▼24%
R507,405
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 356k
MEDIAN
ZAR 507k
90%
ZAR 796k
The average salary for a Quantitative Analyst is R507,405 in 2025
Base Salary
R356k - R796k
Bonus
R17k - R117k
Profit Sharing
R31k - R100k
Total Pay
R359k - R879k
Is Average Quantitative Analyst 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 Quantitative Analysts?
What Do Quantitative Analysts Do?
Quantitative Analyst Tasks
- Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
- Perform risk analytics, loan pricing, and default risk modeling.
- Design tests and experiments to collect data and test new models and programs.
- Query, consolidate, and present data to senior management.
- Assist in the construction and execution of portfolio management.
Find your market worth – how it works:
Common Health Benefits for a Quantitative Analyst
Medical
73%
Dental
12%
Vision
11%
None
27%
Gender Breakdown for Quantitative Analysts
Male
56.8%
Female
43.2%
This data is based on 88 survey responses. Learn more about the gender pay gap.
FAQs About Quantitative Analysts
What is the highest pay for Quantitative Analysts?
Our data indicates that the highest pay for a Quantitative Analyst is ZAR 796k / year
What is the lowest pay for Quantitative Analysts?
Our data indicates that the lowest pay for a Quantitative Analyst is ZAR 356k / year
How can Quantitative Analysts increase their salary?
Increasing your pay as a Quantitative Analyst 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 a Quantitative Analyst that oversees more junior Quantitative Analysts, this experience can increase the likelihood to earn more.