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 Santam.
Sanlam currently employs approximately 18 000 staff members, services over 10 million clients and is listed on the JSE (Johannesburg Stock Exchange) as well as on the NSE (Namibian Stock Exchange).
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.
ABOUT THE SANLAM BURSARY PROGRAMME – FIELDS COVERED
Sanlam is inviting students to apply for their bursary programme, for the 2024 academic year. The Sanlam bursary covers studies towards an Actuarial Science qualification, for current students and matriculants.
MORE ABOUT THE SANLAM BURSARY PROGRAMME – EXPENSES COVERED
The bursary will provide cover the following study expenses: tuition fees, actuarial board exams, accommodation, book allowance, travel allowance and pocket money.
Bursary recipients will also receive the following benefits:
- Continuous support and payment towards actuarial board exams
- Vacation work 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
ELIGIBILITY REQUIREMENTS FOR THE SANLAM BURSARY
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 2024 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
HOW TO APPLY FOR THE SANLAM BURSARY
Applications must be submitted online at: Sanlam Bursary Application 2024
Please note: ONLY online applications will be accepted – applications submitted via email or fax will NOT be accepted.
Submit clear copies of the following supporting documentation with the online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
Current undergraduate students:
- Full academic transcripts (on institutions letterhead)
- Proof of registration and/or Fee Statement (on institutions letterhead)
- Matric certificate (copy only)
- ID document, passport or valid study visa (copy only)
- Comprehensive Curriculum Vitae, with a focus on: academics, extra-mural activities and leadership skills
- Motivational letter to support your application (with answers to the following 5 questions: explain what an actuary does, why you want to study actuarial science, why you think you can become an actuary, why Sanlam should award you a bursary and your alternative career path if you do not become an actuary)
Current Matric students:
- 2021 Grade 11 final results (copy only)
- 2024 Matric mid-year results (copy only)
- NBT results (copy only)
- Comprehensive Curriculum Vitae, with focus on: academics, extra-mural activities and leadership skills
- Motivational letter to support your application (with answers to the following 5 questions: explain what an actuary does, why you want to study actuarial science, why you think you can become an actuary, why Sanlam should award you a bursary and your alternative career path if you do not become an actuary)
CLOSING DATE FOR THE SANLAM BURSARY
31 July.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact Sanlam directly:
Sanlam Head Office
Tel: 021 947 9111 / 0860 726 526