Apply for the Sanlam Actuarial bursary application 2026. Learn requirements, benefits, deadlines, and how matriculants and students can apply online.
Sanlam Actuarial Bursary Application 2026–2027: Full Guide for Matriculants and Actuarial Students
Date: 30 January 2026
Location: Bellville, Western Cape, South Africa
Company: Sanlam Group
Introduction: Why the Sanlam Actuarial Bursary Application Matters
The Sanlam Actuarial bursary application is one of the most competitive and prestigious funding opportunities for students pursuing Actuarial Science in South Africa. With actuaries in high demand across insurance, banking, and finance sectors, this bursary provides full financial support, mentorship, and guaranteed employment opportunities for talented students.
Sanlam has been planning futures for more than a century, and its bursary programme reflects a long-term commitment to developing top actuarial professionals in South Africa.
About Sanlam Life and Savings
Sanlam Group is a leading financial services company in South Africa with operations in insurance, investments, and wealth management. Sanlam Life and Savings (SLS) focuses on retail and corporate clients and consists of three main clusters:
- Sanlam Corporate
- Sanlam Retail Mass
- Sanlam Retail Affluent
The SLS Office provides strategic direction and governance to ensure the organisation meets its objectives while maintaining strong risk management and compliance standards.
By offering actuarial bursaries, Sanlam invests in future professionals who will help shape the financial services industry.
What Is the Sanlam Actuarial Bursary?
The Sanlam Actuarial bursary is a financial and development programme designed for:
- Matric learners who plan to study Actuarial Science in 2027
- Current Actuarial Science students in their 1st, 2nd, or 3rd year of university
The bursary aims to remove financial barriers and provide long-term career support for students who demonstrate academic excellence and commitment.
Who Can Apply for the Sanlam Actuarial Bursary Application?
1. Current Actuarial Science University Students
The Sanlam Actuarial bursary application is open to South African citizens who are:
- Studying Actuarial Science full-time
- In their 1st, 2nd, or 3rd year of undergraduate studies
- Academically strong and motivated
- Committed to completing actuarial qualifications
Sanlam looks for disciplined students with analytical thinking and problem-solving skills.
2. Matric Learners Planning to Study Actuarial Science in 2027
School learners intending to study Actuarial Science can also submit a Sanlam Actuarial bursary application if they:
- Excel in Mathematics
- Enjoy solving complex problems
- Show leadership and extracurricular involvement
- Have strong academic results and discipline
Competitive applicants typically achieve:
- Above 90% in Mathematics
- An A aggregate overall
- Strong academic and extracurricular profiles
What Does the Sanlam Actuarial Bursary Cover?
The Sanlam Actuarial bursary application offers one of the most comprehensive funding packages in South Africa.
Financial Coverage
- Tuition fees
- Accommodation fees (where applicable)
- Allowance for books and living expenses
Academic and Professional Support
- Mentorship from Sanlam actuarial professionals
- Academic guidance and coaching
- Vacation work opportunities
- Networking with industry professionals
Career Opportunities
- Guaranteed employment after completing studies
- Financial support for actuarial board exams
- Work rotations across different business units
This combination of financial and career support makes the bursary highly attractive.
Requirements for University Actuarial Science Students
To complete the Sanlam Actuarial bursary application, university students must submit:
- Full academic transcripts
- Proof of registration or fee statement
- Copy of matric certificate
- Copy of South African ID
- Comprehensive CV focusing on academics, extracurricular activities, and leadership
- Motivation letter answering:
- What does an actuary do?
- Why do you want to study Actuarial Science?
- Why do you believe you can succeed as an actuary?
- Why should Sanlam select you as a bursary recipient?
- What alternative career paths would you consider if you do not qualify as an actuary?
A strong motivation letter is essential for a successful application.
Requirements for Matric Learners
Matric learners submitting a Sanlam Actuarial bursary application must provide:
- Final Grade 11 results
- Grade 12 mid-year results
- National Benchmark Test (NBT) results (if available)
- Final Grade 12 results (may be used for final selection)
- Comprehensive CV highlighting leadership and extracurricular activities
- Motivation letter answering the same key questions as university students
Sanlam prioritises candidates with exceptional Mathematics and academic performance.
How to Apply for the Sanlam Actuarial Bursary Application
All applications must be submitted online only. Email submissions and late applications will not be accepted.
Steps to Apply
- Visit the official Sanlam careers or bursary portal
- Complete the online Sanlam Actuarial bursary application
- Upload all required documents
- Submit before the closing date
Important Dates
- Closing Date: 30 June 2026
- Feedback Deadline: If you do not receive feedback by 1 October 2026, consider your application unsuccessful
It is recommended to apply early to avoid system errors or delays.
Transformation and Diversity Commitment
Sanlam is committed to transformation and employment equity in South Africa. Bursaries are awarded based on merit while considering the company’s Employment Equity plan and diversity objectives.
This ensures equal opportunities for talented students from all backgrounds.
Why the Sanlam Actuarial Bursary Application Is Highly Competitive
Sanlam’s bursary programme is unique because it offers:
- Guaranteed job placement
- Ongoing financial and academic support
- Real-world actuarial experience
- Professional mentorship
- Career rotation opportunities
These benefits provide a clear pathway from university to a professional actuarial career.
Tips to Succeed in the Sanlam Actuarial Bursary Application
1. Achieve Top Academic Results
Aim for high marks in Mathematics and related subjects.
2. Write a Powerful Motivation Letter
Show passion, discipline, and understanding of the actuarial profession.
3. Demonstrate Leadership and Extracurricular Activities
Sanlam values well-rounded students with leadership potential.
4. Prepare a Professional CV
Highlight academic achievements, awards, and leadership roles.
5. Apply Early
Early applications reduce the risk of technical issues and show commitment.
Career Opportunities After the Sanlam Actuarial Bursary
Graduates supported by the Sanlam Actuarial bursary application can work in:
- Insurance companies
- Banks and financial institutions
- Investment firms
- Consulting companies
- Government and regulatory agencies
Actuaries are highly paid professionals with strong job security and global career opportunities.
Why Sanlam Invests in Actuarial Students
Sanlam believes in long-term planning and sustainable skills development. By funding actuarial students, the company strengthens South Africa’s financial sector and builds a pipeline of future leaders.
The bursary programme supports:
- Youth development
- Skills empowerment
- Transformation
- Economic growth
Final Thoughts: Should You Apply?
The Sanlam Actuarial bursary application is an excellent opportunity for high-achieving students who want to build a career in Actuarial Science. With full funding, mentorship, and guaranteed employment, it offers one of the best pathways into the financial services industry.
If you are passionate about mathematics, finance, and problem-solving, and you are willing to commit to years of study, this bursary can change your life.
Closing Date Reminder
Apply before 30 June 2026.
All applications must be submitted online, and late submissions will not be considered.
Disclaimer for CareersFocus.co.za
CareersFocus.co.za is not affiliated with Sanlam Group. This content is for informational purposes only. Applicants must confirm details on the official Sanlam website before applying.
Karabo Ntswaki – Author of CareersFocus.co.za
Karabo Ntswaki is passionate about empowering South Africans with reliable, verified, and easily accessible information about careers and education. Through CareersFocus.co.za, Karabo’s mission is to support students, job seekers, and young professionals by providing accurate guidance on learnerships, internships, bursaries.
Her vision is to make CareersFocus.co.za the most trusted online source in South Africa for career and educational information, helping individuals overcome barriers, make informed decisions about professional goals. you can contact me at info@careersfocus.co.za or our website https://careersfocus.co.za/