The Land and Agricultural Development Bank of South Africa (Land Bank), together with the Land Bank Insurance Company (LBIC), invites unemployed graduates to apply for the Actuarial Learnership Programme 2025/2026. This 24-month programme provides structured learning, mentorship, and practical workplace experience in the agricultural financial services sector.
Learnership Location
- Centurion, Gauteng, South Africa
Closing Date: 25 August 2025
About Land Bank
Established in 1912, the Land Bank is South Africa’s only specialist agricultural bank. Its mission is to support both commercial and emerging farmers by offering tailored financial services, including land financing, equipment loans, production credit, and agri-business solutions. The bank plays a key role in promoting transformation and sustainability within South Africa’s agricultural sector.
Programme Purpose
The Actuarial Learnership Programme aims to:
- Provide graduates with practical work experience.
- Develop professional and technical skills in actuarial and insurance disciplines.
- Offer mentorship and career growth opportunities.
- Expose learners to both workplace duties and structured training initiatives.
Key Responsibilities
Learners will be expected to:
- Complete allocated tasks professionally under mentor supervision.
- Develop personal skills in their specialist qualification area.
- Handle administrative tasks and support daily operations.
- Conduct research and compile reports, presentations, and memorandums.
Minimum Qualifications
Applicants must have a tertiary qualification in one of the following areas:
- Actuarial Sciences
- Mathematical Statistics
- Data Science
- Insurance-related studies
Experience: No prior work experience is required.
Critical Competencies
Applicants should demonstrate:
- Strong analytical and problem-solving skills
- Excellent attention to detail
- Good communication skills (written and verbal)
- Ability to meet deadlines with energy and enthusiasm
- Strong initiative and interpersonal skills
- Proficiency in MS Excel, Word, and PowerPoint
Additional Requirements
- Willingness to work extended hours if required
- Willingness to travel when necessary
How to Apply
Interested candidates must apply online via the official Land Bank recruitment portal:
Apply for the Land Bank Actuarial Learnership 2025
