▼51%
R981,232
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 488k
MEDIAN
ZAR 981k
90%
ZAR 1m
The average salary for an Actuary is R981,232 in 2025
Base Salary
R488k - R1m
Bonus
R10k - R391k
Profit Sharing
R15k - R76k
Commission
R0 - R4k
Total Pay
R493k - R2m
Is Average Mid-Career Actuary 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
65%
Dental
13%
Vision
4%
None
30%
Gender Breakdown for Actuaries
Male
66.7%
Female
33.3%
This data is based on 18 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 488k / 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.