The average salary for an Actuarial Assistant in South Africa is R270,000.
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R124k - R485k
R5k - R49k
R136k - R485k
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Job Description for Actuarial Assistant
Actuarial assistants perform analysis of quantitative statistical data, specifically dealing with financial risk. Tasks may include analyzing rating models, implementing or evaluating pricing systems, extracting financial data, calculating and managing risk, conducting valuation, and working with underwriting systems. They develop results that help minimize risk and maximize expected profits for their employers. Depending on their employer, actuarial assistants may work on a variety of projects…Read more
Actuarial Assistant Tasks
- Calculate statistical and probability forecasts and models from data.
- Document and present on project status and recommendations.
- Clean, organize, standardize, and document data sets.
Actuarial Assistant Job Listings
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Popular Skills for Actuarial Assistant
Skills in Microsoft Excel, SQL and Data Modeling are correlated to pay that is above average. Skills that pay less than market rate include Financial Modeling and Data Analysis.
Pay by Experience Level for Actuarial Assistant
An entry-level Actuarial Assistant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R228,245 based on 8 salaries. An early career Actuarial Assistant with 1-4 years of experience earns an average total compensation of R310,611 based on 25 salaries.
Years of Experience
This data is based on 33 survey responses.
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