Summary:

The Sanlam Actuarial Bursary is a prestigious opportunity aimed at nurturing the next generation of actuaries in South Africa. Sanlam, a leading financial services group, has been investing in actuarial talent for over 50 years, offering comprehensive support to students pursuing Actuarial Science.
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🎓 Bursary Overview
Sanlam provides financial and professional support to both prospective and current Actuarial Science students:

Matriculants (Grade 12 learners): Students intending to pursue Actuarial Science in 2026.

Undergraduate Students: Current full-time Actuarial Science students in their 1st, 2nd, or 3rd year.
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💰 Bursary Benefits
The bursary package includes:
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Full coverage of tuition and accommodation fees.

Allowances for books, travel, and pocket money.

Mentorship and academic support from experienced Sanlam actuarial professionals.

Vacation work opportunities to gain practical experience.

Guaranteed employment with Sanlam upon successful completion of studies.

Continued support and payment towards actuarial board exams.

Exposure to various actuarial disciplines through work rotation opportunities.
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✅ Eligibility Criteria
For Matriculants (Grade 12 learners):

Must be South African citizens.

Intend to study Actuarial Science full-time in 2026.

Achieve a minimum of 90% in Mathematics and an overall A aggregate in Grade 11 and mid-year Grade 12 results.

Demonstrate strong analytical and problem-solving skills.
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For Undergraduate Students:

Must be South African citizens.

Currently enrolled as full-time Actuarial Science students in their 1st, 2nd, or 3rd year.

Demonstrate academic excellence and a commitment to succeed in the actuarial field.
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📄 Application Requirements
Applicants must submit the following documents:

Certified copy of South African ID.

Full academic transcripts and proof of registration.

Matric certificate (for current students).

Comprehensive CV highlighting academic achievements, extracurricular activities, and leadership roles.

Motivational letter addressing:

What an actuary does.

Reasons for choosing Actuarial Science.

Belief in possessing the necessary qualities to excel as an actuary.

Justification for why Sanlam should select them.

Alternative career paths if not pursuing an actuarial career

Posted As: Bursary

Uploaded On: May 20, 2025, 8:52 a.m.