Actuarial jobs are in high demand, and the Sanlam Actuarial Science Bursary could be your fast‑track into this rewarding field – but the closing date is only 30 June 2026, so you need to act now.
What the Sanlam Actuarial Science Bursary 2027 offers
Sanlam, one of South Africa’s biggest financial services groups, is funding full‑time Actuarial Science students for the 2027 intake. The bursary is open to South African citizens and is based in South Africa.
Who can apply
Undergraduate students
- South African citizen
- Studying Actuarial Science full‑time
- In first, second or third year of study
- Strong academic record
- Leadership potential and commitment
Matric learners
You may also apply if you plan to start Actuarial Science studies in 2027.
- Mathematics result above 90 %
- Overall A‑grade aggregate
- Good analytical and problem‑solving skills
What you will receive
- Tuition fees
- Accommodation fees
- Book allowance
- Travel allowance
- Pocket‑money allowance
- Mentorship from qualified actuaries
- Academic support
- Vacation work placements
- Networking events
- Support and payment for actuarial board exams
- Work‑rotation opportunities
- Guaranteed job after graduation
How to apply – step by step
- Gather the required documents:
- Full academic transcripts (or grade 11/12 results for matric learners)
- Proof of registration or fee statement (for university students)
- Certified copy of your matric certificate
- Certified copy of your ID
- Detailed CV
- Motivation letter that answers the five questions listed below
- Write a motivation letter that covers:
- What an actuary does
- Why you want to study actuarial science
- Why you think you can become an actuary
- Why Sanlam should choose you
- Which alternative career paths you would consider
- Visit the official Sanlam careers portal and create an account.
- Upload all documents and submit the application before 30 June 2026.
- After submission, keep a copy of your confirmation email. If you have not heard back by 1 October 2026, assume the application was unsuccessful.
Apply online here:
Sanlam Actuarial Science Bursary 2027 Application
Tips to improve your chances
- Maintain a high GPA; the selection is merit‑based.
- Proofread your CV and motivation letter – errors can cost you points.
- Answer every motivation question directly and give concrete examples.
- Show evidence of leadership (e.g., clubs, projects, volunteer work).
- Submit a complete application; missing documents lead to disqualification.
- Follow Sanlam’s Employment Equity policy and be honest in all statements.
Next steps
Now that you know the details, start collecting your documents and drafting your motivation letter. Remember, the deadline is 30 June 2026, and only online applications are accepted. Take the first step today – your actuarial career could begin with this bursary.
