Senior Managing Director Salary in South Africa

The average salary for a Senior Managing Director in South Africa is R1,147,002.

10%

R469k

MEDIAN

R1m

90%

R2m

Salary

R469k - R2m

Bonus

R48k - R751k

Profit Sharing

R21k - R1m

Total Pay

R489k - R2m

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Job Description for Senior Managing Director

Senior managing directors must have a strong drive to succeed to grow new and existing broking productions, as well as assist in developing sales and marketing strategies to increase revenue. These directors may develop plans to identify targeted prospects and existing clients and collaborate with other teams to build new clients and targets, and leadership skills are important in this position to understand clients' needs and develop cost-effective solutions. They must also maintain a thorough …Read more

Senior Managing Director Tasks

Uses business skills to create company policy that leads to growth and profits.
Represents company at public events.
Builds a strong team and mentors and supports the professional development of its leaders.
Uses management principles to set up and implement business operations following company policy.

Senior Managing Director Job Listings

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Popular Skills for Senior Managing Director

Operations Management

R1,142,172

135 responses

Strategic Planning

R1,126,181

108 responses

Business Strategy

R1,152,542

35 responses

Business Development

R1,286,578

32 responses

People Management

R1,050,629

30 responses

Skills in Business Strategy and Business Development are correlated to pay that is above average. Skills that pay less than market rate include People Management, Strategic Planning and Operations Management.

Pay by Experience Level for Senior Managing Director

An early career Senior Managing Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R800,000 based on 18 salaries. A mid-career Senior Managing Director with 5-9 years of experience earns an average total compensation of R1,178,058 based on 36 salaries. An experienced Senior Managing Director with 10-19 years of experience earns an average total compensation of R1,188,223 based on 76 salaries. In their late career (20 years and higher), employees earn an average total compensation of R1,287,668.