Average Early-Career Actuarial Manager with Insurance Skills Salary in South Africa

R708,000
Avg. Base Salary (ZAR)
25%
ZAR 590k
MEDIAN
ZAR 708k
75%
ZAR 845k

The average salary for an Actuarial Manager is R708,000 in 2025

Base Salary
R590k - R845k
Bonus
R37k - R95k
Total Pay
R600k - R896k
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FAQs About Actuarial Managers

What is the highest pay for Actuarial Managers?

Our data indicates that the highest pay for an Actuarial Manager is ZARNaN / year

What is the lowest pay for Actuarial Managers?

Our data indicates that the lowest pay for an Actuarial Manager is ZARNaN / year

How can Actuarial Managers increase their salary?

Increasing your pay as an Actuarial Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuarial Manager that oversees more junior Actuarial Managers, this experience can increase the likelihood to earn more.