Are you a bright student with strong Maths skills and a dream of a career in finance and risk management? If so, the Sanlam Actuarial Bursary for 2027 is your chance to secure a promising future. This prestigious program in South Africa is aimed at finding and supporting the next generation of actuaries. It provides complete financial backing, guaranteed job placement, and a direct path to working at Sanlam, a major player in financial services.
If you’re a Grade 12 student with above 90% in Maths or a first, second, or third-year actuarial science student, don’t miss out on this opportunity to transform your academic success into a thriving career.
Application Deadline: 30 June 2026
Sanlam Actuarial Bursary 2027: Program Details
- Field: Actuarial Science
- Who Can Apply: Grade 12 Learners (Class of 2026) & Current University Students (1st, 2nd, or 3rd Year)
- Coverage: Full tuition, accommodation, allowance, exam support & Guaranteed Employment
- Location: Sanlam HQ in Bellville, Western Cape (with opportunities across the nation)
Why the Sanlam Actuarial Bursary is Special
This bursary differs from others because it’s a complete career partnership that provides:
- Full Financial Support: Covers tuition fees, living costs, educational materials, and a monthly allowance.
- Guaranteed Career: Automatically offers a job with Sanlam after you graduate.
- Professional Development: Enjoy mentorship from seasoned actuaries, work placements, and varied experiences throughout the business.
- Exam Support: Ongoing financial aid and academic backing for your actuarial exams.
- Join a Legacy: Become part of a century-old institution recognized for its role in shaping financial futures.
Who Should Apply?
- You must be a South African citizen.
- Be a full-time student in Actuarial Science, either in 1st, 2nd, or 3rd year.
- Show impressive academic results and leadership skills.
- You must be a South African citizen.
- Plan to study Actuarial Science in 2027.
- Achieve over 90% in Maths (not Maths Literacy).
- Have an A average overall.
- Exhibit strong analytical skills and dedication.
Preparing Your Application (It’s Tough!)
Your application needs careful thought and preparation.
- Certified copy of your ID.
- A detailed CV listing your academic achievements, leadership roles, and extracurricular activities.
- A strong motivational letter that answers these questions:
- What does an actuary do?
- Why are you interested in Actuarial Science?
- What makes you believe you can be successful in this field?
- What makes you a perfect fit for Sanlam?
- What other career options would you consider if not actuary?
- For Undergraduates: Submit your full transcripts, proof of current enrollment, and Matric certificate.
- For Grade 12 Students: Provide your final Grade 11 results, Grade 12 mid-year results, and NBT results.
How to Apply
All applications must be submitted online. Do not send applications via email.
- Start writing your motivational answers now. Research the actuarial profession thoroughly.
- Gather and certify all necessary academic documents.
(Use the official link on the Sanlam careers site)
- Fill out each part of the online form carefully.
- Upload documents in the required format.
- Your motivational letter should be insightful, genuine, and free of mistakes.
- Make sure to submit your application well before the 30 June 2026 deadline.
APPLY HERE: Sanlam Actuarial Bursary 2027
Also consider applying for: Bridgestone Millwright Apprenticeships 2026
And: Maslow Hotel Sandton Food & Beverage Learnership 2026
Frequently Asked Questions (FAQs)
Is there truly guaranteed employment?
Yes! The bursary guarantees a job with Sanlam after you successfully finish your Actuarial Science degree, provided you keep up good academic results.
I have 89% in Maths. Can I still apply?
Unfortunately, the requirement is firm: you must have above 90% in Maths. This program is very competitive and aimed at top achievers.
What if I struggle with the professional board exams after I graduate?
Sanlam provides help for these exams. The bursary guarantees are based on completing your degree. Becoming a qualified actuary involves passing these exams, and Sanlam will guide you throughout this journey.
Does the bursary cover studies at any university?
The bursary supports studies at any accredited South African university that offers an accepted Actuarial Science program, like UCT, Wits, UP, US, UKZN, etc.
When will I find out the outcome of my application?
If you don’t hear back by 1 October 2026, consider your application unsuccessful.
Your Path to Becoming a Leader
The Sanlam Actuarial Bursary 2027 isn’t just financial support; it’s a step toward becoming a leader in risk, finance, and strategy. This program is designed for students who excel academically and who are also strategic thinkers with the discipline to thrive in one of the toughest professions.
For those who meet the high standards, this is a transformative opportunity to secure your future in the financial sector.
Don’t procrastinate! This application will take your best effort. Start preparing your answers and collecting your documents now. Your journey towards becoming a Sanlam actuary starts with this application!
