Sanlam Actuarial Science Bursaries 2021 – 2022 for African Students in South Africa

Deadline: 31st of July

Sanlam was founded in 1918 originally as a life insurance company, but over the years the company has evolved to become a diversified financial services business with a local and international footprint. The group provides individual and institutional clients with financial solutions across all market segments, through its business clusters, namely Sanlam Investments; Sanlam Emerging Markets; Sanlam Corporate; Sanlam Personal Finance and Sanlam.

The group operates throughout Africa (including South Africa; Swaziland; Zambia; Botswana; Namibia; Nigeria; Tanzania; Mozambique; Uganda; Kenya; Malawi; Ghana and Rwanda), as well as in the United Kingdom, Malaysia, India, with additional business interests in Australia, the USA and Philippines

Sanlam is inviting students to apply for their bursary programme, for the 2023 academic year. The Sanlam bursary covers studies towards an Actuarial Science qualification, for current students and matriculants.

Application Requirements

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

  • You must be a South African citizen or a non-South African citizen
  • You must be currently in Matric and intend on studying full-time towards an Actuarial Science qualification in 2023 OR you must be a studying full-time towards an Actuarial Science qualification (in your 1st, 2nd or 3rd year of study)
  • Current undergraduate students: you must demonstrate academic ability and a will to succeed
  • Current Matric students: you must have achieved a minimum result of 90% for Mathematics and an overall average A symbol (final Matric results may be used as determining factor)
  • Current Matric students: you must have excellent Mathematical skills, be able to solve difficult problems and be committed to remaining focused and disciplined throughout your studies and training
  • Preference will be given to candidates from the designated groups (African, Coloured and Indian South Africans) as well as non-SA citizens on merit


Bursary recipients will also receive the following benefits:

  • Tuition and Accommodation fees
  • General allowance towards upkeeping
  • Continuous support and payment towards actuarial board exams
  • Monitoring and networking opportunities with Sanlam staff
  • Mentoring and academic support from actuarial professionals at Sanlam
  • Guaranteed employment after graduation
  • Various rotation opportunities across a broad spectrum of disciplines

Deadline: Deadline: 31st of July

Applications must be submitted online

Click here to apply



Oyin Olufayo

Oyin Olufayo is a Sustainable Development Goals Advocate. A recent graduate of The School of Politics, Policy, and Governance (SPPG) She is a Technical Writer, Political Writer, and a Content Writer. Her passion for sustainable development goals has been implemented by creating tangible solutions. She has featured in grassroots initiatives like TedX, World Literacy Foundation, Spur Nation Media, FRCN, Naija Law and etc. spreading the impact of Sustainable education, and also facilitated numerous events regarding SDGs.

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