Are you a student with a knack for numbers and a keen interest in the financial world? The Sanlam Actuarial Bursary could be the perfect launchpad for your career in actuarial science. Specifically designed for learners with strong numerical and financial aptitudes, this bursary offers a unique opportunity to study this intellectually stimulating field with one of South Africa's leading financial services groups.
Understanding Actuarial Science
Actuarial science is a discipline that applies mathematical and statistical methods to assess risk in various industries, particularly insurance and finance. Actuaries analyse financial risks, develop strategies to manage them, and guide organisations in making critical future decisions. It demands a unique combination of analytical prowess, problem-solving skills, and a robust understanding of financial markets.
Sanlam Actuarial Bursary: What's On Offer
Fields of Study
This bursary is exclusively for students pursuing Actuarial Science, with a focus on those demonstrating exceptional numerical and financial capabilities.
Qualification Supported
The bursary programme supports undergraduate studies in Actuarial Science.
Who is the Sanlam Actuarial Bursary For?
The bursary is aimed at:
- Learners who have completed matric and intend to study Actuarial Science in 2027.
- Current undergraduate students enrolled in an Actuarial Science qualification.
Key Application Requirements
Academic Excellence
Outstanding academic results are paramount. Applicants must achieve:
- An average score exceeding 90% in Mathematics.
- An overall A aggregate in their matric results.
For current university students:
- Full academic transcripts.
- Proof of registration and/or fee statement.
For learners applying from school:
- Final 2025 Grade 11 results.
- Grade 12 mid-year 2026 results.
- Final Grade 12 results may be a determining factor.
- NBT results are advantageous if available.
Essential Application Documents
Prepare the following documents for your application:
- A comprehensive CV that highlights your academic achievements, extra-mural activities, and leadership skills.
- A copy of your matric certificate.
- A copy of your South African ID.
Crafting Your Motivation Letter
A compelling motivation letter is crucial. Ensure you thoughtfully answer 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?
This is your opportunity to showcase your understanding of the profession, your passion for the field, and why you are the ideal candidate for the Sanlam Actuarial Bursary.
Important Dates and Application Link
The closing date for applications is 30 June 2026. Prospective applicants can apply online via the Sanlam Actuarial Bursary portal.
The Sanlam Actuarial Bursary presents a significant opportunity for academically strong students passionate about numerical and financial disciplines. Achieving the required high marks in Mathematics and maintaining an excellent overall academic record are essential for success.
With the application deadline of 30 June 2026 approaching, ensure you submit a thorough application to take a vital step towards a fulfilling career in actuarial science with Sanlam.
