SASRIA Bursary 2026 — Finance, Insurance, Law and Risk Management
SASRIA SOC Limited is South Africa's only state-owned special risk insurer, providing cover for losses arising from strikes, riots, civil commotion and public disorder. SASRIA's bursary programme supports students in insurance, finance, law and risk management at South African universities.
About the SASRIA SOC Limited Bursary
SASRIA (South African Special Risks Insurance Association) was established in 1979 and was converted into a state-owned company in 1998. It operates as a monopoly in South Africa for special risk insurance, providing indemnity cover distributed through licensed short-term insurers. SASRIA's bursary programme is relatively small but prestigious. It aims to develop specialists in short-term insurance, actuarial risk, claims management and legal compliance who will strengthen South Africa's specialist insurance sector.
What the Bursary Covers
- Full tuition and registration fees
- Annual book allowance
- Monthly living stipend
- Vacation work placement at SASRIA head office in Johannesburg
- Exposure to government-aligned insurance operations
Eligibility Requirements
- Citizenship: South African citizen
- Study level: Undergraduate degree at an accredited South African university
- Fields of study: Insurance, Risk Management, Actuarial Science, Finance, Accounting, Law (LLB), Business Management
- Academic average: Minimum 65% in relevant subjects
- Financial need: Financial need is a primary consideration for SASRIA bursaries
- Work-back obligation: Work-back agreement at SASRIA typically one year per year of funding
When to Apply
SASRIA bursary applications typically open in August and close in October. Check the SASRIA website at www.sasria.co.za or Government vacancy portals.
How to Apply — Step by Step
- Visit www.sasria.co.za and check the careers or news section for bursary announcements
- Download the bursary application form or complete it online
- Fill in all sections accurately and in full
- Attach certified copies of all required documents
- Submit the application by email or post before the closing date
- Shortlisted candidates will be contacted for interviews at the Johannesburg office
Documents Required
- Certified copy of South African ID
- Certified matric certificate
- Academic transcript (current students)
- Proof of university registration or conditional acceptance
- Motivational letter
- Proof of household income (SASSA letter, payslips or affidavit)
- One academic and one character reference
Tips and Additional Information
SASRIA is a unique organisation in the South African financial sector. It provides coverage that no private insurer is willing to offer, which means its specialists deal with some of the most complex and high-profile claims in the country. Students interested in public sector insurance, risk management or claims litigation will find the SASRIA environment uniquely educational.
Contact Details
- Official website: https://www.sasria.co.za
- Email: info@sasria.co.za
- Phone: 011 214 0800
- SASRIA is based in Sandton, Johannesburg. All bursary correspondence should be directed to the HR department.