An Actuary in Zurich earns an average salary of CHF 119,248 per year. Most people with this job move on to other positions after 20 years in this career.

CHF 80,467 - CHF 160,498
CHF 80K
CHF 120K
CHF 160K
MEDIAN: CHF 119,248
10%
50%
90%
CHF 0CHF 184K
Salary CHF 80,467 - CHF 160,498
Bonus CHF 3,122 - CHF 30,997
Profit Sharing CHF 4,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
CHF 83,238 - CHF 184,589
  • Country: Switzerland
  • Currency: CHF
  • Updated: 18 Jan 2018
  • Individuals Reporting: 44

Job Description for Actuary

Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs paid for them) and the exposure to financial risk for the company.

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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.

Actuary Job Listings

Key Stats for Actuary

Gender

Female
17 %
Male
83 %
Less than 1 year
11%
1-4 years
32%
5-9 years
30%
10-19 years
20%
20 years or more
7%

Experience Affects Actuary Salaries

▲28%

▲20%

National Average
CHF 127,000

▼17%

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
11%
1-4 years
32%
5-9 years
30%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 42%
dental benefits
Dental: 19%
vision benefits
Vision: 15%
no benefits
None: 54%