Pay by Role
South Africa · Salary comparison

Actuary vs Investment Banker salary

In South Africa, a investment banker earns about 28% more than a actuary $67,267 vs $52,529 per year.

Showing amounts in USD (USD default; source data is ZAR). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Finance & Business
Actuary
$52,529/yr
Monthly
$4,378
Hourly
$25
Range
$34,563$74,489
10-yr outlook
+22%
Pays more
Finance & Business
Investment Banker
$67,267/yr
Monthly
$5,608
Hourly
$32
Range
$30,943$111,663
10-yr outlook
+7%

Pay range, side by side

PercentileActuaryInvestment Banker
Entry (10th)$34,563$30,943
25th$43,546$49,105
Median$52,529$67,267
75th$63,506$89,465
Senior (90th)$74,489$111,663

National South Africa figures in ZAR. Individual pay varies with experience, employer, and location.

More Finance & Business comparisons

Frequently asked questions

Does a actuary or investment banker earn more in South Africa?
A investment banker earns more, at about R 1 100 000 per year vs R 859 000 for a actuary — roughly 28% (R 241 000) more.
What is the salary range for these roles in South Africa?
A actuary typically earns R 565 200–R 1 218 100, while a investment banker earns R 506 000–R 1 826 000 per year.
How much do these jobs pay per month in South Africa?
On a monthly basis before tax, a actuary averages about R 71 600 and a investment banker about R 91 700.
How do entry-level salaries compare?
At the 10th percentile in South Africa, a actuary earns about R 565 200 while a investment banker earns about R 506 000 per year.
How do senior-level salaries compare?
At the 90th percentile in South Africa, a actuary earns about R 1 218 100 while a investment banker earns about R 1 826 000 per year.
Are actuary and investment banker similar careers?
Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.