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Average Actuarial Analyst Salary in Tanzania for 2026

An actuarial analyst in Tanzania earns about 21,121,400 TZS a year. That's 40% above the national average of 15,118,700 TZS.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Tanzania sit around 10,357,200 TZS a year, while the very top stretches to 33,001,000 TZS. Everything on this page is in Tanzanian shilling (TZS, symbol Sh), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Tanzania, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does an actuarial analyst make in Tanzania?

Average salary
21,121,400 TZS
1,760,116 TZS per month
Lowest reported
10,357,200 TZS
863,100 TZS per month
Highest reported
33,001,000 TZS
2,750,083 TZS per month

A typical actuarial analyst working in Tanzania brings home around 1,760,116 TZS a month before tax. Entry-level pay starts near 10,357,200 TZS, and the top of the ladder reaches roughly 33,001,000 TZS for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior actuarial analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How actuarial analyst pay ranges in Tanzania

A good way to think about salary in Tanzania is to look at the distribution rather than the headline average. Half of all actuarial analysts in Tanzania earn less than 21,599,000 TZS a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 14,400,800 TZS (the 25th percentile), and a quarter clear 27,841,200 TZS (the 75th percentile). The middle 50% of actuarial analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 10,357,200 TZS. The highest stretch to 33,001,000 TZS, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

10,357,200
Low
21,599,000
Median
33,001,000
High
14,400,800
25th
27,841,200
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in TZS

Actuarial analyst pay by experience in Tanzania

Years of experience is the single biggest lever on pay for an actuarial analyst in Tanzania, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical actuarial analyst salary changes as you move through the career ladder.

  • 0-2 Years
    12,239,700 TZS
  • 2-5 Years
    +29% from previous
    15,838,200 TZS
  • 5-10 Years
    +37% from previous
    21,719,900 TZS
  • 10-15 Years
    +24% from previous
    27,001,700 TZS
  • 15-20 Years
    +7% from previous
    28,919,800 TZS
  • 20+ Years
    +7% from previous
    30,841,400 TZS

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 37%. That is the point at which a actuarial analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Actuarial analyst pay by education in Tanzania

Education sits alongside experience as one of the biggest factors driving actuarial analyst pay in Tanzania. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average actuarial analyst salary in Tanzania broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    15,838,200 TZS
  • Bachelor's Degree
    +34% from previous
    21,241,100 TZS
  • Master's Degree
    +53% from previous
    32,519,500 TZS

Actuarial analyst gender pay gap in Tanzania

The gender pay gap is a stubborn feature of almost every labour market, and Tanzania is no exception. Male actuarial analysts in Tanzania earn an average of 21,961,700 TZS a year, while female actuarial analysts earn around 20,038,100 TZS. That works out to a 10% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Actuarial Analyst gender pay gap

9%

Men earn this much more than women on average in Tanzania.

Men 21,961,700 TZS
Women 20,038,100 TZS

Pay raises for an actuarial analyst in Tanzania

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Tanzania sees a raise of about 11% every 19 months, which works out to roughly 7% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Tanzania, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Tanzania:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
    1%
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Actuarial analyst bonus rates in Tanzania

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

55%

55% of actuarial analysts in Tanzania reported a bonus of some kind in the past twelve months. That makes an actuarial analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 45% of actuarial analysts reported no bonus at all over the same period.

Which careers pay bonuses in Tanzania

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Actuarial analyst: public vs private sector pay

Public-sector pay in Tanzania is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

7%

Public-sector workers earn this much more than private-sector workers in Tanzania on average.

Public sector 15,838,200 TZS
Private sector 14,760,200 TZS

Actuarial analyst salary by city in Tanzania

Actuarial analyst pay is not even across Tanzania. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Dar es Salaam
  • Mwanza
  • Dodoma
LocationTypeAverageMedianRange
Dar es SalaamCity24,000,900 TZS26,040,800 TZS11,065,000-38,281,500 TZS
MwanzaCity21,719,900 TZS23,520,800 TZS9,995,000-34,561,900 TZS
DodomaCity18,479,600 TZS18,840,100 TZS9,073,200-28,919,800 TZS


Actuarial Analyst in Tanzania: FAQs

  • How much does an actuarial analyst make per month in Tanzania?

    An actuarial analyst in Tanzania earns about 1,760,116 TZS a month before tax, based on an annual average of 21,121,400 TZS.

  • What's the salary range for an actuarial analyst in Tanzania?

    Entry-level actuarial analysts in Tanzania start near 10,357,200 TZS. Top-end pay reaches around 33,001,000 TZS. The middle 50% of earners sit between 14,400,800 and 27,841,200 TZS.

  • Is the median actuarial analyst salary in Tanzania higher or lower than the average?

    The median is 21,599,000 TZS, higher than the average of 21,121,400 TZS. Half of actuarial analysts in Tanzania earn below the median, half earn above it.

  • What's the gender pay gap for actuarial analysts in Tanzania?

    Men working as an actuarial analyst in Tanzania earn around 10% more than women on average (21,961,700 vs 20,038,100 TZS a year).

  • Do actuarial analysts in Tanzania get bonuses?

    About 55% of actuarial analysts in Tanzania reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do actuarial analysts earn more in the public or private sector in Tanzania?

    In Tanzania, the public sector pays an actuarial analyst about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do actuarial analysts in Tanzania get a pay raise?

    An actuarial analyst in Tanzania sees a raise of around 11% every 19 months, equivalent to roughly 7% a year.