▲26%
R478,350
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 242k
MEDIAN
ZAR 478k
90%
ZAR 935k
The average salary for an Actuary is R478,350 in 2025
Base Salary
R242k - R935k
Bonus
R3k - R135k
Profit Sharing
R5 - R194k
Total Pay
R247k - R990k
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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
63%
Dental
13%
Vision
13%
None
38%
Gender Breakdown for Actuaries
Male
77.8%
Female
22.2%
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 935k / year
What is the lowest pay for Actuaries?
Our data indicates that the lowest pay for an Actuary is ZAR 242k / 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.