By | June 11, 2021

Who Should Apply

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.

What Do We Offer

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

What Do We Require

Final Grade 11 results and Grade 12 min-year 2022 results as well as NBT results

Certified copy of your identity document (ID)

Grade 12 results may be used as determining factor

An above 90% score in Mathematics and an overall A aggregate

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?

How to Apply

All applications need to be completed online via the Sanlam Career Opportunities website. It is important that you submit the following documents with your application:

Your CV

A certified copy of your ID

Final Grade 11 results and Grade 12 mid-year results

A letter of motivation to support your application


We are committed to embracing and accelerating transformation. In accordance with Sanlam’s employment equity plan, preference will therefore be given to suitably qualified candidates from the designated groups (Black South Africans i.e. African, Coloured and Indian scholars).

If you have a friend or loved one who might be interested in applying for the bursary, download this page to print

Closing Date: 30 June 2022