▼31%
R600,000
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 219k
MEDIAN
ZAR 600k
90%
ZAR 805k
The average salary for an Actuary is R600,000 in 2025
Base Salary
R219k - R805k
Bonus
R16 - R152k
Profit Sharing
R0 - R19k
Total Pay
R278k - R873k
Is Average Early-Career Actuary with Microsoft Excel Skills Salary in South Africa your job title? Find out what you should be paid
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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
54%
Dental
8%
Vision
8%
None
46%
Gender Breakdown for Actuaries
Male
66.7%
Female
33.3%
This data is based on 9 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 805k / year
What is the lowest pay for Actuaries?
Our data indicates that the lowest pay for an Actuary is ZAR 219k / 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.