Average Actuary with Reinsurance Skills Salary in Sydney, New South Wales

AU$144,416
Avg. Base Salary (AUD)

The average salary for an Actuary is AU$144,416

Base Salary
AU$0 - AU$144k
Total Pay
AU$0 - AU$151k
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What Do Actuaries Do?

Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
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FAQs About Actuaries

What is the highest pay for Actuaries in Sydney?

Our data indicates that the highest pay for an Actuary in Sydney is A$NaN / year

What is the lowest pay for Actuaries in Sydney?

Our data indicates that the lowest pay for an Actuary in Sydney is A$NaN / year

How can Actuaries increase their salary?

Increasing your pay as an Actuary is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuary that oversees more junior Actuaries, this experience can increase the likelihood to earn more.