Sanlam Bursary Programme Now Open for South African Students

Who Are We?

Sanlam Life and Savings (SLS) focuses on serving retail and corporate clients in South Africa while strengthening its strategic position in the local market.

Sanlam Life and Savings consists of three clusters:

• Sanlam Corporate
• Sanlam Retail Mass
• Sanlam Retail Affluent

The Sanlam Life and Savings Office provides strategic direction, coordination, governance oversight, and support to these clusters to ensure business objectives are achieved.

Calling All Matriculants and Actuarial Students

For over 100 years, Sanlam has been dedicated to planning futures. This commitment drives their passion for excellence and helping people live with confidence.

Actuarial Bursaries

Sanlam believes that mastery in any field requires strong support. Therefore, bursaries are offered to:

• Students enrolled to study Actuarial Science in 2027
• Current 1st, 2nd, or 3rd year Actuarial Science students

Who Are We Looking For?

Undergraduate Students:

• South African citizens studying Actuarial Science full-time
• Currently in 1st, 2nd, or 3rd year
• Strong academic performance and determination to succeed

School-Leaving Learners (2027 intake):

• Strong mathematics ability
• Problem-solving mindset
• Focused, disciplined, and committed to long-term study

What Do We Offer?

• Tuition and accommodation fees
• General allowance (books and pocket money)
• Mentoring and academic support from actuarial professionals
• Vacation work and networking opportunities
• Guaranteed employment after completing studies
• Support and funding for actuarial board exams
• Work rotation opportunities across multiple disciplines

Requirements

For Undergraduate Students:

• Full academic transcripts
• Proof of registration or fee statement
• Copy of matric certificate
• Copy of ID
• Comprehensive CV (academics, leadership, activities)
• Motivation answering:
• What does an actuary do?
• Why study actuarial science?
• Why do you believe you can become an actuary?
• Why should Sanlam choose you?
• If not actuarial science, what alternative career?

For School-Leaving Learners:

• Final Grade 11 results (2025)
• Grade 12 mid-year results (2026)
• NBT results (if available)
• Final Grade 12 results may determine final selection
• Minimum 90% Mathematics and overall A aggregate
• Comprehensive CV
• Motivation answering the same questions listed above

How To Apply

Applications must be submitted online.

• No email applications accepted
• No late applications accepted
• If no feedback by 1 October 2026, consider application unsuccessful

Closing Date: 30 June 2026

Equity & Diversity Commitment

Sanlam is committed to transformation, diversity, and inclusion. Selection will be based on merit and aligned with the company’s Employment Equity Plan to ensure a fair and sustainable workplace.