Average Mid-Career Quantitative Analyst with Statistical Analysis Skills Salary in South Africa

R706,076
Avg. Base Salary (ZAR)
10%
ZAR 505k
MEDIAN
ZAR 706k
90%
ZAR 965k

The average salary for a Quantitative Analyst is R706,076 in 2025

Base Salary
R505k - R965k
Bonus
R23k - R140k
Total Pay
R505k - R1m
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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.
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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 965k / year

What is the lowest pay for Quantitative Analysts?

Our data indicates that the lowest pay for a Quantitative Analyst is ZAR 505k / 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.