▲57%
R404,521
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 199k
MEDIAN
ZAR 405k
90%
ZAR 940k
The average salary for an Actuary is R404,521 in 2025
Base Salary
R199k - R940k
Bonus
R10k - R50k
Total Pay
R206k - R1m
Is Average Entry-Level Actuary with Data Analysis 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
50%
Dental
25%
Vision
25%
None
50%
Gender Breakdown for Actuaries
Male
60.0%
Female
40.0%
This data is based on 5 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 940k / year
What is the lowest pay for Actuaries?
Our data indicates that the lowest pay for an Actuary is ZAR 199k / 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.