R543,301
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

R49,493

Bonus

R1,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Actuarial Analyst is {{pay}} per hour.

The average pay for a Senior Actuarial Analyst is R543,301 per year.

10%
R0.00
10%
R0.00
50%
R0.00
90%
90%
MEDIAN R0.00
10%
R398k
10%
R543k
50%
R803k
90%
90%
MEDIAN R543,301
R398,132 - R803,254
R400K
R540K
R800K
MEDIAN: R543,301
10%
50%
90%
R0R859K
Salary R398,132 - R803,254
Bonus R20,000 - R105,000
Profit Sharing R1,000
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).
)
R410,943 - R859,900
  • Country: South Africa
  • Currency: ZAR
  • Updated: 23 Aug 2019
  • Individuals Reporting: 89

Job Description for Senior Actuarial Analyst

Senior actuarial analysts are responsible for high-level actuarial calculations and data analysis. They use standard methodologies to analyze company data, predicting future performance and performing risk analysis. Senior actuarial analysts help develop specific models and tools that allow a company to properly evaluate potential gains and losses of proposed business plans and processes. This includes building theoretical models specific to the company’s circumstances, gathering and analyzing appropriate data, refining the model as needed, and reaching accurate conclusions based on the results of the model. As senior analysts, they provide leadership and training to junior actuaries and provide information to others in their organization in understandable terms, using appropriate charts and presentations.

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Senior Actuarial Analyst Tasks
  • Set project goals, determine appropriate methods, and schedule effort to reach objectives.
  • Prepare rate filings and execute special projects.
  • Write reports, correspondence, and communications for internal and client use.
  • Calculate forecasts, rates, and liabilities and recommend changes.
  • Analyze, model, and communicate findings and recommendations.

Senior Actuarial Analyst Job Listings

Pay Difference by Location

National Average: R574,058

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

Key Stats for Senior Actuarial Analyst

Gender

Female
36 %
Male
64 %
1-4 years
49%
5-9 years
45%
10-19 years
6%

Experience Affects Senior Actuarial Analyst Salaries

▲8%

National Average
R574,000

▼12%

Gender

Female
36 %
Male
64 %

Years of Experience

1-4 years
49%
5-9 years
45%
10-19 years
6%

Common Health Benefits

medical benefits
Medical: 59%
dental benefits
Dental: 8%
vision benefits
Vision: 8%
no benefits
None: 41%