▲21%
R505,652
Avg. Base Salary (ZAR)
/ year
Avg. Base Salary (ZAR)
10%
ZAR 252k
MEDIAN
ZAR 506k
90%
ZAR 993k
The average salary for an Actuary is R505,652 in 2026
Base Salary
R252k - R993k
Bonus
R10k - R119k
Profit Sharing
R15k - R203k
Total Pay
R267k - R2m
Is Average Entry-Level Actuary Salary in South Africa your job title? Find out what you should be paid
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What is the Pay by Experience Level for Actuaries?
What Do Actuaries Do?
Find your market worth – how it works:
Common Health Benefits for a Actuary
Medical
83%
None
17%
Gender Breakdown for Actuaries
Male
75.0%
Female
25.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.
FAQs About Actuaries
What is the highest pay for Actuaries in Johannesburg?
Our data indicates that the highest pay for an Actuary in Johannesburg is ZAR 993k / year
What is the lowest pay for Actuaries in Johannesburg?
Our data indicates that the lowest pay for an Actuary in Johannesburg is ZAR 252k / year
How can Actuaries increase their salary?
Increasing your pay as an Actuary 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 Actuary that oversees more junior Actuaries, this experience can increase the likelihood to earn more.