Apply Now: Sanlam 2026 Bursary Programme – Fast‑track Your Finance Career
Sanlam is looking for suitable young people to apply for their Actuarial Bursary programme. The closing date for applications is 30 June 2026.
Ever wondered how a career in actuarial science can turn a good maths skill into a high‑paying job? If you’re a 15‑25‑year‑old in Joburg or elsewhere in South Africa, this could be the first step to a secure, well‑paid future. Sanlam, a respected name in insurance and wealth management, is backing a full‑time bursary that covers tuition, living costs, books and even a monthly stipend while you learn the ropes. Once you finish your degree, a job at Sanlam is already on the table. Sounds like a dream? Let’s break it down.
What the bursary actually gives you
- Full tuition and accommodation – no surprise fees. You can study in any university that offers actuarial science.
- Monthly pocket money – a steady income while you’re still a student.
- Book allowance – because good textbooks don’t come cheap.
- Mentorship from experienced actuaries and academic tutoring.
- Work experience during holidays and networking events.
- Support for the actuarial board exams.
- Guaranteed employment with Sanlam after you graduate.
Who can apply?
- Matric learners who plan to study actuarial science in 2027.
- Current first, second or third‑year actuarial science students.
Applicants must be South African citizens. If you’re already in university, you need to show strong academic performance and some leadership or extracurricular experience.
Eligibility details for matric students
- Final Grade 11 results (2025) and Grade 12 mid‑year results (2026) – if available.
- Overall aggregate of A or higher.
- At least 90 % in Mathematics.
- Optional: NBT results (if you’ve taken it).
Eligibility details for current students
- Full‑time enrolment in an accredited actuarial science programme.
- Strong grades – usually a 70 % average or better.
- Proof of leadership or involvement in clubs, sports or community work.
What you need to hand in
- Latest academic transcripts.
- Proof of registration or fee statement from your university.
- Copy of your matric certificate.
- South African ID copy.
- Updated CV (keep it simple – highlight maths and any relevant projects).
- Motivation letter answering these questions:
- What does an actuary do?
- Why do you want to study actuarial science?
- Why do you think you can succeed as an actuary?
- Why should Sanlam choose you?
- If you didn’t choose actuarial science, what else would you do?
Step‑by‑step application guide
- Gather all documents listed above.
- Write a clear, concise motivation letter – aim for 400‑600 words.
- Upload your CV and letter to the Sanlam careers portal.
- Fill out the online form with your personal and academic details.
- Double‑check everything before you hit “Submit”.
- Send in your application before 30 June 2026 – late applications will not be accepted.
After submission, you’ll receive an email if you’re shortlisted. If you don’t hear back by 1 October 2026, it’s safe to assume the application was not successful.
Apply right here before it closes
Why this bursary stands out
- It’s not just a scholarship – it’s a full career pipeline.
- You get to work at one of the biggest names in finance, learning real projects before you finish your degree.
- After you graduate, you’re already on a graduate scheme with Sanlam.
- Actuaries can earn top salaries in South Africa and even move abroad to places like the UK, Canada, Australia, Europe or the US.
Tips to make your application shine
- Score 90 %+ in Maths – if you’re not there yet, focus on improving your grades.
- Get involved in a maths or science club – leadership shows discipline.
- Prepare a motivation letter that feels personal, not generic.
- Show how you plan to balance studies with work and extra‑curriculars.
- Apply early – the first few dozen applications often get a quicker review.
Career path after the bursary
Think of it as a step ladder:
- Complete an actuarial science degree.
- Do holiday work at Sanlam – get a taste of the real world.
- Graduate employment at Sanlam.
- Take the actuarial board exams with Sanlam’s support.
- Become a qualified actuary.
- Progress to senior roles or executive positions.
FAQ in a nutshell
- Does Sanlam pay everything? Yes – tuition, living costs, books, pocket money and exam support.
- Is the job guaranteed? Yes, once you finish the bursary.
- How do I apply? Only online – no email submissions.
- What if I don’t hear back? If you haven’t received a reply by 1 October 2026, it’s time to look for other opportunities.
Ready to jump on this? Remember the deadline: 30 June 2026. Good luck, future actuaries!
Need more job and training info? Check out our main page for other internships, learnerships and bursaries.
