An Actuary earns an average salary of R639,062 per year. A skill in Risk Management / Risk Control is associated with high pay for this job. People in this job generally don't have more than 20 years' experience.

R243,947 - R1,226,244
R240K
R690K
R1M
MEDIAN: R685,838
10%
50%
90%
R0R1M
Salary R243,947 - R1,226,244
Bonus R4,250 - R262,012
Profit Sharing R23.05 - R103,646
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).
)
R272,174 - R1,499,600
  • Country: South Africa
  • Currency: ZAR
  • Updated: 20 Sep 2017
  • Individuals Reporting: 201

Find Out Exactly What You Should Be Paid

United States (change)

Actuary Job Listings

Popular Employer Salaries for Actuary

Pay by Experience Level for Actuary

Pay by Experience for an Actuary has a positive trend. An entry-level Actuary with less than 5 years of experience can expect to earn an average total compensation of R513,000 based on 102 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Actuary with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R846,000 based on 67 salaries. An experienced Actuary which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R1,271,000 based on 30 salaries. An Actuary with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R1,210,000 based on 6 salaries.

Pay Difference by Location

National Average: R721,440

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

Actuary Reviews

Q: What is it like working as an Actuary?

Actuary in Cape Town:
"Great."
Pros: Intellectual stimulation. Salary.
Cons: None.

Related Job Salaries

Key Stats for Actuary

Gender

Female
19 %
Male
81 %
Less than 1 year
10%
1-4 years
38%
5-9 years
28%
10-19 years
19%
20 years or more
4%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Actuary Salaries

▲76%

Late-Career
▲68%

▲17%

National Average
R721,000

▼29%

Skills That Affect Actuary Salaries

Risk Management / Risk Control
▲49%


National Average
R721,000


Microsoft Excel
▼6%

Data Analysis
▼8%

Pricing
▼8%

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
10%
1-4 years
38%
5-9 years
28%
10-19 years
19%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 11%
vision benefits
Vision: 8%
no benefits
None: 29%
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