▼30%
R685,260
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 248k
MEDIAN
ZAR 685k
90%
ZAR 1m
The average salary for an Actuary is R685,260 in 2025
Base Salary
R248k - R1m
Bonus
R10k - R395k
Profit Sharing
R993 - R302k
Commission
R0 - R4k
Total Pay
R263k - R2m
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What is the Pay by Experience Level for Actuaries?
What Do Actuaries Do?
Find your market worth – how it works:
Common Health Benefits for a Actuary
Medical
67%
Dental
15%
Vision
12%
None
32%
Gender Breakdown for Actuaries
Male
74.0%
Female
26.0%
This data is based on 50 survey responses. Learn more about the gender pay gap.
FAQs About Actuaries
What is the highest pay for Actuaries?
Our data indicates that the highest pay for an Actuary is ZAR 1m / year
What is the lowest pay for Actuaries?
Our data indicates that the lowest pay for an Actuary is ZAR 248k / year
How can Actuaries increase their salary?
Increasing your pay as an Actuary 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 Actuary that oversees more junior Actuaries, this experience can increase the likelihood to earn more.