Average Actuarial Manager Salary in South Africa

R861,878
Avg. Base Salary (ZAR)
10%
ZAR 587k
MEDIAN
ZAR 862k
90%
ZAR 1m

The average salary for an Actuarial Manager is R861,878

Base Salary
R587k - R1m
Bonus
R20k - R248k
Profit Sharing
R0 - R53k
Total Pay
R621k - R1m
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What is the Pay by Experience Level for Actuarial Managers?

What Do Actuarial Managers Do?

Actuarial Manager Tasks
  • Manage budgets, prioritize projects, and report on progress.
  • Make recommendations and provide guidance to organizational leadership.
  • Oversee actuarial staff and provide training and guidance.
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FAQs About Actuarial Managers

What is the highest pay for Actuarial Managers?

Our data indicates that the highest pay for an Actuarial Manager is ZAR 1m / year

What is the lowest pay for Actuarial Managers?

Our data indicates that the lowest pay for an Actuarial Manager is ZAR 587k / year

How can Actuarial Managers increase their salary?

Increasing your pay as an Actuarial Manager 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 an Actuarial Manager that oversees more junior Actuarial Managers, this experience can increase the likelihood to earn more.