HK$995,224
Avg. Salary
HK$610
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

HK$196,527

Profit Sharing

HK$393,054

The average pay for an Actuary is HK$610 per hour.

The average pay for an Actuary is HK$995,224 per year.

$0
10%
$610
50%
$0
90%
MEDIAN $610
$245k
10%
$995k
50%
$2m
90%
MEDIAN $995,224
HK$245,109 - HK$1,957,428
HK$250K
HK$1M
HK$2M
MEDIAN: HK$995,224
10%
50%
90%
HK$0HK$2M
Salary HK$245,109 - HK$1,957,428
Bonus HK$87,700 - HK$533,291
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$484,790 - HK$2,473,008
  • Country: Hong Kong
  • Currency: HKD
  • Updated: 13 Nov 2018
  • Individuals Reporting: 22

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 Pay By Employer

$0$154K

Humana, Inc.
19 profiles
$108,189

Mercer LLC
18 profiles
$98,863

$115,020

Geico
10 profiles
$75,750

Anthem
8 profiles
$101,478

$130,401

Aetna, Inc.
8 profiles
$95,452

Prudential
7 profiles
$114,594

$80,643

$98,264

Actuary Job Listings

Pay Difference by Location

National Average: HK$1,175,834

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

Key Stats for Actuary

Gender

Female
40 %
Male
60 %
1-4 years
16%
5-9 years
20%
10-19 years
52%
20 years or more
12%

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
16%
5-9 years
20%
10-19 years
52%
20 years or more
12%

Common Health Benefits

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