Actuary Salary

An Actuary earns an average salary of R617,213 per year. People in this job generally don't have more than 20 years' experience. A skill in Product Development is associated with high pay for this job. Experience strongly influences income for this job.

R246,892 - R1,030,235
(Median)
R250K
R620K
R1M
MEDIAN: R617,212
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
R0R500KR1MR1.5M
Salary
R246,892 - R1,030,235  
   
Bonus
R9,703 - R276,704  
Profit Sharing
R970 - R510,643  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
R251,726 - R1,255,535  
Country: South Africa | Currency: ZAR | Updated: 16 May 2015 | Individuals Reporting: 325
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Pay Difference by Location

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Experience Affects Actuary Salaries

Experienced
up arrow 53%

Mid-Career
up arrow 23%

National Average
R687,000


Skills That Affect Actuary Salaries

Product Development
up arrow 22%

National Average
R687,000

Microsoft Excel
up arrow 1%

Data Analysis
up arrow 3%

Pricing
up arrow 3%

Financial Modeling
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
8%
1-4 years
37%
5-9 years
37%
10-19 years
14%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 22%
vision benefits Vision: 16% employee benefits None: 24%
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