Home > Salary > South Africa > Actuarial Technician
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Estimated Yearly Salary: 145,825 ZAR
Estimated Monthly Salary: 12,152 ZAR
Estimated Weekly Salary: 2,804 ZAR per week
Estimated Hourly Salary: 70 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,702 ZAR
Estimated Weekly Salary: 2,700 ZAR per week
Estimated Hourly Salary: 68 ZAR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 7,248 USD
Estimated Monthly Salary: 604 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 145,825 ZAR
Estimated Monthly Salary: 12,152 ZAR
Estimated Weekly Salary: 2,804 ZAR per week
Estimated Hourly Salary: 70 ZAR per hour
By working as Actuarial Technician a person can save up to 333 USD per month or 3,994 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Actuarial Technician
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Product manager healthcare (206,930 ZAR per year, pre-tax.)
Lawyer public interest (178,840 ZAR per year, pre-tax.)
Engineering team leader (264,560 ZAR per year, pre-tax.)
Falconer (184,760 ZAR per year, pre-tax.)
Manager financial planning analysis (229,793 ZAR per year, pre-tax.)
Actuarial Technician salary in South Africa
Average Yearly Salary of Actuarial Technician in South Africa is approximately 145,825 ZAR (7,248 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Actuarial Technician do?
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Skills: Actuarial analysis, Risk management, Statistical modeling, Data analysis, Financial forecasting, Compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Technician make?
Salary details
How much does Actuarial Technician make?Estimated Yearly Salary: 145,825 ZAR
Estimated Monthly Salary: 12,152 ZAR
Estimated Weekly Salary: 2,804 ZAR per week
Estimated Hourly Salary: 70 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 140,420 ZAREstimated Monthly Salary: 11,702 ZAR
Estimated Weekly Salary: 2,700 ZAR per week
Estimated Hourly Salary: 68 ZAR per hour
Last revision of data: 2024-01-06Actuarial Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,248 USD
Estimated Monthly Salary: 604 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Technician job salary compared to average salary in South Africa.
Comparison shows that a person working as Actuarial Technician in South Africa earns on average:
1.15 times the average salary (or 115% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Technician job salary compared to average salary in South Africa.
Comparison shows that a person working as Actuarial Technician in South Africa earns on average:
1.15 times the average salary (or 115% of average salary).
Is Actuarial Technician a well paid job?
Yes, our data show that Actuarial Technician is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuarial Technician?
High salary for Actuarial Technician would be somewhere between 160,408 ZAR and 211,446 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Technician in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 145,825 ZAR
Estimated Monthly Salary: 12,152 ZAR
Estimated Weekly Salary: 2,804 ZAR per week
Estimated Hourly Salary: 70 ZAR per hour
By working as Actuarial Technician a person can save up to 333 USD per month or 3,994 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuarial Technician
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
(1,412,867 ZAR per year, pre-tax.)
2. Cardiologist
(1,176,011 ZAR per year, pre-tax.)
(1,138,908 ZAR per year, pre-tax.)
(1,102,268 ZAR per year, pre-tax.)
5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
Product manager healthcare (206,930 ZAR per year, pre-tax.)
Lawyer public interest (178,840 ZAR per year, pre-tax.)
Engineering team leader (264,560 ZAR per year, pre-tax.)
Falconer (184,760 ZAR per year, pre-tax.)
Manager financial planning analysis (229,793 ZAR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=south-africa&job=actuarial-technician'><img src='https://optisalary.com/wp-content/graphs/salary/actuarial-technician-salary-in-south-africa-2025.jpg' alt='actuarial technician salary in south africa 2025' title='actuarial technician salary in south africa 2025' /></a>
Please note:The salary data presented here are meant for informational purposes only.
optisalary.com presents salary estimates for informational purposes exclusively. While we gather data from multiple sources, we cannot ensure absolute reliability. Users are encouraged to consult trusted platforms before making any career decisions. Salaries fluctuate due to various factors, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the validity of the displayed salary figures. Your continued access of this site confirms your acceptance of these terms.
optisalary.com compiles salary information for reference use only. While we endeavor to deliver accurate figures, we cannot ensure their absolute reliability. Users are strongly encouraged to consult additional databases before making career-related plans. Salary figures fluctuate based on multiple factors, such as location, job role, and individual qualifications. We do not offer any guarantees as to the correctness of the provided information. Your access of this site acknowledges agreement of this disclaimer.