HK$1,000,000
Avg. Salary

Average additional compensation for this job:

Bonus

HK$200,000

Profit Sharing

HK$393,054

The average pay for an Actuary is HK$1,000,000 per year.

HK$243,282 - HK$1,972,651
HK$240K
HK$1M
HK$2M
MEDIAN: HK$1,000,000
10%
50%
90%
HK$0HK$3M
Salary HK$243,282 - HK$1,972,651
Bonus HK$88,084 - HK$535,818
Profit Sharing HK$393,054
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).
)
HK$370,000 - HK$3,200,000
  • Country: Hong Kong
  • Currency: HKD
  • Updated: 22 Sep 2018
  • Individuals Reporting: 21

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

Pay Difference by Location

-1%

National Average: HK$1,182,966

Larger city markers indicate a job is popular in that location.

Key Stats for Actuary

Gender

Female
40 %
Male
60 %
1-4 years
13%
5-9 years
21%
10-19 years
54%
20 years or more
13%

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
13%
5-9 years
21%
10-19 years
54%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 50%
vision benefits
Vision: 20%
no benefits
None: 5%