Home > Salary > South Africa > Rating Analyst
A rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.
Estimated Yearly Salary: 102,502 ZAR
Estimated Monthly Salary: 8,542 ZAR
Estimated Weekly Salary: 1,971 ZAR per week
Estimated Hourly Salary: 49 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,252 ZAR
Estimated Weekly Salary: 1,904 ZAR per week
Estimated Hourly Salary: 48 ZAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 5,141 USD
Estimated Monthly Salary: 428 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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: 102,502 ZAR
Estimated Monthly Salary: 8,542 ZAR
Estimated Weekly Salary: 1,971 ZAR per week
Estimated Hourly Salary: 49 ZAR per hour
By working as Rating Analyst a person can save up to 157 USD per month or 1,887 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 Rating Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Rating Analyst salary in South Africa
Average Yearly Salary of Rating Analyst in South Africa is approximately 102,502 ZAR (5,141 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 Rating Analyst do?
A rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.
Skills: Rating Analyst, Credit Analysis, Risk Assessment, Financial Ratings, Investment Research, Creditworthiness Evaluation
Job industry: Finance
Job industry: Finance
How much does Rating Analyst make?
Salary details
How much does Rating Analyst make?Estimated Yearly Salary: 102,502 ZAR
Estimated Monthly Salary: 8,542 ZAR
Estimated Weekly Salary: 1,971 ZAR per week
Estimated Hourly Salary: 49 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 99,020 ZAREstimated Monthly Salary: 8,252 ZAR
Estimated Weekly Salary: 1,904 ZAR per week
Estimated Hourly Salary: 48 ZAR per hour
Last revision of data: 2024-01-05Rating Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,141 USD
Estimated Monthly Salary: 428 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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
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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 Rating Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Rating Analyst in South Africa earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Rating Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Rating Analyst in South Africa earns on average:
0.81 times the average salary (or 81% of average salary).
Is Rating Analyst a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Rating Analyst?
High salary for Rating Analyst would be somewhere between 112,752 ZAR and 148,628 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Rating Analyst 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: 102,502 ZAR
Estimated Monthly Salary: 8,542 ZAR
Estimated Weekly Salary: 1,971 ZAR per week
Estimated Hourly Salary: 49 ZAR per hour
By working as Rating Analyst a person can save up to 157 USD per month or 1,887 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 Rating Analyst
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:
Head brewer (109,380 ZAR per year, pre-tax.)
Cytologist (143,452 ZAR per year, pre-tax.)
Industrial truck tractor operator (100,711 ZAR per year, pre-tax.)
Contortionist (100,291 ZAR per year, pre-tax.)
Personal care provider (59,120 ZAR per year, pre-tax.)
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