Average Actuary with Valuation Skills Salary in South Africa

Average Actuary with Valuation Skills Salary in South Africa

R622,008
Avg. Base Salary (ZAR)
25%
ZAR 450k
MEDIAN
ZAR 622k
75%
ZAR 940k

The average salary for an Actuary is R622,008

Base Salary
R450k - R940k
Bonus
R0 - R85k
Total Pay
R460k - R1m
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What Do Actuaries Do?

Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
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Gender Breakdown

Male
100.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

75%

None

25%