Candidate Requirements

School leaving learners who intend to study Actuarial Science in 2024

• Academic results:
  • Final 2022 Grade 11 results
  • Grade 12 mid-year 2023 results
  • NBT results
• 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?

Undergraduate Studies

• Academic results:
  • Full academic Transcripts
  • Proof of registration and/or Fee Statement
  • Copy of matric certificate
• Copy of ID/Passport or valid study Visa
• 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?

Bursary Inclusion

• 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

Field of Study

Accountancy
Economic & Business Sciences
Statistics & Actuarial Science