South Africa
Job
Actuarial Manager

Average Actuarial Manager with Risk Management / Risk Control Skills Salary in South Africa

Pay
Job Details
Skills
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R970,000
/ year

Avg. Base Salary (ZAR)
10%
ZAR 243k
MEDIAN
ZAR 970k
90%
ZAR 1m

The average salary for an Actuarial Manager is R970,000 in 2025

Base Salary
R243k - R1m
Bonus
R80k - R130k
Total Pay
R268k - R2m
Based on 11 salary profiles (last updated Nov 30 2022)
Is Average Actuarial Manager with Risk Management / Risk Control Skills Salary in South Africa your job title? Find out what you should be paid
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What Do Actuarial Managers Do?

Actuarial Manager Tasks
  • Manage budgets, prioritize projects, and report on progress.
  • Make recommendations and provide guidance to organizational leadership.
  • Oversee actuarial staff and provide training and guidance.
Find your market worth – how it works:

Common Health Benefits for a Actuarial Manager

Medical
67%
Dental
17%
Vision
17%
None
33%

Gender Breakdown for Actuarial Managers

Male
66.7%
Female
33.3%
This data is based on 6 survey responses. Learn more about the gender pay gap.
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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 ZAR 1m / year

What is the lowest pay for Actuarial Managers?

Our data indicates that the lowest pay for an Actuarial Manager is ZAR 243k / 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.

WHAT AM I WORTH?
What your skills are worth in the job market is constantly changing.
United States (change)