▼68%
R1,199,212
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 515k
MEDIAN
ZAR 1m
90%
ZAR 5m
The average salary for an Actuary is R1,199,212 in 2025
Base Salary
R515k - R5m
Bonus
R10k - R602k
Profit Sharing
R20k - R203k
Total Pay
R546k - R5m
Is Average Experienced 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
75%
Dental
25%
Vision
25%
None
25%
Gender Breakdown for Actuaries
Male
100.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.
FAQs About Actuaries
What is the highest pay for Actuaries in Cape Town?
Our data indicates that the highest pay for an Actuary in Cape Town is ZAR 5m / year
What is the lowest pay for Actuaries in Cape Town?
Our data indicates that the lowest pay for an Actuary in Cape Town is ZAR 515k / 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.