Santam Bursary Programme

Bursary Details

In an effort to create a conduit for critical and future fit skills in the financial services sector with the focus in the Short Term Insurance Industry, Santam Limited, South Africa’s largest general insurer, established the Santam Bursary Programme as part of its Skills Development Academy.

The Santam Bursary Programme intend to produce a steady stream of skilled, capable and high calibre graduate learners with core technical skills, and behavioural and leadership competencies. This in return makes bursary opportunities available to young talented individuals studying in areas such as actuarial science, agriculture, underwriting, hydraulics and insurance assessment.

The initiative was established to ensure Santam builds a talent stream and South Africa has the required skills to grow our economy.

Candidate Requirements

• Students pursuing a Postgraduate Diploma, Bachelor’s degree, Honours degree in:
  • Actuarial, Data Analytics, Data Sciences, Statistics
  • Agriculture
  • Civil, Geomatics Engineering
  • Insurance Technical Accounting, Economics, Finance, Mathematics
  • Reinsurance, Risk Management, Underwriting
• Achieved an average of 65% and above for their undergraduate degree and in the latest examinations (mid-year/June).
• South African citizens 

Bursary Inclusion

The bursary will cover costs (capped) for the following:

• Registration/Tuition fee
• Accommodation (Deposit, admin fees, etc.)
• Learning material (Books, e-Manuals, etc.)
• Laptops
• Monthly allowance
• Travel/Transport allowance