Are you a top academic performer with a passion for mathematics, problem-solving, and shaping financial futures? The prestigious Sanlam Group Actuarial Bursary for 2027 is now open for applications, offering a transformative opportunity for the brightest minds in South Africa. This is more than just financial aid; it’s a direct investment into your future as a strategic leader in the financial services industry.
With a closing date of 30 June 2026, this highly competitive programme seeks to identify and nurture future actuarial talent.
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About Sanlam Group Bursary
The Sanlam Group is Africa’s largest non-banking financial services institution, with a century-long legacy of leadership and innovation. Central to its success is a deep commitment to developing future-ready professionals. The Sanlam Group Bursary scheme is a cornerstone of this commitment, specifically designed to build a pipeline of exceptional actuarial scientists who will drive the company’s strategic decisions in risk management, product development, and financial modelling for decades to come.
Sanlam Actuarial Bursary Programme
The Sanlam Actuarial Bursary Programme is targeted at two key groups of future actuaries:
- School-leaving learners (the Class of 2026) who have excelled academically and intend to begin a full-time Actuarial Science degree in 2027.
- Current full-time Actuarial Science students already in their 1st, 2nd, or 3rd year of undergraduate study at a recognised South African university.
The programme is intensely selective, looking not only for academic excellence but also for leadership potential, resilience, and a genuine passion for the actuarial profession.
Entry Requirements for Sanlam Group Bursary
To be eligible, all applicants must:
- Be South African citizens.
- Be registered (or intend to register) as full-time Actuarial Science students (1st, 2nd, or 3rd year in 2027).
- Demonstrate strong academic performance and clear leadership potential.
School-Leaving Learners (Class of 2026)
Prospective students must:
- Intend to study Actuarial Science in 2027.
- Achieve above 90% in Mathematics.
- Have an overall A aggregate.
- Show strong problem-solving ability, discipline, and academic focus.
Sanlam Actuarial Bursary Benefits
This is a comprehensive bursary designed to remove financial barriers and provide holistic career development. Benefits include:
- Full coverage of tuition and approved accommodation fees.
- A general allowance for books and living expenses.
- Mentoring and academic support from practising Sanlam actuarial professionals.
- Vacation work and exclusive networking opportunities within the Group.
- Guaranteed employment after the successful completion of studies.
- Continued financial support for postgraduate actuarial board examinations.
- Exposure to rotational work across multiple business areas, providing a broad understanding of the industry.
Required Documents
Preparing your documents is a critical part of the application. Ensure all are clear, certified copies where required.
For Undergraduate Students:
- Full academic transcripts.
- Proof of university registration and/or a fee statement for 2026/2027.
- Matric certificate.
- Certified copy of South African ID.
- A comprehensive CV detailing academic achievements, leadership roles, and extracurricular activities.
For School-Leaving Learners:
- Final Grade 11 (2025) results.
- Grade 12 mid-year (2026) results.
- NBT results (if available). Final Grade 12 results will be a deciding factor.
- A comprehensive CV.
- A detailed motivation letter answering specific questions (see below).
Motivation Letter Questions:
Your motivation is a key differentiator. You must thoughtfully answer:
- What does an actuary do?
- Why have you chosen to study actuarial science?
- Why do you believe you can succeed as an actuary?
- Why should Sanlam select you for this bursary?
- What alternative career paths would you consider if your actuarial studies are unsuccessful?
How to Apply for Sanlam Actuarial Bursary 2027
The application process is strictly managed online.
- Applications must be completed online only. No emailed submissions or hard copies will be accepted.
- Visit the official Sanlam careers or bursary website to find and access the 2027 bursary application portal.
- Complete all sections accurately and upload all required documents.
- Submit your application well before the deadline.
Apply for the Sanlam Actuarial Bursary 2027 here
Important Notice: If you do not receive any feedback by 1 October 2026, please consider your application unsuccessful.
Closing Date
The absolute deadline for all applications is 30 June 2026.
Late applications will not be considered. Given the competitiveness of this bursary, it is strongly advised not to wait until the last minute to apply.
