Santam Bursary Scheme

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 Scheme as part of its Skills Development Academy.

The Santam Bursary Scheme intend to produce a steady stream of skilled, capable and high calibre graduate learners with core technical skills, 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.

Will you be a second, third or final year undergraduate, or an Honours student next year? Are you keen on pursuing a career in the short-term insurance industry?

Santam and StudyTrust are pleased to invite you to apply for a bursary if your studies are focused on one of the study programmes listed below.

WHO CAN APPLY

Students pursuing a Postgraduate Diploma, Bachelor’s degree, Honours degree in:

Accounting, Economics, Finance, Mathematics or Statistics
Actuarial, Computer or Data Sciences
Agriculture, Hydraulics or Information Technology
Chemical, Civil or Geomatics Engineering
Insurance, Law or Risk Management

BURSARY DETAILS

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

Tuition
Accommodation
Books
Allowance
Laptops (if necessary)

SELECTION CRITERIA

The main criteria used in the selection of successful applicants are academic potential and motivation for a career with Santam.

Applicants must have achieved an average of 65% and above for their undergraduate degree and in the latest examinations (mid-year/June).

Specific criteria applies to Agricultural applicants. See below for more details before considering your application.

HOW TO APPLY

Applications must be completed online on StudyTrust’s Xhuma platform (using either WhatsApp or the web) before 29 October 2021 to be considered for a bursary for 2022.

Only applications from South African citizens will be considered.

CLOSING DATE

Application season:
1 April to 29 October 2021.

Please carefully read the instructions on our bursary applications page before starting your application.

Apply here

OVERVIEW

At Santam we understand that effective risk management is crucial and it is in this aspect where Santam Agriculture aims to make a real difference in helping farmers create a sustainable future.

The Santam Agriculture experts have comprehensive knowledge of, and experience in the agricultural industry in underwriting and loss assessments of crops to help clients manage their risks pro-actively. They understand the fundamentals of farming and how the sun, ground and water play an integral part in the responsible development of the country and the Santam business.

CLOSING THE SCARCE SKILLS GAP

Santam have been focused on creating a pipeline of students that will support Santam’s Agri efforts through specialist knowledge transfer. We want to close the scarce skills gap in Agriculture Crop insurance by growing talented students organically through vacation work and practical exposure in underwriting, sales and relationship management.

IF YOU ARE AN AGRICULTURE BURSAR AND/OR GRADUATE YOU CAN EXPECT:

a career journey, with a rolling forward approach (the intent is for graduates to be permanently retained as trainee area managers;
to automatically participate in the graduate programme;
to participate in vacation work;
to be allocated a mentor;
to be invited to relevant business engagements/conferences,
as required.

QUALIFICATIONS AND EXPERIENCE

2- or 3-year Agricultural studies with focus on crop production
Agricultural degree/diploma with plant production and/or
soil science as preferred subjects
Microsoft Excel skills
Assertiveness
Good communication (verbal and written)
Negotiation skills
Good interpersonal skills
Flexible, team-worker, collaborative
Self-starter, drives results
Customer focus
For support services; business requirement dependent