Actuary Average Salary in South Africa 2024

How much money does a Actuary make in South Africa?
The average Actuary salary in South Africa is R 1,124,471 and the median is R 1,124,471.

Based on 1 salaries submitted.

R 1,124,471

Average

R 1,124,471

Median

R 1,124,471

Highest

R 1,124,471

Lowest

Actuary Salary Comparison By Gender in South Africa
Actuary Salary Comparison By Experience in South Africa
Actuary Salary Comparison By Education in South Africa
What is the difference between Average and Median Salary?

The median is the salary where half of the people earn more and half earn less.

The average is the number obtained by adding all the salaries and dividing it by the number of them.

Both measures are helpful indicators, but the median is considered more accurate to represent the typical salary, as it is not affected by extreme salaries, that can disproportionately affect the calculation of the average.