A person working as a Actuary in South Africa will on average earn $13318 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $13,318.00 |
| Weekly salary | $256.12 |
| Daily salary | $36.49 |
| Hourly salary | $4.56 |
This means actuary salary is above average!
Job Industry: insurance
Description: An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Tagged with: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics