R378,474
Avg. Salary
R185
Avg. Hourly Rate

Average additional compensation:

R30,768

Bonus

R45,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Actuarial Analyst is R185 per hour.

The average pay for an Actuarial Analyst is R378,474 per year.

10%
R167.05
10%
R185.00
50%
R350.00
90%
90%
MEDIAN R185.00
10%
R241k
10%
R378k
50%
R584k
90%
90%
MEDIAN R378,474
R241,267 - R583,993
R240K
R380K
R580K
MEDIAN: R378,474
10%
50%
90%
R167 - R350
R180
MEDIAN: R185
50%
R0R630K
Salary R241,267 - R583,993
Bonus R10,321 - R78,232
Profit Sharing R3,020 - R171,840
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).
)
R245,048 - R630,740
  • Country: South Africa
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 490
Hourly Data R0R349
Hourly Rate R185
Overtime R237
Annual Data R0R630K
Bonus R10,321 - R78,232
Profit Sharing R3,020 - R171,840
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).
)
R245,048 - R630,740
  • Country: United States
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 7

Job Description for Actuarial Analyst

An actuary analyst uses data to measure risk for a company or organization, such as insurance company or a financial services business. Common functions performed by an actuary analyst include coordinating, preparing, and performing actuarial analyses, which are required by companies when developing new products, projecting future results, repricing existing products, and/or determine financial strength. An actuary analyst is usually expected to work under minimal supervision and must be able to perform moderately complex work assignments and problem resolution.

Read More...
Actuarial Analyst Tasks
  • Analyze risk evaluation data, using appropriate models and statistical methods, and creating relevant charts and graphs.
  • Review accuracy of data and calculations.
  • Report and interpret results of data analysis.

Popular Employer Salaries for Actuarial Analyst

Common Career Paths for Actuarial Analyst


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Actuarial Analyst Job Listings

Popular Skills for Actuarial Analyst

Pay Difference by Location

4%

-2%

-17%

-19%

National Average: R393,697

Larger city markers indicate a job is popular in that location.

Actuarial Analyst Reviews

Q: What is it like working as an Actuarial Analyst?

Actuarial Analyst in Johannesburg:
"Good environment but with limited compensation and opportunity."
Pros: Culture
Cons: Salary and growth opportunity

Actuarial Analyst:
Excellent remuneration and excellent working hours. Dress code is casual as well. Maybe downfall is that bonuses weren't known in advance.... Highly transformed in lower roles but needs transformation in higher management...

Actuarial Analyst in Johannesburg:
"Great place to start your actuarial career."
Pros: Hustle and bustle
Cons: hectic office hours

Actuarial Analyst in Sandton:
Pros: Analysing data and results.
Cons: Nothing.

Related Job Salaries

Key Stats for Actuarial Analyst

Gender

Female
39 %
Male
61 %
Less than 1 year
17%
1-4 years
67%
5-9 years
14%
10-19 years
2%

Experience Affects Actuarial Analyst Salaries

▲37%

National Average
R394,000

▼9%

Skills That Affect Actuarial Analyst Salaries

▲21%


▲12%

SQL
▲8%

▼0%

National Average
R394,000

VBA
▼2%

SAS
▼2%

Microsoft Excel
▼6%

Microsoft SQL Server
▼6%

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
17%
1-4 years
67%
5-9 years
14%
10-19 years
2%

Common Health Benefits

medical benefits
Medical: 60%
dental benefits
Dental: 10%
vision benefits
Vision: 9%
no benefits
None: 40%